An analyst sees good growth prospects for Isabella Bank Corp (ISBA)

With 65334.0 shares changed hands, the volume of the stock remained heavier than its average volume of 6560.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $44.989 whereas the lowest price it dropped to was $33.625. The 52-week range on ISBA shows that it touched its highest point at $41.99 and its lowest point at $17.55 during that stretch. It currently has a 1-year price target of $27.00. With its current market cap of 288.00 million, ISBA has annualized dividend of $1.12 while the current yield stands at 2.87%. ISBA paid its most recent dividend on 1743033600, while the ex-dividend date for that was 1750896000. Beta for the stock currently stands at 0.21.

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 ISBA was up-trending over the past week, with a rise of 21.72%, but this was up by 40.32% over a month. Three-month performance surged to 60.53% while six-month performance rose 69.24%. The stock gained 109.51% in the past year, while it has gained 50.10% so far this year. A look at the trailing 12-month EPS for ISBA yields 1.97 with Next year EPS estimates of 2.62. For the next quarter, that number is 0.55. This implies an EPS growth rate of 14.93% for this year and 13.20% for next year.

Float and Shares Shorts:

At present, 7.27 million ISBA shares are outstanding with a float of 6.64 million shares on hand for trading. In addition to Mr. Jerome E. Schwind as the firm’s President, CEO & Director, Mr. William M. Schaefer serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 7e-05 of ISBA’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ISBA since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ISBA analysts setting a high price target of 27.0 and a low target of 27.0, the average target price over the next 12 months is 27.0. Based on these targets, ISBA could drop -30.79% to reach the target high and fall by -30.79% to reach the target low. Reaching the average price target will result in a decline of -30.79% 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 $1.875 being high and $1.875 being low. For ISBA, this leads to a yearly average estimate of $1.875.

Sete News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.