In last trading session, Inter & Co Inc. (NASDAQ:INTR) saw 1.94 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.24 trading at -$0.09 or -3.47% at ring of the bell on the day assigns it a market valuation of $884.38M. That closing price of INTR’s stock is at a discount of -106.7% from its 52-week high price of $4.63 and is indicating a premium of 8.48% from its 52-week low price of $2.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.63 million shares which gives us an average trading volume of 379.30K if we extend that period to 3-months.
For Inter & Co Inc. (INTR), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.01 in the current quarter.
Inter & Co Inc. (NASDAQ:INTR) trade information
Upright in the red during last session for losing -3.47%, in the last five days INTR remained trading in the green while hitting it’s week-highest on Tuesday, 11/22/22 when the stock touched $2.24 price level, adding 5.88% to its value on the day. Inter & Co Inc.’s shares saw a change of -35.51% in year-to-date performance and have moved 0.65% in past 5-day. Inter & Co Inc. (NASDAQ:INTR) showed a performance of -20.41% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 0.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $5.94 to the stock, which implies a rise of 62.29% to its current value. Analysts have been projecting $4.20 as a low price target for the stock while placing it at a high target of $8.12. It follows that stock’s current price would drop -262.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -87.5% for stock’s current value.
Inter & Co Inc. (INTR) estimates and forecasts
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $169.29 million for the same. And 3 analysts are in estimates of company making revenue of $174.41 million in the next quarter that will end on Sep 2022.
Inter & Co Inc. is more likely to be releasing its next quarterly report on August 16 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Inter & Co Inc. (NASDAQ:INTR)’s Major holders
Insiders are in possession of 28.51% of company’s total shares while institution are holding 3.47 percent of that, with stock having share float percentage of 4.85%. Investors also watch the number of corporate investors in a company very closely, which is 3.47% institutions for Inter & Co Inc. that are currently holding shares of the company. Softbank Group Corporation is the top institutional holder at INTR for having 64.51 million shares of worth $135.46 million. And as of Jun 29, 2022, it was holding 58.41% of the company’s outstanding shares.
The second largest institutional holder is Verde Servicos Internacionais S.a., which was holding about 2.62 million shares on Sep 29, 2022. The number of shares represents firm’s hold over 2.37% of outstanding shares, having a total worth of $8.54 million.