Inter & Co, Inc. (NASDAQ:INTR) Releases Earnings Results, Beats Estimates By $0.01 EPS

Inter & Co, Inc. (NASDAQ:INTR) announced its quarterly earnings data on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01, Zacks reports. Inter & Co, Inc. had a net margin of 10.37% and a return on equity of 9.29%.

Inter & Co, Inc. Price Performance

Inter & Co, Inc. stock opened at $5.42 on Friday. Inter & Co, Inc. has a 1 year low of $3.88 and a 1 year high of $7.84. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a 50 day moving average price of $4.56 and a 200 day moving average price of $5.95. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 15.46 and a beta of 1.32.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their price target on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $7.28.

Inter & Co, Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.