Inter & Co Inc (NASDAQ: INTR) has a higher price-to-earnings ratio of 37.78x compared to its average ratio, The 36-month beta value for INTR is at 1.48. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for INTR is 204.15M, and currently, shorts hold a 0.42% of that float. The average trading volume for INTR on May 09, 2024 was 932.19K shares.
INTR) stock’s latest price update
The stock of Inter & Co Inc (NASDAQ: INTR) has increased by 5.31 when compared to last closing price of 5.46.Despite this, the company has seen a gain of 11.87% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-20 that Inter & Co delivered excellent results after its IPO in 2018, however the rise in interest rates harmed the company, which carried out a successful change in strategy. Over the last 12 months, the company has focused on more profitable businesses and reducing its costs. This caused its shares to rise more than 200%. Despite the improvement in results and a bold growth plan until 2027, the company’s valuation appears cheap compared to its peers and its own history.
INTR’s Market Performance
INTR’s stock has risen by 11.87% in the past week, with a monthly drop of -0.35% and a quarterly rise of 4.74%. The volatility ratio for the week is 3.54% while the volatility levels for the last 30 days are 3.63% for Inter & Co Inc The simple moving average for the last 20 days is 10.21% for INTR’s stock, with a simple moving average of 16.93% for the last 200 days.
Analysts’ Opinion of INTR
Many brokerage firms have already submitted their reports for INTR stocks, with Citigroup repeating the rating for INTR by listing it as a “Neutral.” The predicted price for INTR in the upcoming period, according to Citigroup is $6 based on the research report published on February 16, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see INTR reach a price target of $5.30, previously predicting the price at $2. The rating they have provided for INTR stocks is “Buy” according to the report published on August 16th, 2023.
JP Morgan gave a rating of “Neutral” to INTR, setting the target price at $3 in the report published on June 29th of the previous year.
INTR Trading at 1.82% from the 50-Day Moving Average
After a stumble in the market that brought INTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.71% of loss for the given period.
Volatility was left at 3.63%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares surge +2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.70% upper at present.
During the last 5 trading sessions, INTR rose by +11.67%, which changed the moving average for the period of 200-days by +51.85% in comparison to the 20-day moving average, which settled at $5.22. In addition, Inter & Co Inc saw 3.42% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for INTR
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.97 for the gross margin
The net margin for Inter & Co Inc stands at 0.06. The total capital return value is set at 0.03. Equity return is now at value 4.28, with 0.58 for asset returns.
Based on Inter & Co Inc (INTR), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 2.37. The interest coverage ratio of the stock is 0.37.
Currently, EBITDA for the company is -81.96 million with net debt to EBITDA at 11.89. When we switch over and look at the enterprise to sales, we see a ratio of 4.16. The receivables turnover for the company is 6.73for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
In conclusion, Inter & Co Inc (INTR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
