First Interstate BancSystem Inc (NASDAQ: FIBK) is -19.90% lower on its value in year-to-date trading and has touched a low of $23.42 and a high of $36.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIBK stock was last observed hovering at around $23.86 in the last trading session, with the day’s gains setting it 2.15%.
Currently trading at $26.01, the stock is -6.69% and -12.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 9.01% at the moment leaves the stock -15.65% off its SMA200. FIBK registered -1.22% loss for a year compared to 6-month loss of -11.80%. The firm has a 50-day simple moving average (SMA 50) of $29.8866 and a 200-day simple moving average (SMA200) of $30.836.
The stock witnessed a -6.34% gain in the last 1 month and extending the period to 3 months gives it a -17.98%, and is -9.44% down 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 9.43% over the week and 4.05% over the month.
First Interstate BancSystem Inc (FIBK) has around 3481 employees, a market worth around $2.72B and $1.48B in sales. Current P/E ratio is 11.88 and Fwd P/E is 9.65. Profit margin for the company is 15.31%. Distance from 52-week low is 11.06% and -29.26% from its 52-week high. The company has generated returns on investments over the last 12 months (6.28%).
with sales reaching $254.24M over the same period.The EPS is expected to grow by 11.81% this year, but quarterly earnings will post 5.08% year-over-year. Quarterly sales are estimated to grow 4.97% in year-over-year returns.
320.0 institutions hold shares in First Interstate BancSystem Inc (FIBK), with institutional investors hold 95.76% of the company’s shares. The shares outstanding are 104.59M, and float is at 89.96M with Short Float at 3.03%. Institutions hold 82.40% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.96 million shares valued at $248.81 million. The investor’s holdings represent 8.7117 of the FIBK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.6 million shares valued at $211.01 million to account for 7.3818 of the shares outstanding. The other top investors are FMR LLC which holds 6.99 million shares representing 6.7922 and valued at over $194.16 million, while FRANKLIN RESOURCES INC holds 5.5509 of the shares totaling 5.71 million with a market value of $158.68 million.
First Interstate BancSystem Inc (FIBK) Insider Activity
The most recent transaction is an insider sale by HEYNEMAN JOHN M JR, the company’s Director. SEC filings show that HEYNEMAN JOHN M JR sold 250 shares of the company’s common stock on Feb 26 ’25 at a price of $30.52 per share for a total of $7630.0. Following the sale, the insider now owns 1.41 million shares.
Still, SEC filings show that on Feb 14 ’25, HEYNEMAN JOHN M JR (Director) disposed off 1,335 shares at an average price of $32.56 for $43468.0. The insider now directly holds 1,414,886 shares of First Interstate BancSystem Inc (FIBK).
