Summary:
- Inter & Co (INTR, Financial) boosts net income by 57% YOY in Q1.
- Analysts forecast a potential upside of 18.28% based on GF Value estimates.
- Stock is rated "Outperform" by analysts with an average target price of $6.97.
Inter & Co (INTR) has reported a notable financial performance for the first quarter, achieving a net income of R$287 million. This marks a significant year-over-year increase of 57%, showcasing the company's robust growth trajectory. Additionally, the efficiency ratio improved to 48.8%, highlighting enhanced operational efficiency. The company's client base saw impressive growth, expanding to 37.7 million individuals, with 21.6 million being active users.
Wall Street Analysts' Insights
In terms of stock market forecasts, Inter & Co Inc (INTR, Financial) has an average one-year price target of $6.97, derived from evaluations by 8 financial analysts. These projections range from a high of $8.13 to a low of $4.07. Notably, the average target reflects a slight downside of 1.93% from the current trading price of $7.11. For more detailed analyst estimates, visit the Inter & Co Inc (INTR) Forecast page.
Furthermore, the consensus among 9 brokerage firms points to an "Outperform" recommendation for Inter & Co Inc (INTR, Financial), with an average brokerage recommendation score of 2.1 on a scale where 1 signifies a Strong Buy and 5 represents a Sell. This underscores a positive outlook among analysts regarding the stock's potential.
GF Value and Market Potential
According to GuruFocus estimates, the anticipated GF Value for Inter & Co Inc (INTR, Financial) in the forthcoming year is pegged at $8.41. This projection indicates a potential upside of 18.28% from the current market price of $7.11. The GF Value, which is derived from historical trading multiples and projected business growth, offers insight into the stock's fair value. More comprehensive data is accessible on the Inter & Co Inc (INTR) Summary page.
