Analyst Ratings for First Interstate BancSystem Inc. Cl A (FIBK)Updated: 2017-07-27
First Interstate BancSystem Inc. Cl A (NASDAQ:FIBK) was awarded an average rating of Overweight from investment analysts following the stock. Last month, FIBK received an average rating of Overweight.
Of the 7 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for FIBK. The highest price target was 45, implying a possible profit of 22.12 percent. The minimum price target given was 41, implying potential capital losses of 11.26 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.91 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.34 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of FIBK's earnings is estimated by analysts to be 4.99 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. FIBK has a PEG ratio of 3.37.
FIBK has traded between a high of 45.35 and a low of 28.57 over the past year. Today's price is 28.98 percent above the 52-week low, and below the high by 18.74 percent. FIBK has a P/E ratio of 16.83. Investors typically compare the P/E ratio to a company's peers in the industry. The FIBK value stock report compares FIBK to some of its peers using value stock charts. The stock has a market capitalization of $2.06 billion. FIBK will post this quarters earnings in days, on 0000-00-00.