Analyst Ratings for Innospec Inc. (IOSP)Updated: 2017-07-27
Shares of Innospec Inc. (NASDAQ:IOSP) have received a consensus rating of Overweight from Wall Street analysts. Last month, IOSP received an average rating of Overweight.
3 analysts issued ratings on the stock, where 2 gave IOSP a buy rating, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for IOSP. The most optimistic price target was 80, implying potential capital gains of 27.9 percent. The most pessimistic price target was 75, which equates to a potential downside of 19.9 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 0.93 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 2.21 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of IOSP's earnings is estimated by analysts to be 24.92 percent. People on Wall Street often look at a company's 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. IOSP has a PEG ratio of 0.77.
In the last 52-weeks, IOSP has achieved a high of 74.75 and a low of 49.54. Today's price is 26.26 percent above the 52-week low, and 16.32 percent lower than its 52-week high. IOSP has a price/earnings ratio of 19.25. Investors typically compare the P/E ratio to a company's peers in the industry. The IOSP value stock report compares IOSP to some of its peers using value stock charts. The market cap of IOSP is $1.53 billion. IOSP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.