Grupo Financiero Galicia (GGAL) Projected to Post Earnings on Tuesday

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

Grupo Financiero Galicia Trading Down 1.3 %

Shares of NASDAQ GGAL opened at $58.14 on Tuesday. Grupo Financiero Galicia has a 1-year low of $20.98 and a 1-year high of $74.00. The business has a fifty day moving average price of $65.37 and a 200 day moving average price of $54.09. The stock has a market capitalization of $8.57 billion, a P/E ratio of 8.56 and a beta of 1.82. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.11 and a quick ratio of 1.11.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GGAL. 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 report on Monday, December 16th. StockNews.com downgraded shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Grupo Financiero Galicia has an average rating of “Moderate Buy” and a consensus price target of $59.00.

About Grupo Financiero Galicia

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.