How did First Interstate BancSystem Inc (FIBK) surprise investors with its report?

First Interstate BancSystem Inc [FIBK] stock is trading at $35.35, down -0.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The FIBK shares have gain 5.87% over the last week, with a monthly amount glided 12.51%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

First Interstate BancSystem Inc [NASDAQ: FIBK] stock has seen the most recent analyst activity on November 26, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $42 from $32. Previously, Barclays downgraded its rating to Underweight on October 31, 2024, and dropped its price target to $30. On October 01, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $28 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $28 on March 08, 2024. Wells Fargo downgraded its rating to a Equal Weight but $25 remained the price target by the analyst firm on October 04, 2023. UBS started tracking with a Neutral rating for this stock on March 15, 2023, and assigned it a price target of $33. In a note dated February 01, 2023, Stephens upgraded an Overweight rating on this stock and revised its target price from $44 to $43.

First Interstate BancSystem Inc [FIBK] stock has fluctuated between $24.16 and $36.77 over the past year. Currently, Wall Street analysts expect the stock to reach $33.33 within the next 12 months. First Interstate BancSystem Inc [NASDAQ: FIBK] shares were valued at $35.35 at the most recent close of the market. An investor can expect a potential drop of -5.71% based on the average FIBK price forecast.

Analyzing the FIBK fundamentals

First Interstate BancSystem Inc [NASDAQ:FIBK] reported sales of 1.47B for the trailing twelve months, which represents a growth of 2.86%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.

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 35.01 points at the first support level, and at 34.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.88, and for the 2nd resistance point, it is at 36.42.

Ratios To Look Out For

For context, First Interstate BancSystem Inc’s Current Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 2.51, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 15.51.

Transactions by insiders

Recent insider trading involved Scott James R. Jr, 10% Owner, that happened on Nov 22 ’24 when 6067.0 shares were sold. Affiliate, James R. Scott, Jr. completed a deal on Nov 22 ’24 to buy 6067.0 shares. Meanwhile, Director Scott Jonathan R sold 22050.0 shares on Nov 12 ’24.

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