A Closer Look At Bancolombia S.A. (CIB)’s Financials

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As of Wednesday close, Bancolombia S.A.’s (NYSE:CIB) stock was up $0.63, moving up 2.43 percent to $26.51. The average number of shares traded per day over the past five days has been 286,800 shares. 4 times new highs have been achieved over the past 5 days, with a $1.06 gain in that time frame. In the last twenty days, the average volume was 277,285, while in the previous 50 days, it was 293,012.

Since last month, CIB stock rose 10.41%. Shares of the company fell to $23.86 on 10/25/22, the lowest level in the past month. A 52-week high of $45.98 was reached on 05/31/22 after having rallying from a 52-week low of $23.86. Since the beginning of this year, CIB’s stock price has dropped by -16.08% or -$5.08, and marked a new high 20 times. However, the stock has declined by -42.34% since its 52-week high.


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Valuation Metrics

Right now, Bancolombia S.A. (CIB) has a P/E ratio of about 4.83. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 1.67, the price-to-book (PB) ratio of 0.87, and the price-to-cash flow ratio of 7.98 may also be considered.

The latest dividend of $0.7403 per share was paid out, which is -10.27% less than last year’s $0.8250. On Tuesday August 16 2022, a $0.0848 dividend decrease was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.83, and the total debt-to-equity ratio was 1.08. In the year ended June 29, operating margins totaled 62.50%. Based on annual data, CIB earned $3.54 billion in gross profit and brought in $4.84 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.80%. Return on equity (ROE) for the past 12 months was 19.90%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CIB’s revenue rose 100.0% during the quarter, while net income inched up to $1.47 billion. While analysts expected Bancolombia S.A. to report $0.54 quarterly earnings, the actual figure was $1.28 per share, beating the consensus estimate by 137.00%.

Technical Picture

This quick technical analysis looks at Bancolombia S.A.’s (CIB) price momentum. With a historical volatility rate of 28.87%, the RSI 9-day stood at 63.17% on 23 November.

With respect to its five-day moving average, the current Bancolombia S.A. price is up by +4.17% percent or $1.06. At present, CIB shares trade +9.91% above its 20-day simple moving average and -11.04% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.62% below its SMA50 and -25.39% below its SMA200.

Stochastic coefficient K was 50.73% and Stochastic coefficient D was 41.29%, while ATR was 0.77. Given the Stochastic reading of 72.79% for the 14-day period, the RSI (14) reading has been calculated as 57.89%. As of today, the MACD Oscillator reading stands at 0.07, while the 14-day reading stands at 0.14.

Analyst Ratings

UBS upgraded its rating on Bancolombia S.A. (NYSE: CIB) to a Neutral in a note to investors on October 19, 2022. The analysts firm previously had a Sell rating on the stock.Bancolombia S.A. (CIB) has been rated Overweight by analysts. According to 0 brokerage firms, CIB is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Bancolombia S.A. stock as buy, with 4 recommending it as overweight.

With a median target price of $35.50, the current consensus forecast for the stock is $26.70 – $41.00. Based on these forecasts, analysts predict Bancolombia S.A. (CIB) will achieve an average price target of $34.78.

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