As of Wednesday, Compania de Minas Buenaventura S.A.A.’s (NYSE:BVN) stock closed at $5.56, down from $5.67 the previous day. While Compania de Minas Buenaventura S.A.A. has underperformed by -1.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BVN fell by -33.41%, with highs and lows ranging from $12.35 to $5.18, whereas the simple moving average fell by -32.41% in the last 200 days.
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On March 24, 2022, Morgan Stanley Upgraded Compania de Minas Buenaventura S.A.A. (NYSE: BVN) to Equal-Weight. A report published by Goldman on December 15, 2020, Downgraded its rating to ‘Neutral’ for BVN. Morgan Stanley February 25, 2019d its ‘Overweight’ rating to ‘Equal-Weight’ for BVN, as published in its report on February 25, 2019. Citigroup also rated the stock as ‘Buy’.
Analysis of Compania de Minas Buenaventura S.A.A. (BVN)
Investors in Compania de Minas Buenaventura S.A.A. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.07 per share. Further, the quarter-over-quarter decrease in sales is -37.70%, showing a negative trend in the upcoming months.
One of the most important indicators of Compania de Minas Buenaventura S.A.A.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 1.70, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and BVN is recording 1.46M average volume. On a monthly basis, the volatility of the stock is set at 5.25%, whereas on a weekly basis, it is put at 7.12%, with a loss of -5.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.93, showing growth from the present price of $5.56, which can serve as yet another indication of whether BVN is worth investing in or should be passed over.
How Do You Analyze Compania de Minas Buenaventura S.A.A. Shares?
The Other Precious Metals & Mining market is dominated by Compania de Minas Buenaventura S.A.A. (BVN) based in the Peru. When comparing Compania de Minas Buenaventura S.A.A. shares with other companies under Basic Materials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 7.68, there is a growth in quarterly earnings of -203.20%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 37.20%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 64.10% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in BVN shares?
The recent increase in stakes in BVN appears to be a result of several institutional investors and hedge funds increasing their positions. Van Eck Associates Corp.’s position in BVN has increased by 7.23% in the first quarter. The company now owns 24,450,523 shares of the stock, with a value of $161.37 million, following the purchase of 1,648,500 additional shares during the last quarter. T. Rowe Price Associates, Inc. made another decreased to its shares in BVN during the first quarter, downing its stake by -8.95%. During the last quarter, the company dropped down -1,874,740 additional shares for a total stake of worth $125.9 million, bringing number of shares owned by the company to 19,075,053.
During the first quarter, 1832 Asset Management LP subtracted a -2,100,723 position in BVN. Westwood Global Investments LLC sold an additional -0.18 million shares in the last quarter, decreasing its holdings by -1.64%, now holding 10.85 million shares worth $71.61 million. At the end of the first quarter, AFP Integra SA increased its BVN holdings by 3.72% and now holds 10.71 million BVN shares valued at $70.7 million with the added 0.38 million shares during the period. BVN shares are owned by institutional investors to the tune of 64.10% at present.