Grupo Aval Acciones y Valores (NYSE:AVAL) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Grupo Aval Acciones y Valores (NYSE:AVAL) posted its quarterly earnings data on Friday. The bank reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03), Zacks reports. Grupo Aval Acciones y Valores had a return on equity of 6.06% and a net margin of 5.08%.

Grupo Aval Acciones y Valores Price Performance

Shares of AVAL traded up $0.11 during midday trading on Friday, reaching $4.06. The stock had a trading volume of 426,073 shares, compared to its average volume of 197,001. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $4.82 billion, a P/E ratio of 10.15 and a beta of 0.60. The firm’s 50 day moving average price is $4.85 and its 200-day moving average price is $4.77. Grupo Aval Acciones y Valores has a 52 week low of $3.35 and a 52 week high of $6.20.

Analyst Ratings Changes

Several equities analysts have commented on the stock. JPMorgan Chase & Co. cut shares of Grupo Aval Acciones y Valores from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $5.50 to $5.00 in a research note on Wednesday, September 16th. Wall Street Zen raised shares of Grupo Aval Acciones y Valores to a “hold” rating in a research note on Saturday, October 17th. Finally, Weiss Ratings cut shares of Grupo Aval Acciones y Valores from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, September 3rd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $5.00.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores is a Colombian financial holding company with businesses in banking, asset management, investment banking and infrastructure. Its financial services include commercial and consumer banking, pension and severance fund management, and services for businesses and institutional clients. In Colombia, the group’s banking interests include Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas. It also has a presence in Central America through BAC, which provides banking and other financial services in the region.