Analyst Ratings for INC Research Holdings Inc. Cl A (INCR)Updated: 2017-07-26
Analysts covering INC Research Holdings Inc. Cl A (NASDAQ:INCR) have given it a consensus rating of Overweight. INCR had previously received a consensus rating of Overweight a month ago.
10 analysts issued ratings on the stock, where 3 gave INCR a buy rating, 2 issued an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
INCR was given price targets by several analysts. The highest price target was 68, implying a possible profit of 20.57 percent. The most pessimistic price target was 55, which equates to a potential downside of -2.48 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -3.23 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 upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.06 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
INCR has an estimated earnings growth rate of 13.59 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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. The PEG ratio of INCR is 1.99.
INCR has traded between a high of 61.10 and a low of 40.65 over the past year. Today's price is 38.75 percent above the 52-week low, and below the high by 7.69 percent. INCR has a P/E ratio of 26.99. Investors typically compare the P/E ratio to a company's peers in the industry. The INCR value stock report compares INCR to some of its peers using value stock charts. The market cap of INCR is $3.07 billion. INCR's next earnings release will be on 0000-00-00, which is days away.