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.
IPXL was given price targets by several analysts. The highest price target was 21, implying potential capital gains of 7.69 percent. The minimum price target given was 12, implying potential capital losses of -38.46 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -12.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.55 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.39 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, IPXL hit 31.85 at the highest peak, while it's lowest trading point was 7.75. The current market price is above the trailing year's low by 151.61 percent, 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.