Inter & Co. Inc. (NASDAQ:INTR) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Inter & Co. has a consensus analyst rating of “Moderate Buy”, with five analysts covering the stock: three rate it a buy and two a hold. The average 12-month price target is about $10.23.
• The company reported Q1 EPS of $0.17, matching expectations, but revenue came in below estimates at $437.96 million versus $495.33 million expected. Analysts now forecast full-year earnings of $0.77 per share.
• Inter & Co. recently outlined a new long-term strategy centered on the “Rule of 50”, emphasizing a balance between growth and profitability as its digital banking and commerce platform scales. Some commentators also noted the stock may be oversold after a recent pullback, while major brokers have trimmed price targets but kept bullish ratings.

Shares of Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the five analysts that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $10.2250.

INTR has been the subject of several analyst reports. Weiss Ratings restated a "hold (c+)" rating on shares of Inter & Co. Inc. in a report on Friday, March 27th. Wall Street Zen raised shares of Inter & Co. Inc. from a "hold" rating to a "buy" rating in a research report on Saturday. The Goldman Sachs Group lowered their target price on Inter & Co. Inc. from $13.00 to $11.50 and set a "buy" rating for the company in a research note on Friday. JPMorgan Chase & Co. lowered their price target on shares of Inter & Co. Inc. from $11.00 to $9.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, UBS Group set a $10.40 price target on shares of Inter & Co. Inc. in a report on Tuesday.

Inter & Co. Inc. Price Performance

INTR stock traded up $0.33 during trading hours on Tuesday, hitting $6.33. 8,484,083 shares of the stock traded hands, compared to its average volume of 3,601,732. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.07. Inter & Co. Inc. has a one year low of $5.91 and a one year high of $10.36. The company has a market cap of $2.79 billion, a P/E ratio of 10.57, a P/E/G ratio of 0.27 and a beta of 1.02. The stock has a 50-day simple moving average of $8.02 and a 200 day simple moving average of $8.57.

Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. Inter & Co. Inc. had a net margin of 12.24% and a return on equity of 14.34%. The firm had revenue of $437.96 million during the quarter, compared to analyst estimates of $495.33 million. Equities analysts forecast that Inter & Co. Inc. will post 0.77 earnings per share for the current year.

Inter & Co. Inc. Increases Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, March 5th. Shareholders of record on Sunday, February 22nd were issued a dividend of $0.1131 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a yield of 122.0%. This is a boost from Inter & Co. Inc.'s previous annual dividend of $0.08. Inter & Co. Inc.'s dividend payout ratio (DPR) is presently 18.33%.

Inter & Co. Inc. News Roundup

Here are the key news stories impacting Inter & Co. Inc. this week:

• Positive Sentiment: Inter & Co. announced a new long-term strategy built around the “Rule of 50,” signaling a stronger focus on balancing growth and profitability over the next three years. The company said this framework will guide execution as its digital banking and commerce platform continues to scale. Inter Sets the Rule of 50 as the Company's North Star
• Positive Sentiment: Several market commentators highlighted that INTR may be oversold after a recent pullback, suggesting the selling pressure could be fading and that the stock could rebound if earnings-estimate momentum continues. Down 21% in 4 Weeks, Here's Why You Should You Buy the Dip in Inter & Co. Inc. (INTR)
• Neutral Sentiment: JPMorgan lowered its price target on Inter & Co. from $11 to $9, but kept an “overweight” rating, which still implies upside from current levels even as the bank trimmed its expectations. Benzinga report on JPMorgan price target cut
• Neutral Sentiment: Goldman Sachs also reduced its price target on INTR, reflecting more cautious valuation assumptions rather than a full bearish call. Goldman Sachs Group Cuts Inter & Co. Inc. Price Target to $11.50
• Neutral Sentiment: Short-interest data showed no meaningful short position update, so it does not appear to be a major driver of the stock move. Inter & Co. sets ‘rule of 50' target as digital bank pushes growth, ROE gains

Hedge Funds Weigh In On Inter & Co. Inc.

Institutional investors and hedge funds have recently made changes to their positions in the company. WCM Investment Management LLC boosted its holdings in shares of Inter & Co. Inc. by 21.3% in the third quarter. WCM Investment Management LLC now owns 10,586,349 shares of the company's stock valued at $98,135,000 after buying an additional 1,862,169 shares during the period. William Blair Investment Management LLC boosted its holdings in shares of Inter & Co. Inc. by 108.9% in the third quarter. William Blair Investment Management LLC now owns 3,484,335 shares of the company's stock valued at $32,160,000 after buying an additional 1,816,322 shares during the period. Tredje AP fonden acquired a new position in shares of Inter & Co. Inc. in the third quarter valued at approximately $12,372,000. WIM INVESTMENT MANAGEMENT Ltd acquired a new position in Inter & Co. Inc. in the 3rd quarter worth $9,058,000. Finally, JPMorgan Chase & Co. boosted its stake in Inter & Co. Inc. by 71,120.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,123,143 shares of the company's stock worth $10,367,000 after purchasing an additional 1,121,566 shares during the period. Institutional investors and hedge funds own 22.90% of the company's stock.

Inter & Co. Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application. The Securities segment is involved in the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market, and the provision of administration services to investment funds.

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