Industrias Bachoco (IBA) Earns Coverage Optimism Score of 0.16

News stories about Industrias Bachoco (NYSE:IBA) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Industrias Bachoco earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.0575337389106 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Industrias Bachoco (NYSE:IBA) opened at $59.16 on Wednesday. The company has a current ratio of 2.93, a quick ratio of 2.23 and a debt-to-equity ratio of 0.05. Industrias Bachoco has a twelve month low of $46.55 and a twelve month high of $67.61. The stock has a market capitalization of $2,970.50, a P/E ratio of 11.38 and a beta of 0.42.

Industrias Bachoco (NYSE:IBA) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.88. Industrias Bachoco had a return on equity of 14.52% and a net margin of 8.35%. The company had revenue of $765.00 million for the quarter, compared to the consensus estimate of $46.16 million. equities analysts anticipate that Industrias Bachoco will post 4.35 earnings per share for the current fiscal year.

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About Industrias Bachoco

Industrias Bachoco, SAB. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in Mexico, and a production complex in the United States. Bachoco operates through two segments: poultry and others.

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