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.
Investment analysts gave a few price targets for IOSP. The most optimistic analyst gave a price target of 80, which equates to a potential upside of 27.9 percent. The lowest price target was 75, implying potential capital losses of 19.9 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. If we look at the last 90 days instead, we find a net average change of 2.21 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 26.26 percent above the 52-week low, and below the high by 16.32 percent. 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 market cap of IOSP is $1.53 billion. IOSP's next earnings release will be on 0000-00-00, which is days away.