It’s still a bull thesis, just subverted: ICICI Bank Ltd. ADR (IBN)

At the time of writing, ICICI Bank Ltd. ADR [IBN] stock is trading at $33.81, down -0.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IBN shares have gain 1.35% over the last week, with a monthly amount drifted -0.79%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

ICICI Bank Ltd. ADR [NYSE: IBN] stock has seen the most recent analyst activity on July 14, 2020, when Bernstein upgraded its rating to a Outperform. On October 30, 2017, upgrade upgraded it’s rating to Buy. Macquarie upgraded its rating to a Outperform. Jefferies downgraded its rating to a Hold. Goldman upgraded its rating to Buy for this stock on October 24, 2016. In a note dated June 16, 2016, JP Morgan downgraded an Neutral rating on this stock.

For the past year, the stock price of ICICI Bank Ltd. ADR fluctuated between $25.12 and $34.33. ICICI Bank Ltd. ADR [NYSE: IBN] shares were valued at $33.81 at the most recent close of the market.

Analyzing the IBN fundamentals

According to ICICI Bank Ltd. ADR [NYSE:IBN], the company’s sales were 34.81B for trailing twelve months, which represents an 13.79% jump. Gross Profit Margin for this corporation currently stands at 1.09% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.18 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It is important to note that ICICI Bank Ltd. ADR [NYSE:IBN] has a current ratio of 0.23. Considering the valuation of this stock, the price to sales ratio is 3.46, the price to book ratio is 3.49 and price to earnings (TTM) ratio is 20.53.

Related Posts