Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of First Interstate BancSystem Inc (NASDAQ: FIBK) was $30.34 for the day, down -0.43% from the previous closing price of $30.47. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.52 million shares were traded.
Ratios:
Our analysis of FIBK’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.56.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 13.85, and their Forward P/E ratio for the next fiscal year is 10.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 0.96.
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 $24.16. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -0.81%.
Shares Statistics:
A total of 104.59M shares are outstanding, with a floating share count of 90.03M. Insiders hold about 13.87% of the company’s shares, while institutions hold 80.82% stake in the company.
