Industrias Bachoco, SAB de CV (IBA)

NYSE: IBA · IEX Real-Time Price · USD
52.42
+0.19 (0.36%)
Feb 1, 2023, 9:50 AM EST - Market open
0.36%
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]

Industry Farm Products
IPO Date Sep 19, 1997
Employees 34,250
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 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
Stock Forecasts

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...

5 days ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

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...

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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...

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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...

2 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for November 15th

NWPX, IBA and FLEX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 15, 2022.

Other symbols: FLEXNWPX
2 months ago - Zacks Investment Research

Best Value Stocks to Buy for November 15th

CMC, IBA and FLEX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 15, 2022.

Other symbols: CMCFLEX
2 months ago - Zacks Investment Research

New Strong Buy Stocks for November 15th

RWEOY, IBA, CNHI, FLEX and BXSL have been added to the Zacks Rank #1 (Strong Buy) List on November 15, 2022.

Other symbols: CNHIFLEX
2 months ago - Zacks Investment Research

New Strong Buy Stocks for November 11th

H, CVCO, PRDO, IBA and FIX have been added to the Zacks Rank #1 (Strong Buy) List on November 11, 2022.

Other symbols: CVCOFIXHPRDO
2 months ago - Zacks Investment Research

New Strong Buy Stocks for November 8th

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

Other symbols: AGNCGMSNTESWTTR
3 months ago - Zacks Investment Research

Bachoco Announces Results of the Offering for its Shares

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco S.A.B.

3 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

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.

Other symbols: NTNXPTEN
3 months ago - Zacks Investment Research

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...

3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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.

Other symbols: CATYONB
3 months ago - Zacks Investment Research

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.

Other symbols: BXRXCATYKOFSSB
3 months ago - Zacks Investment Research

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.

Other symbols: FSBW
3 months ago - Zacks Investment Research

Industrias Bachoco Announces Third Quarter 2022 Results

CELAYA, Mexico & GUANAJUATO, Mexico--(BUSINESS WIRE)--Industrias Bachoco, S.A.B.

3 months ago - Business Wire

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.

Other symbols: OXMULTA
3 months ago - Zacks Investment Research

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...

3 months ago - Zacks Investment Research