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.
Many analysts weighed in on price targets for IOSP. The maximum price target given was 80, implying a possible profit of 27.9 percent. The most pessimistic analyst gave a price target of 75, implying potential capital losses of 19.9 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 0.93 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.21 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of IOSP's earnings is estimated by analysts to be 24.92 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of IOSP is 0.77.
IOSP has a 52-week high of 74.75 and a 52-week 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 P/E 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 stock has a market capitalization of $1.53 billion. IOSP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.