The name Intercorp Financial Services Inc (IFS) should be kept on your radar

The closing price of Intercorp Financial Services Inc (NYSE: IFS) was $23.81 for the day, down -0.38% from the previous closing price of $23.90. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 315821 shares were traded.

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Ratios:

Our analysis of IFS’s different ratios will help us gain a deeper understanding of the company. 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:

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 Mar 26 ’24 when INTERCORP PERU LTD bought 437,369 shares for $19.60 per share. The transaction valued at 8,572,433 led to the insider holds 1,253,535 shares of the business.

INTERCORP PERU LTD bought 321,466 shares of IFS for $6,429,325 on Dec 20 ’23. The 10% Owner now owns 816,166 shares after completing the transaction at $20.00 per share. On Nov 09 ’23, another insider, INTERCORP PERU LTD, who serves as the 10% Owner of the company, bought 482,199 shares for $20.00 each. As a result, the insider paid 9,643,987 and bolstered with 494,699 shares of the company.

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 2.77B. As of this moment, Intercorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.57, and their Forward P/E ratio for the next fiscal year is 5.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.02.

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 25.96, while the 200-Day Moving Average is calculated to be 23.05.

Shares Statistics:

IFS traded an average of 99.04K shares per day over the past three months and 65.42k shares per day over the past ten days. 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 Mar 15, 2024 were 191.73k with a Short Ratio of 1.94, compared to 71.64k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.17% and a Short% of Float of 0.58%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.00, IFS has a forward annual dividend rate of 1.18. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.94%. 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

The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.6, while EPS last year was $0.6. The consensus estimate for the next quarter is $0.72, with high estimates of $0.72 and low estimates of $0.72.

Analysts are recommending an EPS of between $3.38 and $3.02 for the fiscal current year, implying an average EPS of $3.2. EPS for the following year is $4.22, with 2 analysts recommending between $4.56 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.

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