Independent Stock Today

Equity ratings for Independent Bk Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2021 and ending today, the 6th of December 2021. Click here to learn more.
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Independent Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Independent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Independent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Independent Bk Corp is not yet fully synchronised with the market data
Independent Bk Corp has some characteristics of a very speculative penny stock
Over 83.0% of the company shares are owned by institutional investors
Independent Fama & French Banking
Banking
Fama & French Classification
Independent Bk Corp SEC Filings
Independent SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameIndependent Bk Corp
CEOChristopher Oddleifson  (View All)
Average Analyst Recommendation
Analysts covering Independent report their recommendations after researching Independent's financial statements, talking to executives and customers, or listening in on Independent's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Independent Bk Corp. The Independent consensus assessment is calculated by taking the average forecast from all of the analysts covering Independent.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Independent Bk Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Independent Bk Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares32.5 M33.3 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted32.5 M33.3 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations92.7 M64.6 M
Way Up
Increasing
Slightly volatile
Total Assets11.4 B13.2 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities10 B11.5 B
Fairly Down
Increasing
Slightly volatile
Total Debt259.7 M181.1 M
Way Up
Decreasing
Slightly volatile
Return on Average Assets0.01060.009
Fairly Up
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.03480.033
Notably Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Independent's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Independent Bk Corp (INDB) is traded on NASDAQ Exchange in USA. It is located in 2036 Washington Street, Hanover, MA 02339, United States and employs 1,432 people. Independent is listed under Banking category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Independent's market, we take the total number of its shares issued and multiply it by Independent's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Independent Bk Corp conducts business under Financial Services sector and is part of Banks—Regional industry. The entity has 33.03 M outstanding shares of which 1.32 M shares are currently shorted by private and institutional investors with about 7.39 trading days to cover. Independent Bk Corp currently holds about 1.9 B in cash with 142.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 57.37.
Check Independent Probability Of Bankruptcy

Independent Stock Against Markets

Picking the right benchmark for Independent stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Independent stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Independent is critical whether you are bullish or bearish towards Independent Bk Corp at a given time.
Independent Bk Corp cannot be verified against its exchange. It appears that Independent is not available for investing at the moment. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Independent stock to make a market-neutral strategy. Peer analysis of Independent could also be used in its relative valuation, which is a method of valuing Independent by comparing valuation metrics with similar companies.

Independent Corporate Directors

Independent corporate directors refer to members of an Independent board of directors. The board of directors generally takes responsibility for the Independent's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Independent's board members must vote for the resolution. The Independent board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
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Check out Risk vs Return Analysis. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for Independent Stock

When running Independent Bk Corp price analysis, check to measure Independent'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 is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
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