Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) announced its earnings results on Monday. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01), Zacks reports. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.06%.
Inter & Co, Inc. Price Performance
Shares of NASDAQ:INTR opened at $7.14 on Monday. The company's fifty day moving average is $5.84 and its two-hundred day moving average is $5.37. The company has a market cap of $3.14 billion, a P/E ratio of 18.31 and a beta of 1.18. Inter & Co, Inc. has a 12-month low of $3.88 and a 12-month high of $7.84. The company has a quick ratio of 0.87, a current ratio of 0.85 and a debt-to-equity ratio of 0.01.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on INTR. JPMorgan Chase & Co. lowered their price objective on shares of Inter & Co, Inc. from $7.20 to $7.10 and set an "overweight" rating on the stock in a research note on Friday, January 24th. Morgan Stanley decreased their price target on shares of Inter & Co, Inc. from $4.50 to $4.00 and set an "underweight" rating on the stock in a research report on Monday, March 17th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $6.78.
Check Out Our Latest Report on Inter & Co, Inc.
About Inter & Co, Inc.
(
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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.
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