Analyst Ratings for Independent Bank Group Inc. (IBTX)

Updated: 2017-07-28

Analysts covering Independent Bank Group Inc. (NASDAQ:IBTX) have given it a consensus rating of Overweight. IBTX had previously received a consensus rating of Overweight a month ago.

4 analysts declared IBTX a buy, 1 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

IBTX was given price targets by several analysts. The maximum price target given was 75, which equates to a potential upside of 25 percent. The lowest price target was 67, implying a possible loss of 11.67 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.11 percent. The average change in earnings estimates over the last 90 days is 0.55 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.71 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of IBTX to grow at a rate of 13.07 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of IBTX is 1.52.

IBTX has a 52-week high of 66.85 and a 52-week low of 40.39. Currently the stock is 48.55 percent higher than its low, and below the high by 10.25 percent. IBTX has a price/earnings ratio of 19.81. Investors typically compare the P/E ratio to a company's peers in the industry. The IBTX value stock report compares IBTX to some of its peers using value stock charts. The market cap of IBTX is $1.67 billion. IBTX's next earnings release will be on 0000-00-00, which is days away.