First Interstate BancSystem Inc [FIBK] stock prices are down -0.51% to $29.10 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FIBK shares have gain 1.64% over the last week, with a monthly amount drifted -4.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, DA Davidson upgraded its rating to Buy on November 26, 2024, and elevated its price target to $42. On October 31, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $30 on the stock. Wells Fargo downgraded its rating to a Underweight and decreased its price target to $28 on October 01, 2024. Barclays initiated its recommendation with a Equal Weight and recommended $28 as its price target on March 08, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on October 04, 2023, but kept the price target unchanged to $25. In a note dated March 15, 2023, UBS initiated an Neutral rating and provided a target price of $33 on this stock.
The stock price of First Interstate BancSystem Inc [FIBK] has been fluctuating between $24.16 and $36.77 over the past year. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. First Interstate BancSystem Inc [NASDAQ: FIBK] shares were valued at $29.10 at the most recent close of the market. An investor can expect a potential return of 16.84% based on the average FIBK price forecast.
Analyzing the FIBK fundamentals
The First Interstate BancSystem Inc [NASDAQ:FIBK] reported sales of 1.48B for trailing twelve months, representing a surge of 1.28%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
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 28.82 points at the first support level, and at 28.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.37, and for the 2nd resistance point, it is at 29.65.
Ratios To Look Out For
It’s worth pointing out that First Interstate BancSystem Inc [NASDAQ:FIBK]’s Current Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 13.29.
Transactions by insiders
Recent insider trading involved HEYNEMAN JOHN M JR, Director, that happened on Feb 26 ’25 when 250.0 shares were sold. Director’s son, QUINN T HEYNEMAN completed a deal on Feb 26 ’25 to buy 250.0 shares. Meanwhile, Director HEYNEMAN JOHN M JR sold 1335.0 shares on Feb 14 ’25.
