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 most optimistic analyst gave a price target of 75, implying potential capital gains of 25 percent. The most pessimistic analyst gave a price target of 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.11 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.55 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.71 percent. If we look at the last 90 days instead, we find a net average change of -1 percent in FY estimates.

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 made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

IBTX has an estimated earnings growth rate of 13.07 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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 10.25 percent lower than its 52-week high. 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 stock has a market capitalization of $1.67 billion. IBTX's next earnings release will be on 0000-00-00, which is days away.