INDUSTRIAS BACHOCO SAB SP AD (IBA) Forecast, Price Target & Analyst Ratings
NYSE:IBA • US4564631087
53 USD
-0.98 (-1.82%)
At close: Apr 21, 2023
57.96 USD
+4.96 (+9.36%)
After Hours: 4/21/2023, 8:04:00 PM
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
$55.47
+ 4.67% Upside
Next Earnings Forecast
Release DateJul 25, 2023
PeriodQ1 / 2023
EPS EstimateMX$30.68
Revenue Estimate25.75B
ChartMill Buy Consensus
81.82%
Weighted Analyst Rating Score
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.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
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.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-02-22 | JP Morgan | Downgrade | Overweight -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateJul 25, 2023
PeriodQ1 / 2023
EPS EstimateMX$30.68
Revenue Estimate25.75B
Revenue Q2Q5.68%
EPS Q2Q-94.23%
Number of Analysts4
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.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 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 | 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 | 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 | 6.03% | 6.06% | 7.01% | 8.88% | 7.53% | 7.62% | 7.79% | |
| EPS YoY % growth | 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
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%
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.
Can you provide the consensus estimates for INDUSTRIAS BACHOCO SAB SP AD 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.
What is the expected long term growth rate for INDUSTRIAS BACHOCO SAB SP AD (IBA)?
The expected long term growth rate for INDUSTRIAS BACHOCO SAB SP AD (IBA) is 9.99%.