The stock of First Interstate BancSystem Inc (FIBK) has gone up by 6.58% for the week, with a -5.24% drop in the past month and a 0.12% rise in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are 3.02% for FIBK. The simple moving average for the last 20 days is 1.43% for FIBK stock, with a simple moving average of 9.23% for the last 200 days.
Is It Worth Investing in First Interstate BancSystem Inc (NASDAQ: FIBK) Right Now?
The price-to-earnings ratio for First Interstate BancSystem Inc (NASDAQ: FIBK) is above average at 14.27x. The 36-month beta value for FIBK is also noteworthy at 0.83. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for FIBK is 90.03M, and at present, short sellers hold a 2.78% of that float. The average trading volume of FIBK on January 20, 2025 was 654.94K shares.
FIBK) stock’s latest price update
First Interstate BancSystem Inc (NASDAQ: FIBK)’s stock price has increased by 0.03 compared to its previous closing price of 32.53. However, the company has seen a 6.58% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-11 that First Interstate: High Yield At A Great Price
Analysts’ Opinion of FIBK
DA Davidson, on the other hand, stated in their research note that they expect to see FIBK reach a price target of $42, previously predicting the price at $32. The rating they have provided for FIBK stocks is “Buy” according to the report published on November 26th, 2024.
Barclays gave a rating of “Underweight” to FIBK, setting the target price at $30 in the report published on October 31st of the previous year.
FIBK Trading at -2.01% from the 50-Day Moving Average
After a stumble in the market that brought FIBK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.50% of loss for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.98% upper at present.
During the last 5 trading sessions, FIBK rose by +6.58%, which changed the moving average for the period of 200-days by +27.21% in comparison to the 20-day moving average, which settled at $32.08. In addition, First Interstate BancSystem Inc saw 0.22% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FIBK starting from Scott James R. Jr, who sale 6,067 shares at the price of $34.50 back on Nov 22 ’24. After this action, Scott James R. Jr now owns 75,387 shares of First Interstate BancSystem Inc, valued at $209,312 using the latest closing price.
James R. Scott, Jr., the Affiliate of First Interstate BancSystem Inc, proposed sale 6,067 shares at $34.39 during a trade that took place back on Nov 22 ’24, which means that James R. Scott, Jr. is holding shares at $208,644 based on the most recent closing price.
Stock Fundamentals for FIBK
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.73 for the gross margin
The net margin for First Interstate BancSystem Inc stands at 0.23. The total capital return value is set at 0.02. Equity return is now at value 7.30, with 0.78 for asset returns.
Based on First Interstate BancSystem Inc (FIBK), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 0.64.
When we switch over and look at the enterprise to sales, we see a ratio of 4.96. The receivables turnover for the company is 8.06for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
In summary, First Interstate BancSystem Inc (FIBK) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
