What Independent Bank (IBTX) Investors Need to Know

By Blake Campbell • Tuesday, April 25 12:19 • Permanent Link

Independent Bank sank -5.2% today, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Independent Bank has moved -41.0% over the last year, and the S&P 500 logged a change of -0.9%
IBTX has an average analyst rating of buy and is -32.92% away from its mean target price of $57.92 per share
Its trailing earnings per share (EPS) is $4.69
Independent Bank has a trailing 12 month Price to Earnings (P/E) ratio of 8.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $4.81 and its forward P/E ratio is 8.1
The company has a Price to Book (P/B) ratio of 0.7 in contrast to the S&P 500's average ratio of 2.95
Independent Bank is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States.

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.