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

Grupo Financiero Galicia logo with Finance background
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Grupo Financiero Galicia (NASDAQ:GGAL - Get Free Report) is expected to post its quarterly earnings results 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 Price Performance

GGAL traded up $1.72 during trading on Friday, reaching $57.22. 1,456,484 shares of the company traded hands, compared to its average volume of 1,128,974. Grupo Financiero Galicia has a 12-month low of $20.98 and a 12-month high of $74.00. The firm has a fifty day simple moving average of $64.95 and a 200 day simple moving average of $54.30. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $8.44 billion, a P/E ratio of 8.43 and a beta of 1.82.

Analyst Upgrades and Downgrades

GGAL has been the topic of a number of recent research reports. Morgan Stanley upgraded Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $92.00 price objective on the stock in a research report on Monday, December 16th. StockNews.com lowered shares of Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a 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 company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $59.00.

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View Our Latest Stock Analysis on Grupo Financiero Galicia

About Grupo Financiero Galicia

(Get Free Report)

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.

Further Reading

Earnings History for Grupo Financiero Galicia (NASDAQ:GGAL)

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