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NYSE: IBA
Industrias Bachoco Sab De Cv Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for IBA

Based on 1 analyst offering 12 month price targets for Industrias Bachoco Sab De Cv.
Min Forecast
$56.00-5.79%
Avg Forecast
$56.00-5.79%
Max Forecast
$56.00-5.79%

Should I buy or sell IBA stock?

Based on 1 analyst offering ratings for Industrias Bachoco Sab De Cv.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their IBA stock forecasts and price targets.

IBA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 49%
52
HoldDowngrades$56.00-5.79%2023-02-22

1 of 1

Forecast return on equity

Is IBA forecast to generate an efficient return?
Company
153.36%
Industry
16.8%
Market
51.58%
IBA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is IBA forecast to generate an efficient return on assets?
Company
111.11%
Industry
8.91%
IBA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

IBA earnings per share forecast

What is IBA's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$5.77+16.64%
Avg 2 year Forecast
$5.99+21.08%
IBA's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

IBA revenue forecast

What is IBA's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$5.1B+26.99%
Avg 2 year Forecast
$5.2B+30.09%
IBA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IBA earnings growth forecast

How is IBA forecast to perform vs Farm Products companies and vs the US market?
Company
16.07%
Industry
-7.5%
Market
78.57%
IBA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
IBA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
IBA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

IBA revenue growth forecast

How is IBA forecast to perform vs Farm Products companies and vs the US market?
Company
26.37%
Industry
-2.07%
Market
25.81%
IBA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IBA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IBA vs Farm Stocks

TickerPricePrice TargetUp/downsideConsensus
IBA$59.44$56.00-5.79%Hold
CALM$53.93N/AN/AStrong Buy
FDP$29.47N/AN/A
DOLE$11.53$14.67+27.21%Strong Buy
AGRO$7.65$9.33+22.00%Hold
View Top Farm Stocks

Industrias Bachoco Sab De Cv Stock Forecast FAQ

Is Industrias Bachoco Sab De Cv Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: IBA) stock is to Hold IBA stock.

Out of 1 analyst, 0 (0%) are recommending IBA as a Strong Buy, 0 (0%) are recommending IBA as a Buy, 1 (100%) are recommending IBA as a Hold, 0 (0%) are recommending IBA as a Sell, and 0 (0%) are recommending IBA as a Strong Sell.

If you're new to stock investing, here's how to buy Industrias Bachoco Sab De Cv stock.

What is IBA's earnings growth forecast for 2023-2024?

(NYSE: IBA) Industrias Bachoco Sab De Cv's forecast annual earnings growth rate of 16.07% is forecast to beat the US Farm Products industry's average forecast earnings growth rate of -7.5%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Industrias Bachoco Sab De Cv's earnings in 2023 is $248,311,470.On average, 1 Wall Street analyst forecast IBA's earnings for 2023 to be $3,462,000,000, with the lowest IBA earnings forecast at $3,462,000,000, and the highest IBA earnings forecast at $3,462,000,000.

In 2024, IBA is forecast to generate $3,594,000,000 in earnings, with the lowest earnings forecast at $3,594,000,000 and the highest earnings forecast at $3,594,000,000.

What is IBA's revenue growth forecast for 2023-2024?

(NYSE: IBA) Industrias Bachoco Sab De Cv's forecast annual revenue growth rate of 26.37% is forecast to beat the US Farm Products industry's average forecast revenue growth rate of -2.07%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Industrias Bachoco Sab De Cv's revenue in 2023 is $4,004,856,274.On average, 1 Wall Street analysts forecast IBA's revenue for 2023 to be $3,036,540,000,000, with the lowest IBA revenue forecast at $3,036,540,000,000, and the highest IBA revenue forecast at $3,036,540,000,000.

In 2024, IBA is forecast to generate $3,110,688,000,000 in revenue, with the lowest revenue forecast at $3,110,688,000,000 and the highest revenue forecast at $3,110,688,000,000.

What is IBA's forecast return on assets (ROA) for 2023-2024?

(NYSE: IBA) forecast ROA is 111.11%, which is higher than the forecast US Farm Products industry average of 8.91%.

What is IBA's Price Target?

According to 1 Wall Street analyst that have issued a 1 year IBA price target, the average IBA price target is $56.00, with the highest IBA stock price forecast at $56.00 and the lowest IBA stock price forecast at $56.00.

The Wall Street analyst predicted that Industrias Bachoco Sab De Cv's share price could fall to $56.00 by Feb 22, 2024. The average Industrias Bachoco Sab De Cv stock price prediction forecasts a potential downside of 5.79% from the current IBA share price of $59.44.

What is IBA's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: IBA) Industrias Bachoco Sab De Cv's current Earnings Per Share (EPS) is $4.97. On average, analysts forecast that IBA's EPS will be $5.77 for 2023, with the lowest EPS forecast at $5.77, and the highest EPS forecast at $5.77. In 2024, IBA's EPS is forecast to hit $5.99 (min: $5.99, max: $5.99).

What is IBA's forecast return on equity (ROE) for 2023-2024?

(NYSE: IBA) forecast ROE is 153.36%, which is considered strong.
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