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.
Investment analysts gave a few price targets for FIBK. The most optimistic price target was 45, implying a possible profit of 22.12 percent. The minimum price target given was 41, which equates to a potential downside of 11.26 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.34 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.
Analysts estimate earnings of FIBK to grow at a rate of 4.99 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FIBK is 3.37.
In the trailing 52-weeks, FIBK hit 45.35 at the highest peak, while it's lowest trading point was 28.57. The current market price is above the trailing year's low by 28.98 percent, 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 market cap of FIBK is $2.06 billion. FIBK will post this quarters earnings in days, on 0000-00-00.