| Company name | IBERIABANK Corporation |
| Stock ticker | IBKC |
| Live stock price | [stckqut]IBKC[/stckqut] |
| P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
| Employee productivity | Fair |
| Sales growth | Fair |
| EPS growth | Poor |
| P/E growth | Good |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $76.87 |
| Target stock price (averages with growth) | $85.25 |
| Target stock price (averages with no growth) | $63.7 |
| Target stock price (manual assumptions) | $69.19 |
The following company description is from Google Finance: http://www.google.com/finance?q=ibkc
IBERIABANK Corporation (IBKC), incorporated on November 21, 1994, is a financial holding company. IBKC is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners, LLC, a corporate finance services firm; IB Aircraft Holdings LLC, a holding company for its fractional investment in an aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust services, and IBERIA CDE LLC (CDE), which invests in purchased tax credits. It offers commercial and retail banking products and services to customers throughout locations in six states. On July 31, 2012, it acquired Fort Myers, Florida-based Florida Gulf Bancorp Inc and its subsidiary bank, Florida Gulf Bank.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in IBERIABANK Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I will be removing IBERIABANK Corporation from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of IBERIABANK Corporation calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(s2member_level1)]
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
Stock price at the time of the calculation: $62.4
Growth: 0.13
Current EPS (TTM): $2.88
P/E: 21
Future EPS Calc: $5.3
Future Stock Price Calc: $111.43
Target stock price: $69.18
I hope that this makes you a better investor. [/s2If]