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.
Several price targets were given for FIBK by the analysts covering the stock. The most optimistic price target was 45, implying potential capital gains of 22.12 percent. The lowest price target was 41, implying potential capital losses of 11.26 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.91 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.34 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 28.98 percent higher than its low, and below the high by 18.74 percent. FIBK has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.