Independent Bank Group Stock Buy Hold or Sell Recommendation
| IBTX Stock | USD 64.67 1.61 2.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Independent Bank Group is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Independent Bank Group given historical horizon and risk tolerance towards Independent Bank. When Macroaxis issues a 'buy' or 'sell' recommendation for Independent Bank Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Independent Bank Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide. In addition, we conduct extensive research on individual companies such as Independent and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Independent |
Execute Independent Bank Buy or Sell Advice
The Independent recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Independent Bank Group. Macroaxis does not own or have any residual interests in Independent Bank Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Independent Bank's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Independent Bank Trading Alerts and Improvement Suggestions
| Over 79.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Independent Bank Group, Inc. Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat |
Independent Bank Returns Distribution Density
The distribution of Independent Bank's historical returns is an attempt to chart the uncertainty of Independent Bank's future price movements. The chart of the probability distribution of Independent Bank daily returns describes the distribution of returns around its average expected value. We use Independent Bank Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Independent Bank returns is essential to provide solid investment advice for Independent Bank.
| Mean Return | 0.30 | Value At Risk | -3.04 | Potential Upside | 3.90 | Standard Deviation | 2.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Independent Bank historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Independent Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Independent Bank, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Independent Bank Group back and forth among themselves.
| Shares | Manufacturers Life Insurance Co | 2024-09-30 | 540.8 K | Goldman Sachs Group Inc | 2024-06-30 | 534.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 485.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 430.5 K | Northern Trust Corp | 2024-09-30 | 392.9 K | Qube Research & Technologies | 2024-06-30 | 370.2 K | Bank Of America Corp | 2024-06-30 | 344.7 K | Balyasny Asset Management Llc | 2024-06-30 | 325.2 K | Magnetar Financial Llc | 2024-06-30 | 310.8 K | Blackrock Inc | 2024-06-30 | 5.6 M | Vanguard Group Inc | 2024-09-30 | 4.1 M |
Independent Bank Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 434.4M | 1.2B | 794.5M | (2.0B) | 67.7M | 37.9M | |
| Free Cash Flow | 141.6M | 133.2M | 206.1M | 154.3M | 144.3M | 91.4M | |
| Depreciation | 24.7M | 25.4M | 25.0M | 27.4M | 30.9M | 15.7M | |
| Other Non Cash Items | (39.0M) | (30.9M) | 25.9M | 28.5M | 7.4M | 7.8M | |
| Dividends Paid | 43.3M | 45.3M | 56.9M | 63.5M | 62.7M | 65.8M | |
| Capital Expenditures | 31.7M | 21.1M | 71.4M | 63.0M | 21.0M | 24.6M | |
| Net Income | 192.7M | 201.2M | 224.8M | 196.3M | 43.2M | 41.0M | |
| End Period Cash Flow | 565.2M | 1.8B | 2.6B | 654.3M | 722.0M | 658.9M | |
| Investments | (674.0M) | (693.8M) | (879.9M) | (2.1B) | (387.0M) | (406.4M) | |
| Net Borrowings | (83.2M) | 159.4M | (254.5M) | 133M | 119.7M | 125.7M | |
| Change To Netincome | (17.7M) | (2.3M) | 51.8M | 45.3M | 52.0M | 54.6M |
Independent Bank Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Independent Bank or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Independent Bank's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Independent stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 2.63 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | 0.07 |
Independent Bank Volatility Alert
Independent Bank Group has relatively low volatility with skewness of 2.57 and kurtosis of 13.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Independent Bank's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Independent Bank's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Independent Bank Fundamentals Vs Peers
Comparing Independent Bank's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Independent Bank's direct or indirect competition across all of the common fundamentals between Independent Bank and the related equities. This way, we can detect undervalued stocks with similar characteristics as Independent Bank or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Independent Bank's fundamental indicators could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Independent Bank to competition |
| Fundamentals | Independent Bank | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | -0.0234 | -0.14 |
| Profit Margin | (0.93) % | (1.27) % |
| Operating Margin | 0.29 % | (5.51) % |
| Current Valuation | 1.86 B | 16.62 B |
| Shares Outstanding | 41.44 M | 571.82 M |
| Shares Owned By Insiders | 13.50 % | 10.09 % |
| Shares Owned By Institutions | 79.04 % | 39.21 % |
| Number Of Shares Shorted | 1.73 M | 4.71 M |
| Price To Earning | 13.02 X | 28.72 X |
| Price To Book | 1.38 X | 9.51 X |
| Price To Sales | 5.74 X | 11.42 X |
| Revenue | 507.67 M | 9.43 B |
| Gross Profit | 605.18 M | 27.38 B |
| EBITDA | 12.44 M | 3.9 B |
| Net Income | 43.2 M | 570.98 M |
| Cash And Equivalents | 533.58 M | 2.7 B |
| Cash Per Share | 12.95 X | 5.01 X |
| Total Debt | 676.44 M | 5.32 B |
| Debt To Equity | 7.34 % | 48.70 % |
| Book Value Per Share | 47.03 X | 1.93 K |
| Cash Flow From Operations | 165.27 M | 971.22 M |
| Short Ratio | 12.40 X | 4.00 X |
| Earnings Per Share | (10.50) X | 3.12 X |
| Price To Earnings To Growth | 1.81 X | 4.89 X |
| Target Price | 56.4 | |
| Number Of Employees | 1.52 K | 18.84 K |
| Beta | 1.37 | -0.15 |
| Market Capitalization | 2.68 B | 19.03 B |
| Total Asset | 19.04 B | 29.47 B |
| Retained Earnings | 616.72 M | 9.33 B |
| Annual Yield | 0.02 % | |
| Five Year Return | 1.59 % |
Note: Disposition of tradable shares by Brenda Montgomery of Independent Bank at 51.37 subject to Rule 16b-3 [view details]
Independent Bank Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Independent . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Independent Bank Buy or Sell Advice
When is the right time to buy or sell Independent Bank Group? Buying financial instruments such as Independent Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.