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.
Investment analysts gave a few price targets for INCR. The highest price target was 68, implying potential capital gains of 20.57 percent. The most pessimistic price target was 55, implying potential capital losses of -2.48 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.23 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.06 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
INCR has an estimated earnings growth rate of 13.59 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. 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. People often look for the PEG ratio to be under 1, 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 a 52-week high of 61.10 and a 52-week low of 40.65. Currently the stock is 38.75 percent higher than its low, and 7.69 percent below the high. INCR has a price/earnings 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 stock has a market capitalization of $3.07 billion. INCR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.