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 highest price target was 75, which equates to a potential upside of 25 percent. The minimum price target given was 67, implying potential capital losses of 11.67 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.71 percent, as compared to a month ago. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.

Analysts estimate earnings of IBTX to grow at a rate of 13.07 percent. Another measure frequently examined by investors is 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. IBTX has a PEG ratio of 1.52.

In the trailing 52-weeks, IBTX hit 66.85 at the highest peak, while it's lowest trading point was 40.39. Currently the stock is 48.55 percent higher than its low, and below the high by 10.25 percent. IBTX has a P/E 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 stock has a market capitalization of $1.67 billion. IBTX's next earnings release will be on 0000-00-00, which is days away.