Advertisement
Canada markets closed
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7319
    -0.0001 (-0.02%)
     
  • CRUDE OIL

    83.34
    -0.02 (-0.02%)
     
  • Bitcoin CAD

    91,071.67
    -147.10 (-0.16%)
     
  • CMC Crypto 200

    1,433.63
    +18.87 (+1.33%)
     
  • GOLD FUTURES

    2,334.60
    -7.50 (-0.32%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,729.00
    +122.25 (+0.69%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     
  • CAD/EUR

    0.6832
    -0.0004 (-0.06%)
     

Why Grupo Financiero (GGAL) Could Be a Top Value Stock Pick

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Grupo Financiero Galicia S.A. GGAL.

Grupo Financiero in Focus

GGALmay be an interesting play thanks to its forward PE of 1.9, its P/S ratio of 0.3, and its decent dividend yield of 3.4%. These factors suggest that Grupo Financiero is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that GGAL has decent revenue metrics to back up its earnings.

ADVERTISEMENT

Grupo Financiero Galicia S.A. PE Ratio (TTM)

Grupo Financiero Galicia S.A. PE Ratio (TTM)
Grupo Financiero Galicia S.A. PE Ratio (TTM)

Grupo Financiero Galicia S.A. pe-ratio-ttm | Grupo Financiero Galicia S.A. Quote

But before you think that Grupo Financiero is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 4.7% in the past 30 days, thanks to two upward revisions in the past month compared to none lower.

This estimate strength is actually enough to push GGAL to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, Grupo Financiero is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.

This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.

See their latest picks free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Grupo Financiero Galicia S.A. (GGAL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research