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 highest price target was 105, implying potential capital gains of 6.6 percent. The lowest price target was 89, implying potential capital losses of -9.64 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.58 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.46 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.46 percent in FY estimates.
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 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
The growth rate of IPCC's earnings is estimated by analysts to be 6.32 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of IPCC is 3.75.
In the trailing 52-weeks, IPCC hit 101.70 at the highest peak, while it's lowest trading point was 73.80. Currently the stock is 33.47 percent higher than its low, and below the high by 3.15 percent. 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 market cap of IPCC is $1.09 billion. IPCC will post this quarters earnings in days, on 0000-00-00.