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.
Several price targets were given for IPXL by the analysts covering the stock. The maximum price target given was 21, implying a possible profit of 7.69 percent. The minimum price target given was 12, implying a possible loss of -38.46 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -12.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.55 percent, as compared to a month ago. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
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 38.78 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.