International Bancshares Corporation (NASDAQ: IBOC) is 2.24% higher on its value in year-to-date trading and has touched a low of $38.00 and a high of $46.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IBOC stock was last observed hovering at around $42.92 in the last trading session, with the day’s gains setting it 0.42% off its average median price target of $22.00 for the next 12 months. It is also -97.0% off the consensus price target high of $22.00 offered by 1 analysts, but current levels are -97.0% lower than the price target low of $22.00 for the same period.
Currently trading at $43.34, the stock is 6.42% and 6.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.98% at the moment leaves the stock 3.02% off its SMA200. IBOC registered 11.82% gain for a year compared to 6-month loss of -1.72%.
The stock witnessed a 4.99% gain in the last 1 month and extending the period to 3 months gives it a 7.95%, and is 4.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.40% over the month.
International Bancshares Corporation (IBOC) has around 2101 employees, a market worth around $2.73B and $396.70M in sales. Current P/E ratio is 10.73. Profit margin for the company is 64.70%. Distance from 52-week low is 14.05% and -7.14% from its 52-week high. The company has generated returns on investments over the last 12 months (12.10%).
International Bancshares Corporation (IBOC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for International Bancshares Corporation (IBOC) is a “Hold”. 1 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
International Bancshares Corporation is expected to release its quarterly report on 11/03/2022.The EPS is expected to grow by 52.60% this year.
International Bancshares Corporation (IBOC) Top Institutional Holders
The shares outstanding are 63.35M, and float is at 53.92M with Short Float at 1.82%.
International Bancshares Corporation (IBOC) Insider Activity
A total of 4 insider transactions have happened at International Bancshares Corporation (IBOC) in the last six months, with sales accounting for 1 and purchases happening 3 times.
International Bancshares Corporation (IBOC): Who are the competitors?
The company’s main competitors (and peers) include Independent Bank Group Inc. (IBTX) that is trading 4.34% up over the past 12 months and BOK Financial Corporation (BOKF) that is 2.64% higher over the same period. Prosperity Bancshares Inc. (PB) is 7.37% up on the 1-year trading charts.