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Sell every Stock except ONE (Ad)
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Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
Sell every Stock except ONE (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:IBA

Industrias Bachoco (IBA) Stock Forecast, Price & News

$53.00
0.00 (0.00%)
(As of 05/8/2023)
Compare
Today's Range
$53.00
$53.00
50-Day Range
$53.00
$66.25
52-Week Range
$38.04
$66.25
Volume
N/A
Average Volume
N/A
Market Capitalization
$2.65 billion
P/E Ratio
8.62
Dividend Yield
0.87%
Price Target
$56.00

Industrias Bachoco MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.7% Upside
$56.00 Price Target
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.16mentions of Industrias Bachoco in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.57 out of 5 stars

Consumer Staples Sector

130th out of 138 stocks

Poultry Slaughtering & Processing Industry

3rd out of 4 stocks


IBA stock logo

About Industrias Bachoco (NYSE:IBA) Stock

Industrias Bachoco SAB de CV is a holding company, which engages breeding, processing, marketing poultry, such as chicken, eggs, balanced feed, swine, and other products. It operates through Poultry and Other segments. The Poultry segment includes chicken and egg operations. The Other segment consists of operations of swine, balanced feed for animal consumption and other by-products. The company was founded in 1952 and is headquartered in Celaya, Mexico.

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IBA Stock News Headlines

15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Industrias Bachoco (NYSE:IBA) Now Covered by StockNews.com
Bachoco Informs About Delisting in the United States
3 Budget-Friendly Food Stocks Investors Are Buying
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Industrias Bachoco (NYSE:IBA) Trading Down 1.6%
Industrias Bachoco (NYSE:IBA) Shares Up 3%
Industrias Bachoco (NYSE:IBA) Trading Down 5.1%
Industrias Bachoco, S.A.B. de C.V. (IBA)
Bachoco Informs About NYSE Delisting Application
Industrias Bachoco (NYSE:IBA) Shares Gap Down to $59.34
15 Biggest Poultry Companies in the World
3 Meat Food Stocks to Watch Despite Industry Headwinds
Industrias Bachoco SAB de CV ADR
Industrias Bachoco Announces CEO Retirement
Bachoco Reaches an Agreement to Acquire Norson, in Mexico
See More Headlines
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IBA Company Calendar

Last Earnings
10/24/2021
Today
5/27/2023
Next Earnings (Estimated)
6/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Poultry slaughtering & processing
Sub-Industry
N/A
Employees
32,058
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.00
High Stock Price Forecast
$56.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$315.34 million
Pretax Margin
8.18%

Debt

Sales & Book Value

Annual Sales
$5.07 billion
Cash Flow
$8.20 per share
Book Value
$54.38 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.65 billion
Optionable
Not Optionable
Beta
0.72

Key Executives

  • Ernesto Salmon Castelo
    Chief Executive Officer
  • Ernesto Salmôn Castelo
    Director-Mexico Operations
  • Daniel Salazar Ferrer
    Chief Financial Officer & Secretary
  • Alejandro Elias Calles Gutierrez
    Purchasing Director
  • Andrea Guerrero
    Head-Investor Relations













IBA Stock - Frequently Asked Questions

Should I buy or sell Industrias Bachoco stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Industrias Bachoco in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" IBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBA, but not buy additional shares or sell existing shares.
View IBA analyst ratings
or view top-rated stocks.

What is Industrias Bachoco's stock price forecast for 2023?

1 brokers have issued 12-month price targets for Industrias Bachoco's stock. Their IBA share price forecasts range from $56.00 to $56.00. On average, they expect the company's share price to reach $56.00 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for IBA
or view top-rated stocks among Wall Street analysts.

How have IBA shares performed in 2023?

Industrias Bachoco's stock was trading at $50.99 on January 1st, 2023. Since then, IBA stock has increased by 3.9% and is now trading at $53.00.
View the best growth stocks for 2023 here
.

When is Industrias Bachoco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 2nd 2023.
View our IBA earnings forecast
.

How were Industrias Bachoco's earnings last quarter?

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) issued its quarterly earnings results on Sunday, October, 24th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.05. The company earned $980.10 million during the quarter, compared to the consensus estimate of $987.18 million. Industrias Bachoco had a trailing twelve-month return on equity of 11.59% and a net margin of 6.11%.

How often does Industrias Bachoco pay dividends? What is the dividend yield for Industrias Bachoco?

Industrias Bachoco declared a semi-annual dividend on Friday, June 24th. Stockholders of record on Tuesday, July 12th will be given a dividend of $0.4887 per share on Monday, July 25th. This represents a yield of 2.1%. The ex-dividend date of this dividend is Monday, July 11th.
Read our dividend analysis for IBA
.

Is Industrias Bachoco a good dividend stock?

Industrias Bachoco (NYSE:IBA) pays an annual dividend of $0.46 per share and currently has a dividend yield of 0.87%. The dividend payout ratio is 7.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IBA.

What is Rodolfo Ramos Arvizu's approval rating as Industrias Bachoco's CEO?

20 employees have rated Industrias Bachoco Chief Executive Officer Rodolfo Ramos Arvizu on Glassdoor.com. Rodolfo Ramos Arvizu has an approval rating of 98% among the company's employees. This puts Rodolfo Ramos Arvizu in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Industrias Bachoco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Industrias Bachoco investors own include AT&T (T), Gilead Sciences (GILD), Tronox (TROX), Tyson Foods (TSN), Bunge (BG), Altria Group (MO), AbbVie (ABBV), Best Buy (BBY), Franklin Resources (BEN) and Costco Wholesale (COST).

What is Industrias Bachoco's stock symbol?

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

Who are Industrias Bachoco's major shareholders?

Industrias Bachoco's stock is owned by many different institutional and retail investors. Top institutional investors include Everett Harris & Co. CA (0.23%), US Bancorp DE (0.03%), Cutter & CO Brokerage Inc. (0.01%) and Citigroup Inc. (0.00%).

How do I buy shares of Industrias Bachoco?

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

What is Industrias Bachoco's stock price today?

One share of IBA stock can currently be purchased for approximately $53.00.

How much money does Industrias Bachoco make?

Industrias Bachoco (NYSE:IBA) has a market capitalization of $2.65 billion and generates $5.07 billion in revenue each year. The company earns $315.34 million in net income (profit) each year or $6.15 on an earnings per share basis.

How many employees does Industrias Bachoco have?

The company employs 32,058 workers across the globe.

How can I contact Industrias Bachoco?

Industrias Bachoco's mailing address is AVENIDA TECNOLOGICO 401 CIUDAD INDUSTRIAL, CELAYA O5, 38010. The official website for the company is www.bachoco.com.mx. The company can be reached via phone at 524616183555, via email at inversionistas@bachoco.net, or via fax at 52-46-1611-6502.

This page (NYSE:IBA) was last updated on 5/27/2023 by MarketBeat.com Staff

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