Industrias Bachoco, S.A.B. de C.V. (IBA) Analysts See $1.24 EPS

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Logo

Analysts expect Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) to report $1.24 EPS on July, 22.They anticipate $0.34 EPS change or 21.52 % from last quarter’s $1.58 EPS. IBA’s profit would be $61.53M giving it 10.71 P/E if the $1.24 EPS is correct. After having $0.31 EPS previously, Industrias Bachoco, S.A.B. de C.V.’s analysts see 300.00 % EPS growth. The stock decreased 0.90% or $0.48 during the last trading session, reaching $53.12. About 27,798 shares traded or 187.94% up from the average. Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) has declined 8.33% since July 14, 2018 and is downtrending. It has underperformed by 12.76% the S&P500.

Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States. The company has market cap of $2.64 billion. The firm primarily engages in the breeding, processing, and marketing of chicken, eggs, swine, and balanced animal feed. It has a 12.55 P/E ratio. It also offers value-added turkey and beef products; and produces and distributes medicines and vaccines for animal consumption.

More notable recent Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) news were published by: Globenewswire.com which released: “IBA Selected to Install Five-room Proton Therapy System in Shenzhen, China – GlobeNewswire” on March 29, 2019, also Globenewswire.com with their article: “IBA SA: transparency notification Brussels Stock Exchange:IBAB – GlobeNewswire” published on March 22, 2019, Investorplace.com published: “5 Agriculture Stocks to Buy to Help You Harvest Profits – Investorplace.com” on August 29, 2018. More interesting news about Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) were released by: Finance.Yahoo.com and their article: “Hedge Funds Have Never Been This Bullish On Welbilt, Inc. (WBT) – Yahoo Finance” published on June 14, 2019 as well as Globenewswire.com‘s news article titled: “IBA – Transparency Notification Brussels Stock Exchange:IBAB – GlobeNewswire” with publication date: June 17, 2019.

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