At the time of writing, Bancolombia S.A. ADR [CIB] stock is trading at $32.27, down -1.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The CIB shares have gain 3.46% over the last week, with a monthly amount glided 1.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Bancolombia S.A. ADR [NYSE: CIB] stock has seen the most recent analyst activity on August 29, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $34 from $38. Previously, Goldman downgraded its rating to Sell on August 20, 2024, and dropped its price target to $32. HSBC Securities downgraded its rating to a Hold. Jefferies initiated its recommendation with a Hold and recommended $28.60 as its price target on October 16, 2023. Goldman downgraded its rating to Neutral for this stock on September 21, 2023, and downed its price target to $31. In a note dated August 30, 2023, Itau BBA downgraded an Market Perform rating on this stock.
For the past year, the stock price of Bancolombia S.A. ADR fluctuated between $24.74 and $37.85. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Bancolombia S.A. ADR [NYSE: CIB] shares were valued at $32.27 at the most recent close of the market. An investor can expect a potential return of 5.36% based on the average CIB price forecast.
Analyzing the CIB fundamentals
According to Bancolombia S.A. ADR [NYSE:CIB], the company’s sales were 11.44B for trailing twelve months, which represents an 4.85% jump. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.90 points at the first support level, and at 31.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.70, and for the 2nd resistance point, it is at 33.12.
Ratios To Look Out For
It is important to note that Bancolombia S.A. ADR [NYSE:CIB] has a current ratio of 0.20. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.39 and price to earnings (TTM) ratio is 9.57.
