Grupo Financiero Galicia (GGAL) Expected to Announce Earnings on Tuesday

Grupo Financiero Galicia (NASDAQ:GGAL) will likely be releasing its earnings data before the market opens on Tuesday, March 4th. Analysts expect Grupo Financiero Galicia to announce earnings of $1.85 per share and revenue of $1.22 billion for the quarter.

Grupo Financiero Galicia Price Performance

Shares of NASDAQ:GGAL opened at $58.14 on Tuesday. The firm’s 50 day simple moving average is $65.37 and its two-hundred day simple moving average is $54.09. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market capitalization of $8.57 billion, a P/E ratio of 8.56 and a beta of 1.82. Grupo Financiero Galicia has a 1-year low of $20.98 and a 1-year high of $74.00.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Morgan Stanley upgraded shares of Grupo Financiero Galicia from an “underweight” rating to an “overweight” rating and set a $92.00 price target on the stock in a research report on Monday, December 16th. StockNews.com downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Grupo Financiero Galicia has a consensus rating of “Moderate Buy” and an average target price of $59.00.

Grupo Financiero Galicia Company Profile

Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.