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.

Investment analysts gave a few price targets for IBTX. The maximum price target given was 75, which equates to a potential upside of 25 percent. The most pessimistic price target was 67, which equates to a potential downside of 11.67 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.11 percent. That number becomes 0.55 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.71 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.

The growth rate of IBTX's earnings is estimated by analysts to be 13.07 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. IBTX has a PEG ratio of 1.52.

IBTX has a 52-week high of 66.85 and a 52-week low of 40.39. Today's price is 48.55 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.