First Interstate BancSystem Inc (NASDAQ:FIBK) currently has a daily average trading volume of 723.63K but it saw 860127 shares traded in last market. With a market cap of 2.77B USD, the company’s current market price of $27.71 came rising about 3.32 while comparing to the previous closing price of $26.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.77 and as low as $22.95. In the recent trading on the day, stock has struck highest price mark of $27.5 while lowest mark touched by it was $28.055.
Taking a look at 20-day trading activity of First Interstate BancSystem Inc (FIBK) gives us an average price of $26.47, while its current price level is -24.64% below from 52-week high level whereas it is 20.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.63 while that of 200 days or SMA-200 reads an average of $30.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.38% during that period while stretching the period over a month that increases to 4.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.48 which implies that the stock is in neutral territory.
DA Davidson upgraded its recommendation for the stock as a “Buy” from “Neutral” on November 26, 2024 while assigning a price target range of $32-$42. Barclays issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $32 and $30.
Over the week, FIBK’s stock price is moving 7.44% up while it is -5.78% when we observe its performance for the past one month. Year-to-date it is -14.66% down and over the past year, the stock is showing an upside performance of 8.24%.
The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 0.56 while estimate for next year EPS is 2.45. In next quarter, company is expected to be making quarterly sales of $260.08M as analysts are expecting the sales for current fiscal year at $1.05B and seeing the company making $1.12B in sales next year. Moreover, analysts are in estimates of $254.59M for current-quarter revenue.
Currently, First Interstate BancSystem Inc’s total number of outstanding shares is 104.59M with 16.05% of that held by the insiders while 83.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.28% and return on equity (ROE) at 6.92%. It has a price to earnings ratio (P/E ratio) of 12.65 while having a 10.28 of forward P/E ratio. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 1.87. Its return on asset (ROA) is 0.76% on average.
