Industrias Bachoco, S.A.B. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in Mexico, and a production complex in the United States. Bachoco operates through two segments: poultry and others. The poultry segment consists of chicken and egg operations. The others segment includes the operations of pigs, balanced feed for animal consumption and other by-products. The Company participates in the food industry in Mexico and in the United States, mainly in the poultry industry. In Mexico, the Company's core business is poultry (chicken and egg products). It also produces and sells a range of other products, which it refers to as other business lines, which include the production and selling of balanced feed, live swine, beef and turkey products, as well as a laboratory that produces vaccines for the poultry industry and other similar industries.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Farm Products
- Sub-Industry: N/A
- Symbol: NYSE:IBA
- CUSIP: N/A
- Web: www.bachoco.com.mx
- Market Cap: $2.78 billion
- Outstanding Shares: 50,000,000
- 50 Day Moving Avg: $54.02
- 200 Day Moving Avg: $50.10
- 52 Week Range: $45.32 - $56.10
Sales & Book Value:
- Trailing P/E Ratio: 13.25
- Foreward P/E Ratio: 12.59
- P/E Growth: 0.00
- Annual Revenue: $2.81 billion
- Price / Sales: 0.99
- Book Value: $33.24 per share
- Price / Book: 1.67
- Annual Dividend: $0.83
- Dividend Yield: 1.5%
- EBIDTA: $306.83 million
- Net Margins: 7.62%
- Return on Equity: 13.05%
- Return on Assets: 9.16%
- Debt-to-Equity Ratio: 0.03%
- Current Ratio: 3.30%
- Quick Ratio: 2.53%
- Average Volume: 15,713 shs.
- Beta: 0.44
- Short Ratio: 7.93
Frequently Asked Questions for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
What is Industrias Bachoco, S.A.B. de C.V.'s stock symbol?
Industrias Bachoco, S.A.B. de C.V. trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBA."
How often does Industrias Bachoco, S.A.B. de C.V. pay dividends? What is the dividend yield for Industrias Bachoco, S.A.B. de C.V.?
Industrias Bachoco, S.A.B. de C.V. announced a semiannual dividend on Wednesday, May 3rd. Shareholders of record on Monday, May 15th will be given a dividend of $0.394 per share on Monday, May 22nd. This represents a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, May 11th. View Industrias Bachoco, S.A.B. de C.V.'s Dividend History.
How were Industrias Bachoco, S.A.B. de C.V.'s earnings last quarter?
Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) issued its quarterly earnings results on Thursday, July, 23rd. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.70 by $0.08. The business had revenue of $754.20 million for the quarter, compared to analyst estimates of $760 million. Industrias Bachoco, S.A.B. de C.V. had a return on equity of 13.05% and a net margin of 7.62%. View Industrias Bachoco, S.A.B. de C.V.'s Earnings History.
Who are some of Industrias Bachoco, S.A.B. de C.V.'s key competitors?
Some companies that are related to Industrias Bachoco, S.A.B. de C.V. include Post Holdings (POST), Coca-Cola Amatil Ltd (CCLAY), Tate & Lyle PLC (TATYY), Compania Cervecerias Unidas S.A. (CCU), Blue Buffalo Pet Products (BUFF), TreeHouse Foods (THS), Edgewell Personal Care Co (EPC), Flowers Foods (FLO), Hain Celestial Group (HAIN), Snyder's-Lance (LNCE), Tupperware Brands (TUP), Lancaster Colony Corp. (LANC), Energizer Holdings (ENR), John Wiley & Sons (JW.A), Nu Skin Enterprises (NUS), New York Times Co (NYT), Vector Group Ltd (VGR) and Sanderson Farms (SAFM).
How do I buy Industrias Bachoco, S.A.B. de C.V. stock?
Shares of Industrias Bachoco, S.A.B. de C.V. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Industrias Bachoco, S.A.B. de C.V. stock cost?
One share of Industrias Bachoco, S.A.B. de C.V. stock can currently be purchased for approximately $55.50.
Consensus Ratings for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
(Data available from 5/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/7/2016||HSBC Holdings plc||Reiterated Rating||Buy||N/A|
|10/7/2015||JPMorgan Chase & Co.||Lower Price Target||Neutral||$76.00 -> $63.00||N/A|
Earnings History for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)Earnings History by Quarter for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/23/2015||Q215||$1.70||$1.78||$760.00 million||$754.20 million||View||N/A|
|10/22/2014||Q3||$0.10||$1.87||$793.00 million||$791.00 million||View||N/A|
Earnings Estimates for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
Current Year EPS Consensus Estimate: $3.80 EPS
Next Year EPS Consensus Estimate: $4.41 EPS
Current Dividend Information for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
|Most Recent Dividend:||5/22/2017|
|Dividend Growth:||15.60% (3 Year Average)|
|Payout Ratio:||19.76% (Trailing 12 Months of Earnings) |
21.84% (Based on This Year's Estimates)
18.82% (Based on Next Year's Estimates)
Dividend History by Quarter for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
Latest Headlines for Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)
Industrias Bachoco, S.A.B. de C.V. (IBA) Chart for Wednesday, May, 24, 2017