With 3.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.12 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $28.87 whereas the lowest price it dropped to was $28.67. The 52-week range on IBN shows that it touched its highest point at $32.14 and its lowest point at $23.54 during that stretch. It currently has a 1-year price target of $34.83. With its current market cap of 101.22 billion, IBN has annualized dividend of $0.24 while the current yield stands at 0.83%. IBN paid its most recent dividend on 1723420800, while the ex-dividend date for that was 1723420800. Beta for the stock currently stands at 0.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IBN was up-trending over the past week, with a rise of 2.54%, but this was down by -4.85% over a month. Three-month performance dropped to -8.26% while six-month performance fell -1.51%. The stock gained 17.64% in the past year, while it has lost -3.99% so far this year. A look at the trailing 12-month EPS for IBN yields 1.60 with Next year EPS estimates of 1.67. For the next quarter, that number is 0.38. This implies an EPS growth rate of 9.60% for this year and 9.52% for next year. EPS is expected to grow by 10.96% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 74.44%.
Float and Shares Shorts:
At present, 3.53 billion IBN shares are outstanding with a float of 3.53 billion shares on hand for trading. On 2024-12-31, short shares totaled 24.23 million, which was 69.0 higher than short shares on 1732838400. In addition to Mr. Sandeep Bakhshi B.E. as the firm’s MD, CEO & Executive Director, Mr. Anindya Banerjee serves as its Group CFO & Head of Investor Relations.
Institutional Ownership:
Through their ownership of 0.1943 of IBN’s outstanding shares, institutional investors have minority control over the company.
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Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With IBN analysts setting a high price target of 39.0 and a low target of 35.0, the average target price over the next 12 months is 36.575. Based on these targets, IBN could surge 36.03% to reach the target high and rise by 22.08% to reach the target low. Reaching the average price target will result in a growth of 27.57% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $115.92432 being high and $112.6122 being low. For IBN, this leads to a yearly average estimate of $115.09629.
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