6 analysts have shared their evaluations of First Interstate BancSys (NASDAQ:FIBK) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 1 | 2 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 1 | 0 |
| 2M Ago | 0 | 1 | 1 | 1 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for First Interstate BancSys, revealing an average target of $34.0, a high estimate of $42.00, and a low estimate of $28.00. Surpassing the previous average price target of $33.17, the current average has increased by 2.5%.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive First Interstate BancSys is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jeff Rulis | DA Davidson | Raises | Buy | $42.00 | $32.00 |
| Jared Shaw | Barclays | Lowers | Underweight | $30.00 | $32.00 |
| Matthew Clark | Piper Sandler | Lowers | Overweight | $36.00 | $38.00 |
| Andrew Terrell | Stephens & Co. | Maintains | Overweight | $36.00 | $36.00 |
| Timur Braziler | Wells Fargo | Lowers | Underweight | $28.00 | $30.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $32.00 | $31.00 |
Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to First Interstate BancSys. This offers insight into analysts' perspectives on the current state of the company. Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Interstate BancSys compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of First Interstate BancSys's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into First Interstate BancSys's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on First Interstate BancSys analyst ratings.
Get to Know First Interstate BancSys Better
First Interstate BancSystem Inc is a financial holding company. It is the parent company of First Interstate Bank, a community bank offering a range of internet, mobile, and other banking and financial services throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. It generates majority of income from interest charged on loans, and interest and dividends earned on investments.
Breaking Down First Interstate BancSys's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: First Interstate BancSys's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -1.49%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: First Interstate BancSys's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 22.03%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.68%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): First Interstate BancSys's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.19%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: First Interstate BancSys's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.71, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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Latest Ratings for FIBK
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Wells Fargo | Maintains | Overweight | |
| Oct 2021 | Wells Fargo | Upgrades | Equal-Weight | Overweight |
| May 2021 | Stephens & Co. | Downgrades | Overweight | Equal-Weight |
View More Analyst Ratings for FIBK
View the Latest Analyst Ratings
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