Analyst Ratings for Infinity Property & Casualty Corp. (IPCC)Updated: 2017-07-27
Infinity Property & Casualty Corp. (NASDAQ:IPCC) was awarded an average rating of Hold from investment analysts following the stock. Last month, IPCC received an average rating of Hold.
4 analysts issued ratings on the stock, where 0 gave IPCC a buy rating, 1 issued an overweight rating, 2 gave a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
IPCC was given price targets by several analysts. The most optimistic analyst gave a price target of 105, implying potential capital gains of 6.6 percent. The minimum price target given was 89, implying potential capital losses of -9.64 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.58 percent on average, compared to last month. That number becomes -4.56 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.46 percent. If we look at the last 90 days instead, we find a net average change of -0.46 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of IPCC's earnings is estimated by analysts to be 6.32 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. IPCC has a PEG ratio of 3.75.
In the last 52-weeks, IPCC has achieved a high of 101.70 and a low of 73.80. Currently the stock is 33.47 percent higher than its low, and 3.15 percent lower than its 52-week high. IPCC has a price/earnings ratio of 23.73. Investors typically compare the P/E ratio to a company's peers in the industry. The IPCC value stock report compares IPCC to some of its peers using value stock charts. The stock has a market capitalization of $1.09 billion. IPCC will post this quarters earnings in days, on 0000-00-00.