Independent Bank Corp. (NASDAQ:INDB) tinted gains of +0.41% (+0.3 points) to US$74.35. The volume of 0.15 Million shares climbed down over an trading activity of 71.29 Million shares. EPS ratio determined by looking at last 12 month figures is 3.49. Over the same time span, the stock marked US$76.35 as its best level and the lowest price reached was US$59.65. The corporation has a market cap of US$2.05 Billion.
Independent Bank Corp. (NASDAQ:INDB)’s earnings per share has been growing at a 10.7 percent rate over the past 5 year when average revenue increase was noted as 7.2 percent. The return on equity ratio or ROE stands at 10 percent while most common profitability ratio return on investment (ROI) was 20 percent. The company’s institutional ownership is monitored at 83.2 percent. The company’s net profit margin has achieved the current level of 32.8 percent and possesses 0 percent gross margin.
Daily Analyst Recommendations
A number of key analysts, polled by FactSet, shared their views about the current stock momentum. The forecast of 1 surveyed investment analysts covering the stock advises investors to Buy stake in the company. At present, 0 analysts call it Sell, while 3 think it is Hold. Recently, analysts have updated the overall rating to 2.5. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.
Permian Basin Royalty Trust (NYSE:PBT) is worth US$465.1 Million and has recently risen 0.4% to US$9.97. The latest exchange of 0.1 Million shares is below its average trading activity of 93.5 Million shares. The day began at US$9.88 but the price moved to US$9.82 at one point during the trading and finally capitulating to a session high of US$9.93. The stock tapped a 52-week high of US$10.3 while the mean 12-month price target for the shares is US$13.
Currently, the stock carries a price to earnings ratio of 15.85, a price to book ratio of 997, and a price to sales ratio of 15.2. For the past 5 years, the company’s revenue has grown -11.1%, while the company’s earnings per share has grown -11.5%. With an institutional ownership near 11.3%, it carries an earnings per share ratio of 0.63.