Independent Bank Group Stock Shares Outstanding
IBTX Stock | USD 65.49 0.82 1.27% |
Independent Bank Group fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.
Common Stock Shares Outstanding is likely to drop to about 27.9 M in 2024. Independent | Shares Outstanding |
Independent Bank Group Company Shares Outstanding Analysis
Independent Bank's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Independent Bank Shares Outstanding | 41.44 M |
Most of Independent Bank's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Independent Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.
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Independent Shares Outstanding Historical Pattern
Today, most investors in Independent Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Independent Bank's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Independent Bank shares outstanding as a starting point in their analysis.
Independent Bank Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Independent Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Independent Bank Group has 41.44 M of shares currently outstending. This is 97.74% lower than that of the Banks sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 92.75% higher than that of the company.
Independent Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.Independent Bank is currently under evaluation in shares outstanding category among its peers.
Independent Bank Current Valuation Drivers
We derive many important indicators used in calculating different scores of Independent Bank from analyzing Independent Bank's financial statements. These drivers represent accounts that assess Independent Bank's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independent Bank's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.4B | 2.7B | 3.1B | 2.5B | 2.1B | 1.2B | |
Enterprise Value | 2.4B | 1.6B | 954.3M | 2.5B | 2.1B | 2.2B |
Independent Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.Environmental | Governance | Social |
Independent Fundamentals
Return On Equity | -0.2 | |||
Return On Asset | -0.0234 | |||
Profit Margin | (0.93) % | |||
Operating Margin | 0.29 % | |||
Current Valuation | 1.86 B | |||
Shares Outstanding | 41.44 M | |||
Shares Owned By Insiders | 13.50 % | |||
Shares Owned By Institutions | 79.04 % | |||
Number Of Shares Shorted | 1.73 M | |||
Price To Earning | 13.02 X | |||
Price To Book | 1.38 X | |||
Price To Sales | 5.74 X | |||
Revenue | 507.67 M | |||
Gross Profit | 605.18 M | |||
EBITDA | 12.44 M | |||
Net Income | 43.2 M | |||
Cash And Equivalents | 533.58 M | |||
Cash Per Share | 12.95 X | |||
Total Debt | 676.44 M | |||
Debt To Equity | 7.34 % | |||
Book Value Per Share | 47.03 X | |||
Cash Flow From Operations | 165.27 M | |||
Short Ratio | 12.40 X | |||
Earnings Per Share | (10.50) X | |||
Price To Earnings To Growth | 1.81 X | |||
Target Price | 56.4 | |||
Number Of Employees | 1.52 K | |||
Beta | 1.37 | |||
Market Capitalization | 2.68 B | |||
Total Asset | 19.04 B | |||
Retained Earnings | 616.72 M | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.59 % | |||
Net Asset | 19.04 B | |||
Last Dividend Paid | 1.52 |
About Independent Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.