Profitability Ratios Proving Vital for Investment: ICICI Bank Limited (NYSE:IBN)

In active leading trade session, ICICI Bank Limited (NYSE:IBN) slightly up 0.35% to trade at $8.66. The firm receives analyst recommendation of 1.00 on scale of 1-5 with week’s performance of 5.22%.

Experts’ Critical Views

Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked IBN in recent few months. In ratings table the IBN given BUY ratings by 27 analysts in current phase and 8 analysts suggest it as overweight security. The 2 number of analyst/s have SELL recommendation for current month on IBN. While 8 number of analysts gave ratings for HOLD in current as compared to 1 analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.11 at current month while compared with $0.11 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.13 and on annual basis FY 2016 estimate trends at current was for $0.51 as compared to one month ago of $0.51, and for next year per share earnings estimates have $0.55.

Technical Positioning

ICICI Bank Limited (NYSE:IBN) has forward price to earnings ratio of 17.49, and price to earnings ratio calculated as 27.15. The price to earnings growth ration calculated as 1.23.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -16.90%, and looking further price to next year’s EPS is 29.58%. While take a short look on price to sales ratio, that was 5.63 and price to earning ration of 27.15 attracting passive investors.

Earnings Technical Analysis

ICICI Bank Limited (NYSE:IBN) has price to earnings growth of 1.23, which is a valuation metric for determining relative trade-off among price of a stock. While to figure out more clear vision, firm’s returns on investment calculated as 4.50%; it gives answer about efficiency of different investments in different securities.

The firm has noticeable volatility credentials; price volatility of stock was 1.31% for a week and 1.35% for a month. The performance of ICICI Bank Limited (NYSE:IBN) for the quarter recorded as 8.52% and for year stands at 32.76%, while the YTD performance was 15.62%. The co attains 0.16 for Average True Range for 14 days. The stock price of IBN is moving up from its 20 days moving average with 3.62% and isolated positively from 50 days moving average with 6.92%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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