Deep Dive Into First Interstate BancSys Stock: Analyst Perspectives (10 Ratings)

First Interstate BancSys FIBK has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $33.6, a high estimate of $42.00, and a low estimate of $28.00. This upward trend is evident, with the current average reflecting a 4.64% increase from the previous average price target of $32.11.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of First Interstate BancSys among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Interstate BancSys. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of First Interstate BancSys compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of First Interstate BancSys's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of First Interstate BancSys's market position. Stay informed and make well-informed 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.

First Interstate BancSys: A Financial Overview

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Decline in Revenue: Over the 3 months period, First Interstate BancSys faced challenges, resulting in a decline of approximately -1.49% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: First Interstate BancSys's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 22.03%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): First Interstate BancSys's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.68%, the company may face hurdles in generating optimal 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 stands notably higher than the industry average, reaching 0.71. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.