IBERIABANK Corporation s trend and data analysis indicates that the stock price has dropped -6.37% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 20.38% . Looking at the past 52 week period, the stock price is up at 51.85% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of IBERIABANK Corporation has a positive value of 39.26 compared to overall market.IBERIABANK Corporation is having a Relative Strength Index of 43.01 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of IBERIABANK Corporation (NASDAQ:IBKC) rallied by 0.56% during the past week but lost 5.22% on a 4-week basis. The company has outperformed the S&P 500 by 0.32% in the past week but underperformed the index by 6.3% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. IBERIABANK Corporation (NASDAQ:IBKC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.4 points or 0.49% at $80.8 with 1,285,258 shares getting traded. Post opening the session at $81.15, the shares hit an intraday low of $79.686 and an intraday high of $81.4 and the price was in this range throughout the day. The company has a market cap of $4,117 million and the number of outstanding shares has been calculated to be 50,954,252 shares. The 52-week high of IBERIABANK Corporation (NASDAQ:IBKC) is $91.1 and the 52-week low is $47.87.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.IBERIABANK Corp was Upgraded by JMP Securities to Mkt Outperform on Mar 10, 2017. IBERIABANK Corp was Downgraded by Piper Jaffray to Neutral on Mar 1, 2017. IBERIABANK Corp was Initiated by JMP Securities to Mkt Perform on Feb 2, 2017.
Company has reported several Insider transactions to the SEC, on Dec 22, 2016, Jefferson G Parker (VICE CHAIRMAN) sold 5,000 shares at 86.52 per share price.On Dec 13, 2016, Elizabeth A Ardoin (SR EXECUTIVE VICE PRESIDENT) sold 3,390 shares at 85.95 per share price.On Dec 9, 2016, Michael J Brown (VICE CHAIRMAN) sold 10,000 shares at 88.90 per share price.
IBERIABANK Corp Last issued its quarterly earnings results on Oct 26, 2016. The company reported $1.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.12. Analyst had a consensus of $1.20. The company had revenue of $223.23 million for the quarter, compared to analysts expectations of $231.16 million. The companys revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.
IBERIABANK Corporation is a commercial bank holding company.