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 highest price target was 45, which equates to a potential upside of 22.12 percent. The lowest price target was 41, implying potential capital losses of 11.26 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0.91 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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. It's possible to gain additional insight about growth valuation of a company by looking at the 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. 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. 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 18.74 percent below the high. 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.