The stock of First Interstate BancSystem Inc (NASDAQ: FIBK) has increased by 1.95 when compared to last closing price of 32.86. Despite this, the company has experienced a 2.70% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-30 that First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q4 2024 Earnings Conference Call January 30, 2025 11:00 AM ET Company Participants Nancy Vermeulen – Financial Communications & Analyst Manager Jim Reuter – CEO Marcy Mutch – CFO David Della Camera – Deputy CFO Conference Call Participants Matthew Clark – Piper Sandler Jeff Rulis – D.A. Davidson Andrew Terrell – Stephens, Inc. Chris McGratty – KBW Samuel Varga – UBS Timur Braziler – Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to the First Interstate BancSystem Inc. Fourth Quarter Earnings Conference Call.
Is It Worth Investing in First Interstate BancSystem Inc (NASDAQ: FIBK) Right Now?
First Interstate BancSystem Inc (NASDAQ: FIBK) has a higher price-to-earnings ratio of 15.29x compared to its average ratio, The 36-month beta value for FIBK is at 0.83. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for FIBK is 90.03M, and currently, shorts hold a 2.94% of that float. The average trading volume for FIBK on January 31, 2025 was 639.38K shares.
FIBK’s Market Performance
FIBK’s stock has seen a 2.70% increase for the week, with a 3.43% rise in the past month and a 5.51% gain in the past quarter. The volatility ratio for the week is 2.76%, and the volatility levels for the past 30 days are at 2.60% for First Interstate BancSystem Inc The simple moving average for the last 20 days is 3.77% for FIBK stock, with a simple moving average of 11.37% for the last 200 days.
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 0.97% 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 -8.89% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares surge +3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.66% upper at present.
During the last 5 trading sessions, FIBK rose by +2.70%, which changed the moving average for the period of 200-days by +34.86% in comparison to the 20-day moving average, which settled at $32.28. In addition, First Interstate BancSystem Inc saw 3.17% 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:
- 0.25 for the present operating margin
- 0.75 for the gross margin
The net margin for First Interstate BancSystem Inc stands at 0.22. The total capital return value is set at 0.01. Equity return is now at value 6.92, with 0.76 for asset returns.
Based on First Interstate BancSystem Inc (FIBK), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 2.48. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 0.49.
When we switch over and look at the enterprise to sales, we see a ratio of 3.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
In conclusion, First Interstate BancSystem Inc (FIBK) 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.
