Financial Services sector company Independent Bank posted a -0.9% performance today, while the S&P 500 returned -0.5%.
6 analysts are following Independent Bank and have set target prices ranging from $64 to $72 per share. On average, they have given the company a rating of buy. At today's prices, IBTX is trading -3.43% away from its average analyst target price of $66.5 per share.
Over the last year, IBTX shares have gone down by -16.2%, which represents a difference of -8.4% when compared to the S&P 500. The stock's 52 week high is $79.09 per share and its 52 week low is $56.22. With average free cash flows of $160,292,000.0 that have been growing at an average rate of 24.4% over the last three years, Independent Bank declining stock performance may not be reflective of the quality of its underlying business.
Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
---|---|---|---|---|
2021-12-31 | 277 | -71 | 206 | 54.76 |
2020-12-31 | 154 | -21 | 133 | -5.99 |
2019-12-31 | 173 | -32 | 142 | n/a |