Industrias Bachoco, S.A.B. de C.V. (IBA)

NYSE: IBA · IEX Real-Time Price · USD
44.25
+1.01 (2.34%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.34%
Market Cap 2.24B
Revenue (ttm) 3.99B
Net Income (ttm) 247.10M
Shares Out 50.73M
EPS (ttm) 5.05
PE Ratio 8.76
Forward PE n/a
Dividend $0.90 (2.03%)
Ex-Dividend Date May 16, 2022
Volume 4,486
Open 43.29
Previous Close 43.24
Day's Range 43.24 - 44.45
52-Week Range 36.98 - 48.11
Beta 0.77
Analysts Buy
Price Target 56.94 (+28.7%)
Earnings Date Jul 25, 2022

About IBA

Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States. The company operates in two segments, Poultry and Others. It is primarily involved in the breeding, processing, and marketing of chicken, eggs, swine, balanced animal feed, and other meat products. The company also produces and distributes pork, fish, turkey, pet food, cattle, and beef products, as well as medicines and vaccines for animal consumption; and provides administrative and operating services. In addition, it p... [Read more...]

Industry Food Products
IPO Date Sep 19, 1997
Employees 33,721
Stock Exchange NYSE
Ticker Symbol IBA
Full Company Profile

Financial Performance

In 2021, IBA's revenue was 81.70 billion, an increase of 18.76% compared to the previous year's 68.79 billion. Earnings were 5.07 billion, an increase of 28.71%.

Financial numbers in MXN Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for IBA stock is "Buy." The 12-month stock price forecast is 56.94, which is an increase of 28.68% from the latest price.

Price Target
$56.94
(28.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Amendment to Previous Announcement of Bachoco's Cash Dividend

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: BACHOCO) Mexico's leading producer and processor of poultry and other food products, anno...

Industrias Bachoco Announces Form 20-F Filing With the SEC

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco) today filed its Annual Report on Form 20-F for the year end...

Bachoco Announces First Quarter 2022 Results

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the first quarte...

Bachoco Announces Cash Dividend

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: BACHOCO) Mexico's leading producer and processor of poultry and other food products, anno...

Recent Price Trend in Industrias Bachoco (IBA) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Industrias Bachoco (IBA) could be a great choice. It is one of the several stocks that passed through our "Recent...

4 Non-Cyclical Stocks With High Returns

Investors may want to consider the following non-cyclical stocks as their earnings yields (as calculated by Joel Greenblatt (Trades, Portfolio)'s method) are outperforming the 20-year high-quality marke...

Other symbols: COCONATROGE

Intention to launch Tender Offer for Bachoco's Shares

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. ("Bachoco" or the “Company”) (NYSE: IBA; BMV: BACHOCO), announces that, today, a vehicle (the “Offeror”) in which current shareholders ...

Industrias Bachoco Announces Fourth Quarter and Full Year 2021 Results

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the fourth quarter (“4Q21”) and full ...

Bachoco Concludes Acquisition Agreement of RYC Alimentos, in Mexico

CELAYA, México--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco), announces today that the agreement to purchase 100% of the stocks of RYC Alimen...

Bachoco Reaches Acquisition Agreement of RYC Alimentos, in Mexico

CELAYA, México--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco), announced today, that Mexican Antitrust Authorities (COFECE) agreed with the pu...

Bachoco Is a True Value Stock

Industrias Bachoco SA de CV ( IBA , Financial) is a Mexico-based meat packer that focuses on chicken, eggs and pork. The company, which is more commonly known as Bachoco, has done well with inflation in...

Recap: Industrias Bachoco SAB Q3 Earnings

Industrias Bachoco SAB (NYSE:IBA) reported its Q3 earnings results on Monday, October 25, 2021 at 09:00 AM. Here's what investors need to know about the announcement.

Industrias Bachoco Announces Third Quarter 2021 Results

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the third quarte...

Earnings Outlook For Industrias Bachoco SAB

Industrias Bachoco SAB (NYSE:IBA) is set to give its latest quarterly earnings report on Monday, 2021-10-25. Here's what investors need to know before the announcement.

Industrias Bachoco (IBA) Sees Hammer Chart Pattern: Time to Buy?

Industrias Bachoco (IBA) has been struggling lately, but the selling pressure may be coming to an end soon.

Bachoco Announces the Designation of the Secretary of Board of Directors

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: BACHOCO) Mexico's leading producer and processor of poultry and other food products, anno...

David Becker Honored by the Indiana Bankers Association

FISHERS, Ind.--(BUSINESS WIRE)---- $IBA #IBA--First Internet Bank Chairman, CEO and founder David Becker, was recognized by the Indiana Bankers Association (IBA) with its Leaders in Banking Excellence a...

Industrias Bachoco Announces Second Quarter 2021 Results

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the second quart...

Here's Why "Trend" Investors Would Love Betting on Industrias Bachoco (IBA)

Industrias Bachoco (IBA) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it thro...

Bachoco Announces First Quarter 2021 Results

CELAYA, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the first quarter (“1Q21”) ending Mar...

Should Value Investors Buy Industrias Bachoco (IBA) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Is Industrias Bachoco (IBA) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

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The market might appear overvalued, but there are always some stocks that offer value to investors.

Other symbols: AMGARLPBCCCLWMDU

Are Investors Undervaluing Industrias Bachoco (IBA) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

A Trio of Non-Cyclical Stocks to Consider

Investors who are in search of high return investments could be interested in the three non-cyclical stocks listed below, as their earnings yields (as calculated via Joel Greenblatt's method) are outper...