Industrias Bachoco, SAB de CV (IBA)

Market Cap	2.62B
Revenue (ttm)	3.99B
Net Income (ttm)	247.10M
Shares Out	50.00M
EPS (ttm)	4.95
PE Ratio	7.28
Forward PE	n/a
Dividend	$0.08 (0.16%)
Ex-Dividend Date	Jul 11, 2022

Volume	331
Open	52.15
Previous Close	52.23
Day's Range	52.15 - 52.42
52-Week Range	36.98 - 54.24
Beta	0.69
Analysts	Buy
Price Target	61.46 (+17.25%)
Earnings Date	Feb 2, 2023

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...

• Industry: Farm Products
• Sector: Consumer Staples
• IPO Date: Sep 19, 1997
• Employees: 34,250
• Stock Exchange: NYSE
• Ticker Symbol: IBA

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

Analyst Forecast

According to 12 analysts, the average rating for IBA stock is "Buy." The 12-month stock price forecast is $61.46, which is an increase of 17.25% from the latest price.

Price Target

$61.46

(17.25% upside)

Analyst Consensus: Buy