Intercorp Financial Services Inc (NYSE: IFS) closed the day trading at $27.30 down -5.50% from the previous closing price of $28.89. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 826038 shares were traded.
Ratios:
For a better understanding of IFS, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 0.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on October 16, 2023, initiated with a Buy rating and assigned the stock a target price of $34.90.
On June 01, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $27.
Scotiabank Upgraded its Sector Perform to Sector Outperform on December 15, 2022, whereas the target price for the stock was revised from $31 to $32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 20 when INTERCORP PERU LTD bought 321,466 shares for $20.00 per share. The transaction valued at 6,429,325 led to the insider holds 816,166 shares of the business.
INTERCORP PERU LTD bought 482,199 shares of IFS for $9,643,987 on Nov 09. The 10% Owner now owns 494,699 shares after completing the transaction at $20.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IFS now has a Market Capitalization of 3.43B. As of this moment, Intercorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.97, and their Forward P/E ratio for the next fiscal year is 6.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.17.
Stock Price History:
Over the past 52 weeks, IFS has reached a high of $30.59, while it has fallen to a 52-week low of $17.94. The 50-Day Moving Average of the stock is 23.71, while the 200-Day Moving Average is calculated to be 22.55.
Shares Statistics:
Over the past 3-months, IFS traded about 79.41K shares per day on average, while over the past 10 days, IFS traded about 276.69k shares per day. A total of 115.42M shares are outstanding, with a floating share count of 33.92M. Insiders hold about 70.62% of the company’s shares, while institutions hold 15.60% stake in the company. Shares short for IFS as of Feb 15, 2024 were 71.64k with a Short Ratio of 0.90, compared to 74.06k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.06% and a Short% of Float of 0.22%.
Dividends & Splits
IFS’s forward annual dividend rate is 1.18, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.08%. The current Payout Ratio is 31.46% for IFS, which recently paid a dividend on May 08, 2023 with an ex-dividend date of Apr 27, 2023. Stock splits for the company last occurred on May 06, 2009 when the company split stock in a 16:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of $0.57 for the current quarter, with a high estimate of $0.57 and a low estimate of $0.57, while EPS last year was $0.6. The consensus estimate for the next quarter is $0.69, with high estimates of $0.69 and low estimates of $0.69.
Analysts are recommending an EPS of between $3.38 and $2.94 for the fiscal current year, implying an average EPS of $3.16. EPS for the following year is $4.16, with 2 analysts recommending between $4.44 and $3.88.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for IFS’s current fiscal year. The highest revenue estimate was $1.55B, while the lowest revenue estimate was $1.39B, resulting in an average revenue estimate of $1.47B. In the same quarter a year ago, actual revenue was $1.91B, down -23.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.42B in the next fiscal year. The high estimate is $1.42B and the low estimate is $1.42B. The average revenue growth estimate for next year is down -3.10% from the average revenue estimate for this year.
