Inter&CoINTR
INTR
About: Inter & Co Inc operates as a digital bank. The company's segment includes Banking & Spending; Investments; Insurance Brokerage; and Inter Shop & Commerce Plus. It generates maximum revenue from the Banking & Spending.
Employees: 3,270
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
179% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 19
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
63% more funds holding
Funds holding: 54 [Q2] → 88 (+34) [Q3]
18.17% less ownership
Funds ownership: 56.81% [Q2] → 38.64% (-18.17%) [Q3]
26% less capital invested
Capital invested by funds: $997M [Q2] → $734M (-$263M) [Q3]
43% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $1.97M
75% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7.20
52%
upside
Avg. target
$7.20
52%
upside
High target
$7.20
52%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Yuri Fernandes 67% 1-year accuracy 8 / 12 met price target | 52%upside $7.20 | Overweight Maintained | 13 Dec 2024 |
Financial journalist opinion
Positive
Seeking Alpha
22 hours ago
Inter Stock Offers Huge Upside With Huge Risks
Inter's proven profitable business model, rapid customer growth, and diversified financial ecosystem make it a compelling long-term investment despite recent stock declines due to Brazil's macroeconomic scenario. The bank's ambitious 60/30/30 target (60 million customers, 30% efficiency ratio, 30% ROE) is at least partially achievable due to strong client acquisition and service expansion. Inter's valuation is highly attractive, trading at a significant discount compared to peers like Nu Holdings, suggesting potential for substantial upside.
Positive
Seeking Alpha
1 week ago
My Top 3 Picks For 2035
My Top 3 Picks For 2035
Positive
Benzinga
1 month ago
Top 3 Financial Stocks That Could Lead To Your Biggest Gains In Q4
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Positive
Seeking Alpha
1 month ago
Inter & Co: The Road To Its Ambitious 2027 Plan Is Still On Track
Inter & Co's ambitious 60/30/30 plan aims for 60 million customers, a 30% efficiency ratio, and a 30% ROE by 2027, driving significant growth. To achieve its ambitious goals, INTR needs to grow its customer base by 72%, credit portfolio by 163%, and net profit by 223% through 2027. Inter & Co has reduced its efficiency ratio from 75% to 50.7% in two years, demonstrating solid progress in cost management and operational leverage.
Positive
Seeking Alpha
1 month ago
Inter & Co Q3: Recent Drop In Stock Is An Opportunity
Inter & Co's 3Q24 results were released on November 14, surpassing revenue estimates but missing earnings per share projections. The company's performance highlights strong revenue growth, indicating robust business operations despite the earnings miss. The analysis suggests optimism, recommending a close watch on upcoming quarters for better clarity on earnings stability.
Neutral
Seeking Alpha
2 months ago
Inter & Co, Inc. (INTR) Q3 2024 Earnings Call Transcript
Inter & Co, Inc. (NASDAQ:INTR ) Q3 2024 Earnings Conference Call November 14, 2024 1:00 PM ET Company Participants Joao Vitor Menin - Global Chief Executive Officer Alexandre Riccio - Brazil Chief Executive Officer Santiago Stel - Senior Vice President & Chief Financial Officer Rafaela Vitoria - Chief Economist & IRO Conference Call Participants Tito Labarta - Goldman Sachs Ricardo Buchpiguel - BTG Pedro Leduc - Itaú BBA Yuri Fernandes - JPMorgan Gustavo Schroden - Citi Neha Agarwala - HSBC Operator Good afternoon, and thank you for standing by. Welcome to Inter & Co's Third Quarter of 2024 Earnings Conference Call.
Neutral
GlobeNewsWire
2 months ago
Inter&Co Inc. Reports Another Record Net Income of R$260M, And Remains On Track On Its Long-Term Plan
MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 34.9 million customers, today reported financial results for the third quarter of 2024.
Positive
Zacks Investment Research
2 months ago
Inter & Co. Inc. (INTR) Q3 Earnings and Revenues Surpass Estimates
Inter & Co. Inc. (INTR) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.
Positive
Zacks Investment Research
2 months ago
Inter & Co. Inc. (INTR) Earnings Expected to Grow: What to Know Ahead of Q3 Release
Inter & Co. Inc. (INTR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
4 months ago
Inter & Co Q2: Excellent Results, Thesis Materializing
Inter & Co's net income surged 248% YoY, achieving a 10.4% ROE, indicating a resilient business model combining growth and profitability. The company's valuation appears attractive compared to peers, with a P/B of 2x and strong growth potential, supporting my buy recommendation. Despite some risks, including slower net investment income growth, Inter & Co's promising results and potential sector expansion make it a compelling investment.
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