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, which equates to a potential upside of 27.9 percent. The most pessimistic price target was 75, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their 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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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.
IOSP has traded between a high of 74.75 and a low of 49.54 over the past year. The current market price is above the trailing year's low by 26.26 percent, and below the high by 16.32 percent. 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.