NYSE:IBA - Industrias Bachoco Stock Price, Forecast & News

Industrias Bachoco's stock was trading at $36.4995 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IBA shares have decreased by 6.5% and is now trading at $34.11. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Industrias Bachoco in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Industrias Bachoco.

Industrias Bachoco is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Industrias Bachoco.

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) posted its earnings results on Tuesday, February, 4th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.41. The firm had revenue of $801.40 million for the quarter, compared to the consensus estimate of $800.43 million. Industrias Bachoco had a net margin of 5.10% and a return on equity of 7.96%. View Industrias Bachoco's earnings history.

Industrias Bachoco declared a semiannual dividend on Tuesday, April 30th. Investors of record on Monday, May 13th will be paid a dividend of $0.442 per share on Friday, May 24th. This represents a dividend yield of 1.8%. The ex-dividend date is Friday, May 10th. This is a positive change from Industrias Bachoco's previous semiannual dividend of $0.44. View Industrias Bachoco's dividend history.

Media headlines about IBA stock have trended negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Industrias Bachoco earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutIndustrias Bachoco.

Industrias Bachoco saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,300 shares, an increase of 30.3% from the February 27th total of 3,300 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company's stock are sold short. View Industrias Bachoco's Current Options Chain.

Some companies that are related to Industrias Bachoco include PADDY PWR BETFA/ADR (PDYPY), TSINGTAO BREWER/S (TSGTY), Service Co. International (SCI), Newell Brands (NWL), REMY COINTREAU/ADR (REMYY), Post (POST), New York Times (NYT), Aramark (ARMK), Ingredion (INGR), Coty (COTY), Square Enix (SQNXF), Pilgrim's Pride (PPC), Beyond Meat (BYND), San Miguel (SMGBY) and 51job (JOBS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrias Bachoco investors own include Gilead Sciences (GILD), PepsiCo (PEP), AbbVie (ABBV), Anthem (ANTM), Franklin Resources (BEN), Consolidated Edison (ED), General Motors (GM), Harley-Davidson (HOG), IBM (IBM) and Las Vegas Sands (LVS).

Industrias Bachoco trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBA."

Industrias Bachoco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.28%), Sarasin & Partners LLP (0.36%), Royce & Associates LP (0.24%), Everett Harris & Co. CA (0.22%), US Bancorp DE (0.20%) and First Wilshire Securities Management Inc. (0.12%).

IBA stock was sold by a variety of institutional investors in the last quarter, including Sarasin & Partners LLP, US Bancorp DE, Oxford Asset Management LLP, Bank of America Corp DE, First Wilshire Securities Management Inc., and UBS Group AG.

IBA stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Legato Capital Management LLC, Renaissance Technologies LLC, Everett Harris & Co. CA, and Total Clarity Wealth Management Inc..

Shares of IBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IBA stock can currently be purchased for approximately $34.11.

Industrias Bachoco has a market capitalization of $1.71 billion and generates $3.26 billion in revenue each year. The company earns $166.90 million in net income (profit) each year or $3.34 on an earnings per share basis. Industrias Bachoco employs 27,257 workers across the globe. View additional information about Industrias Bachoco.

The official website for Industrias Bachoco is http://www.bachoco.com.mx/.

Industrias Bachoco's mailing address is AVENIDA TECNOLOGICO 401 CIUDAD INDUSTRIAL, CELAYA O5, 38010. The company can be reached via phone at 52-46-1618-3555 or via email at [email protected]