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... [Read more]
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 StatementsAnalyst 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.
News

Industrias Bachoco Announces CEO Retirement
CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco), announces today the starting of the retirement process...

Are Consumer Staples Stocks Lagging Industrias Bachoco (IBA) This Year?
Here is how Industrias Bachoco (IBA) and Smucker (SJM) have performed compared to their sector so far this year.

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...

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...

Bachoco Reaches an Agreement to Acquire Norson, in Mexico
CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: BACHOCO), announced today that it has achieved a business agreem...

Industrias Bachoco (IBA) is on the Move, Here's Why the Trend Could be Sustainable
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 "Rece...

Bachoco Announces Final Results of the Offering for its Shares
CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO) announced that, after the completion of the acceptance and settlement pr...

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...

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WTTR, NTES, AGNC, IBA and GMS have been added to the Zacks Rank #1 (Strong Buy) List on November 8, 2022.

Bachoco Announces Results of the Offering for its Shares
CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B.

Industrias Bachoco, S.A. de C.V. (IBA) Hits Fresh High: Is There Still Room to Run?
Industrias Bachoco (IBA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Best Momentum Stocks to Buy for November 1st
PTEN, IBA and NTNX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 1, 2022.

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

Surging Earnings Estimates Signal Upside for Industrias Bachoco (IBA) Stock
Industrias Bachoco (IBA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Is Industrias Bachoco (IBA) Stock Outpacing Its Consumer Staples Peers This Year?
Here is how Industrias Bachoco (IBA) and Lamb Weston (LW) have performed compared to their sector so far this year.

Best Momentum Stocks to Buy for October 27th
IBA, CATY and ONB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 27, 2022.

New Strong Buy Stocks for October 27th
BXRX, SSB, IBA, CATY and KOF have been added to the Zacks Rank #1 (Strong Buy) List on October 27, 2022.

Best Value Stocks to Buy for October 27th
IBA and FSBW made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 27, 2022.

Industrias Bachoco Announces Third Quarter 2022 Results
CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B.

3 Best Efficient Stocks to Boost Portfolio Returns
Invest in stocks like Oxford Industries (OXM), Ulta Beauty (ULTA) & Industrias Bachoco (IBA) at the moment for a solid efficiency level.

Is Industrias Bachoco (IBA) a Great Value Stock 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...