A share price of First Interstate BancSystem Inc [FIBK] is currently trading at $30.01, up 4.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The FIBK shares have gain 7.56% over the last week, with a monthly amount glided 10.53%, 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.
First Interstate BancSystem Inc experienced fluctuations in its stock price throughout the past year between $22.95 and $36.77. 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 $30.01 at the most recent close of the market. An investor can expect a potential return of 26.62% based on the average FIBK price forecast.
Analyzing the FIBK fundamentals
Trailing Twelve Months sales for First Interstate BancSystem Inc [NASDAQ:FIBK] were 1.46B which represents -5.46% decline. 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 28.83 points at the first support level, and at 27.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.75, and for the 2nd resistance point, it is at 31.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for First Interstate BancSystem Inc [NASDAQ:FIBK] is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 0.94 and price to earnings (TTM) ratio is 14.23.
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.
