Analyst Ratings for Impax Laboratories Inc. (IPXL)Updated: 2017-07-27
An average rating of Hold has been given to Impax Laboratories Inc. (NASDAQ:IPXL) by analysts covering the stock. A consensus rating of Hold was previously issued for IPXL last month.
3 analysts declared IPXL a buy, 0 gave an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 1 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. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Many analysts weighed in on price targets for IPXL. The most optimistic price target was 21, implying potential capital gains of 7.69 percent. The minimum price target given was 12, implying a possible loss of -38.46 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -12.5 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.55 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.39 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, IPXL has achieved a high of 31.85 and a low of 7.75. Today's price is 151.61 percent above the 52-week low, and below the high by 38.78 percent. IPXL has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The IPXL value stock report compares IPXL to some of its peers using value stock charts. The stock has a market capitalization of $1.46 billion. IPXL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.