During the last session, Ibotta Inc (NYSE:IBTA)’s traded shares were 0.35 million. At the end of the trading day, the stock’s price was $73.64, reflecting an intraday gain of 0.12% or $0.09. The 52-week high for the IBTA share is $117.59, that puts it down -59.68 from that peak though still a striking 43.14% gain since the share price plummeted to a 52-week low of $41.87. The company’s market capitalization is $2.26B, and the average intraday trading volume over the past 10 days was 0.33 million shares, and the average trade volume was 266.14K shares over the past three months.
Ibotta Inc (IBTA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. IBTA has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
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Ibotta Inc (NYSE:IBTA) trade information
Ibotta Inc (IBTA) registered a 0.12% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.12% in intraday trading to $73.64, hitting a weekly high. The stock’s 5-day price performance is -3.37%, and it has moved by -1.72% in 30 days. The short interest in Ibotta Inc (NYSE:IBTA) is 1.22 million shares and it means that shorts have 3.32 day(s) to cover.
The consensus price target of analysts on Wall Street is $86, which implies an increase of 14.37% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $65 and $114 respectively. As a result, IBTA is trading at a discount of -54.81% off the target high and 11.73% off the low.
Ibotta Inc (IBTA) estimates and forecasts
Statistics show that Ibotta Inc has underperformed its competitors in share price, compared to the industry in which it operates. Ibotta Inc (IBTA) shares have gone down -5.30% during the last six months, with a year-to-date growth rate less than the industry average at -19.01% against 16.30.
While earnings are projected to return -87.96% in 2024, the next five years will return 36.18% per annum.
IBTA Dividends
Ibotta Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ibotta Inc (NYSE:IBTA)’s Major holders
Ibotta Inc insiders own 48.51% of total outstanding shares while institutional holders control 37.50%, with the float percentage being 72.83%.
Also, the Mutual Funds coming in first place with the largest holdings of Ibotta Inc (IBTA) shares are Baron Small Cap Fund and Janus Henderson Triton Fund . Data provided on Sep 30, 2024 indicates that Baron Small Cap Fund owns about 750.0 shares. This amounts to just over 2.73 percent of the company’s overall shares, with a $55.23 million market value. The same data shows that the other fund manager holds slightly less at 333.42, or about 1.21% of the stock, which is worth about $24.55 million.
