Investors might want to bet on Banco Bilbao (BBVA) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...

Core Insights - The article compares Banco Bilbao (BBVA) and National Australia Bank Ltd. (NABZY) to determine which stock offers better value for investors [1] - Both companies currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook [1] Valuation Metrics - BBVA has a forward P/E ratio of 6.78, while NABZY has a forward P/E of 13.92, suggesting BBVA is more undervalued [2] - BBVA's PEG ratio is 0.55, indicating a favorable valuation relative to its expected earnings growth, compared to NABZY's PEG ratio of 3.75 [2] - BBVA's P/B ratio stands at 1.03, while NABZY's P/B ratio is 1.67, further supporting BBVA's superior valuation [2] Value Grades - BBVA holds a Value grade of B, whereas NABZY has a Value grade of D, indicating that BBVA is the better value option based on the discussed metrics [3]

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Q1 2024 Earnings Conference Call April 29, 2024 3:30 AM ET Company Participants Onur Genç - Chief Executive Officer Luisa Gómez Bravo - Group’s Chief Financial Officer Patricia Bueno Olalla - Global Head of Shareholder & Investor Relations Conference Call Participants Maks Mishyn - JB Capital Francisco Riquel - Alantra Benjamin Toms - RBC Capital Markets Marta Sanchez Romero - Citi Antonio Reale - Bank of America Sofie Peterzens - J.P. Morgan Alvaro Serrano ...

1Q24 Earnings April 29, 2024 1Q24 Earnings 2 Disclaimer This document is only provided for information purposes and is not intended to provide financial advice and, therefore, does not constitute, nor should it be interpreted as, an offer to sell, exchange or acquire, or an invitation for offers to acquire securities issued by any of the aforementioned companies, or to contract any financial product. Any decision to purchase or invest in securities or contract any financial product must be made solely and e ...

Core Viewpoint - Investors in the Banks - Foreign sector may consider Banco Bilbao (BBVA) or Nordea Bank AB (NRDBY) as potential undervalued stocks, with BBVA appearing to be the superior value option based on various valuation metrics [1][3]. Group 1: Zacks Rank and Earnings Outlook - Both BBVA and NRDBY currently hold a Zacks Rank of 2 (Buy), indicating an improving earnings outlook due to positive analyst estimate revisions [1]. - The Zacks Rank is a tool that emphasizes companies with favorable estimate revision trends, which is beneficial for value investors [1]. Group 2: Valuation Metrics - BBVA has a forward P/E ratio of 6.84, while NRDBY has a forward P/E of 7.60, suggesting BBVA is more attractively priced [2]. - BBVA's PEG ratio is 0.58, compared to NRDBY's PEG ratio of 0.73, indicating BBVA's stock is undervalued relative to its expected earnings growth [2]. - BBVA's P/B ratio is 1.05, while NRDBY's P/B ratio is 1.19, further supporting BBVA's position as the better value option [2]. Group 3: Value Grades - BBVA has been assigned a Value grade of B, while NRDBY has a Value grade of D, highlighting BBVA's stronger valuation metrics [3].

Company Overview - Banco Bilbao (BBVA) is headquartered in Madrid and has experienced a price change of 15.81% in 2023 [2] - The bank currently pays a dividend of $0.34 per share, resulting in a dividend yield of 6.53%, which is significantly higher than the Banks - Foreign industry's yield of 3.92% and the S&P 500's yield of 1.6% [2] Dividend Performance - The annualized dividend of BBVA is $0.69, reflecting a 67.5% increase from the previous year [2] - Over the last 5 years, BBVA has increased its dividend twice on a year-over-year basis, with an average annual increase of 9.25% [2] - The current payout ratio for BBVA is 20%, indicating that the bank paid out 20% of its trailing 12-month earnings per share as dividends [2] Earnings Growth - The Zacks Consensus Estimate for BBVA's earnings in 2024 is $1.54 per share, which represents a year-over-year earnings growth rate of 10% [3] Investment Appeal - BBVA is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [4]

Group 1 - Banco Bilbao (BBVA) is currently ranked 11 in the Zacks Sector Rank among 859 companies in the Finance group, with a Zacks Rank of 2 (Buy) [1] - The Zacks Consensus Estimate for BBVA's full-year earnings has increased by 7.2% in the past quarter, indicating improved analyst sentiment [2] - BBVA has gained approximately 15.8% year-to-date, significantly outperforming the average return of -0.1% for Finance companies [2] Group 2 - Banco Bilbao belongs to the Banks - Foreign industry, which includes 67 companies and is currently ranked 82 in the Zacks Industry Rank, with a year-to-date gain of 1.7% [3] - Another Finance sector stock, Brown & Brown (BRO), has a year-to-date return of 15.2% and a Zacks Rank of 2 (Buy) [2] - The Insurance - Brokerage industry, which includes Brown & Brown, is ranked 104 and has gained 6.5% year-to-date [3]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to capitalize on established price movements for profitable trades [1] Company Overview: Banco Bilbao (BBVA) - BBVA currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [1] - The bank has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [2] Performance Metrics - Over the past week, BBVA shares increased by 0.42%, while the Zacks Banks - Foreign industry rose by 1.04% [3] - In a longer timeframe, BBVA's shares have appreciated by 17.23% monthly, compared to the industry's 3.69% [3] - Over the past quarter, BBVA shares have surged by 27.45%, and over the last year, they have gained 67.94%, significantly outperforming the S&P 500's increases of 10.42% and 32.12% respectively [4] Trading Volume - BBVA's average 20-day trading volume is 1,634,562 shares, which serves as a bullish indicator when combined with rising stock prices [4] Earnings Outlook - In the last two months, two earnings estimates for BBVA have been revised upwards, with the consensus estimate increasing from $1.47 to $1.54 [5] - For the next fiscal year, one estimate has moved higher, with no downward revisions noted [5] Conclusion - Given the positive performance metrics and earnings outlook, BBVA is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [6]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Stock Comparison - Investors considering stocks in the Banks - Foreign sector may evaluate Banco Bilbao (BBVA) and Nordea Bank AB (NRDBY) for value opportunities [1] - BBVA holds a Zacks Rank of 1 (Strong Buy), indicating a stronger earnings outlook improvement compared to NRDBY, which has a Zacks Rank of 2 (Buy) [1] Valuation Metrics - BBVA has a forward P/E ratio of 7.24, lower than NRDBY's 8.21, suggesting better value [2] - BBVA's PEG ratio of 0.61 is more favorable than NRDBY's 0.79, reflecting better earnings growth potential relative to its price [2] - BBVA's P/B ratio of 1.12 is lower than NRDBY's 1.29, indicating a more attractive valuation based on book value [3] Style Scores and Value Grades - BBVA receives a Value grade of B, outperforming NRDBY's Value grade of D, based on key valuation metrics [3] - BBVA stands out in both Zacks Rank and Style Scores models, making it a more compelling option for value investors [3]