Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $7.05, but opened at $6.80. Inter & Co. Inc. shares last traded at $6.87, with a volume of 461,098 shares.
Analysts Set New Price Targets
Separately, Morgan Stanley decreased their target price on Inter & Co. Inc. from $4.50 to $4.00 and set an "underweight" rating for the company in a research report on Monday, March 17th.
Get Our Latest Stock Analysis on INTR
Inter & Co. Inc. Trading Down 1.3%
The company has a market cap of $3.01 billion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 0.36 and a beta of 1.13. The firm has a 50-day moving average price of $7.10 and a 200 day moving average price of $5.94. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.04.
Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $323.40 million during the quarter, compared to analyst estimates of $1.89 billion. Inter & Co. Inc. had a return on equity of 10.88% and a net margin of 11.87%. As a group, sell-side analysts forecast that Inter & Co. Inc. will post 0.48 EPS for the current year.
Institutional Investors Weigh In On Inter & Co. Inc.
Several large investors have recently added to or reduced their stakes in INTR. US Bancorp DE increased its position in Inter & Co. Inc. by 6,054.6% in the fourth quarter. US Bancorp DE now owns 5,970 shares of the company's stock worth $25,000 after buying an additional 5,873 shares during the period. Summit Securities Group LLC increased its position in Inter & Co. Inc. by 1,375.1% in the first quarter. Summit Securities Group LLC now owns 9,072 shares of the company's stock worth $50,000 after buying an additional 8,457 shares during the period. Skandinaviska Enskilda Banken AB publ increased its position in Inter & Co. Inc. by 78.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company's stock worth $52,000 after buying an additional 5,500 shares during the period. D. E. Shaw & Co. Inc. acquired a new stake in Inter & Co. Inc. in the fourth quarter worth $60,000. Finally, Prudential PLC increased its position in Inter & Co. Inc. by 27.0% in the fourth quarter. Prudential PLC now owns 18,539 shares of the company's stock worth $78,000 after buying an additional 3,937 shares during the period. 22.90% of the stock is owned by institutional investors and hedge funds.
Inter & Co. Inc. Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Inter & Co. Inc., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Inter & Co. Inc. wasn't on the list.
While Inter & Co. Inc. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
