The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, First Interstate BancSystem Inc (NASDAQ: FIBK) closed at $25.97 down -1.93% from its previous closing price of $26.48. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
For a deeper understanding of First Interstate BancSystem Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 26, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $32 to $42.
Barclays Downgraded its Equal Weight to Underweight on October 31, 2024, whereas the target price for the stock was revised from $32 to $30.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 26 ’25 when HEYNEMAN JOHN M JR sold 250 shares for $30.52 per share. The transaction valued at 7,630 led to the insider holds 1,414,636 shares of the business.
QUINN T HEYNEMAN bought 250 shares of FIBK for $7,631 on Feb 26 ’25. On Feb 14 ’25, another insider, HEYNEMAN JOHN M JR, who serves as the Director of the company, sold 1,335 shares for $32.56 each. As a result, the insider received 43,468 and left with 1,414,886 shares of the company.
Valuation Measures:
As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.31, and their Forward P/E ratio for the next fiscal year is 9.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 0.81.
Stock Price History:
Over the past 52 weeks, FIBK has reached a high of $36.77, while it has fallen to a 52-week low of $22.95. The 50-Day Moving Average of the stock is -3.19%, while the 200-Day Moving Average is calculated to be -14.24%.
Shares Statistics:
A total of 104.91M shares are outstanding, with a floating share count of 90.21M. Insiders hold about 13.99% of the company’s shares, while institutions hold 82.52% stake in the company.
