Consider This Before Taking a Position in BanColombia (CIB)

With gains of 2.62%, BanColombia was one of the winners on Wall Street today. Its shares are now trading at $24.31 and have logged a -0.42% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

  • BanColombia has moved -44.48% over the last year, and the S&P 500 logged a change of -14.12%

  • CIB has an average analyst rating of buy and is -31.98% away from its mean target price of $35.74 per share

  • Its trailing earnings per share (EPS) is $5.89

  • BanColombia has a trailing 12 month Price to Earnings (P/E) ratio of 4.13 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $5.88 and its forward P/E ratio is 4.13

  • The company has a Price to Book (P/B) ratio of 0.823 in contrast to the S&P 500's average ratio of 2.95

  • BanColombia is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57

  • Bancolombia SA offers various banking products and services to individual and corporate clients in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica and Guatemala. The company is headquartered in Medelln, Colombia.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.