First Interstate BancSystem Inc [FIBK] stock prices are up 1.64% to $27.9 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FIBK shares have gain 5.36% over the last week, with a monthly amount glided 5.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On November 26, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $42 on the stock. Barclays downgraded its rating to a Underweight and decreased its price target to $30 on October 31, 2024. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $28 on October 01, 2024. Barclays started tracking with a Equal Weight rating for this stock on March 08, 2024, and assigned it a price target of $28. In a note dated October 04, 2023, Wells Fargo downgraded an Equal Weight rating on this stock but restated the target price of $25.
The stock price of First Interstate BancSystem Inc [FIBK] has been fluctuating between $22.95 and $36.77 over the past year. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. First Interstate BancSystem Inc [NASDAQ: FIBK] shares were valued at $27.9 at the most recent close of the market. An investor can expect a potential return of 36.2% based on the average FIBK price forecast.
Analyzing the FIBK fundamentals
The First Interstate BancSystem Inc [NASDAQ:FIBK] reported sales of 1.46B for trailing twelve months, representing a drop of -5.46%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
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 27.32 points at the first support level, and at 26.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.31, and for the 2nd resistance point, it is at 28.72.
Ratios To Look Out For
It’s worth pointing out that First Interstate BancSystem Inc [NASDAQ:FIBK]’s Current Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 13.23.
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.
