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 maximum price target given was 68, which equates to a potential upside of 20.57 percent. The minimum price target given was 55, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of INCR to grow at a rate of 13.59 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of INCR is 1.99.
In the trailing 52-weeks, INCR hit 61.10 at the highest peak, while it's lowest trading point was 40.65. Currently the stock is 38.75 percent higher than its low, and below the high by 7.69 percent. 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's next earnings release will be on 0000-00-00, which is days away.