INDUSTRIAS BACHOCO SAB SP AD (IBA) Forecast, Price Target & Analyst Ratings

NYSE:IBA • US4564631087

Current stock price

53 USD
-0.98 (-1.82%)
At close:
57.96 USD
+4.96 (+9.36%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INDUSTRIAS BACHOCO SAB SP AD (IBA).

Forecast Snapshot

Consensus Price Target

Price Target
$55.47
+ 4.67% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 25, 2023
Period
Q1 / 2023
EPS Estimate
MX$30.68
Revenue Estimate
25.75B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.82%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$55.47
Upside
+ 4.67%
From current price of $53.00 to mean target of $55.47, Based on 11 analyst forecasts
Low
$53.65
Median
$55.16
High
$58.77

Price Target Revisions

1 Month
-13.98%
3 Months
-9.74%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for IBA. The average price target is 55.47 USD. This implies a price increase of 4.67% is expected in the next year compared to the current price of 53.
The average price target has been revised downward by 9.74% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

IBA Current Analyst RatingIBA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

IBA Historical Analyst RatingsIBA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
81.82%
IBA was analyzed by 11 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about IBA.
In the previous month the buy percentage consensus was at a similar level.
IBA was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-02-22JP MorganDowngrade Overweight -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 25, 2023
Period
Q1 / 2023
EPS Estimate
MX$30.68
Revenue Estimate
25.75B
Revenue Q2Q
5.68%
EPS Q2Q
-94.23%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.10%

Next Earnings Summary

IBA is expected to report earnings on 7/25/2023. The consensus EPS estimate for the next earnings is 30.68 USD and the consensus revenue estimate is 25.75B USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
IBA revenue by date.IBA revenue by date.
61.655B
0.99%		68.792B
11.58%		81.699B
18.76%		103.52B
26.71%		105.95B
2.35%		110.667B
4.45%		115.63B
4.48%
EBITDA
YoY % growth
IBA ebitda by date.IBA ebitda by date.
5.307B
14.61%		6.213B
17.07%		7.533B
21.24%		11.026B
46.37%		9.86B
-10.58%		10.437B
5.85%		11.136B
6.70%
EBIT
YoY % growth
IBA ebit by date.IBA ebit by date.
3.718B
9.23%		4.17B
12.17%		5.726B
37.30%		9.188B
60.47%		7.975B
-13.20%		8.436B
5.78%		9.013B
6.84%
Operating Margin
IBA operating margin by date.IBA operating margin by date.
6.03%6.06%7.01%8.88%7.53%7.62%7.79%
EPS
YoY % growth
IBA eps by date.IBA eps by date.
63.19
-7.88%		74.00
17.11%		101.50
37.18%		137.59
35.55%		122.00
-11.33%		133.50
9.43%		138.58
3.80%

All data in MXN

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		30.68
-94.23%		42.56
-27.84%		31.18
60.22%		17.57
1,025.08%
Revenue
Q2Q % growth		25.75B
5.68%		28.284B
15.35%		26.327B
7.77%		25.589B
2.11%
EBITDA
Q2Q % growth		2.515B
-31.83%		3.385B
94.88%		2.437B
68.53%		1.609B
87.31%
EBIT
Q2Q % growth		2.119B
-32.56%		2.977B
124.34%		2.013B
71.03%		1.189B
182.93%

All data in MXN

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IBA Yearly Revenue VS EstimatesIBA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B
IBA Yearly EPS VS EstimatesIBA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
9.56%
EPS Next 5 Year
8.09%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.99%
Revenue Next 5 Year
8.58%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
17.79%
EBIT Next 5 Year
14.91%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

INDUSTRIAS BACHOCO SAB SP AD / IBA Forecast FAQ

What is the average price target for INDUSTRIAS BACHOCO SAB SP AD (IBA) stock?

11 analysts have analysed IBA and the average price target is 55.47 USD. This implies a price increase of 4.67% is expected in the next year compared to the current price of 53.

What is the next earnings date for IBA stock?

INDUSTRIAS BACHOCO SAB SP AD (IBA) will report earnings on 2023-07-25, after the market close.

What are the consensus estimates for IBA stock next earnings?

The consensus EPS estimate for the next earnings of INDUSTRIAS BACHOCO SAB SP AD (IBA) is 30.68 USD and the consensus revenue estimate is 25.75B USD.

How many analysts have analysed INDUSTRIAS BACHOCO SAB SP AD (IBA)?

The number of analysts covering INDUSTRIAS BACHOCO SAB SP AD (IBA) is 11.