IHS Holding Limited (NYSE:IHS) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts give IHS an average rating of Hold — of nine firms covering the stock, two rate it sell, four hold and three buy, with a 1‑year average price target of $9.61.
• Recent research moves are mixed: several downgrades (New Street and TD Cowen cut to hold, with TD Cowen trimming its target from $17 to $8.50; Weiss moved to sell) while some boutiques (e.g., Wall Street Zen) upgraded to strong‑buy, leaving sentiment fragmented.
• Shares trade at $8.26 (12‑month range $4.20–$8.95) with a market cap of about $2.77B; the company reported a quarterly EPS of ($0.23) and analysts project –5.58 EPS for the fiscal year, while the balance sheet shows a high debt‑to‑equity ratio (~96%) and recent insider selling.

Shares of IHS Holding Limited (NYSE:IHS - Get Free Report) have earned an average recommendation of "Hold" from the nine research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $9.6071.

Several equities research analysts recently weighed in on the company. New Street Research cut IHS from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 19th. Wall Street Zen raised IHS from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 14th. TD Cowen cut shares of IHS from a "buy" rating to a "hold" rating and cut their target price for the stock from $17.00 to $8.50 in a report on Wednesday, February 18th. Weiss Ratings cut shares of IHS from a "hold (c)" rating to a "sell (d+)" rating in a research report on Monday, March 23rd. Finally, Williams Trading set a $8.50 price target on shares of IHS in a report on Wednesday, February 18th.

IHS Stock Performance

Shares of IHS stock traded up $0.03 on Tuesday, hitting $8.26. 150,553 shares of the company traded hands, compared to its average volume of 2,042,057. IHS has a 12-month low of $4.20 and a 12-month high of $8.95. The company has a debt-to-equity ratio of 96.14, a quick ratio of 2.05 and a current ratio of 2.08. The stock has a market cap of $2.77 billion, a P/E ratio of 20.13 and a beta of 0.85.

IHS (NYSE:IHS - Get Free Report) last released its earnings results on Saturday, February 14th. The business services provider reported ($0.23) earnings per share for the quarter. IHS had a negative return on equity of 661.41% and a net margin of 8.12%.The firm had revenue of $397.80 million during the quarter. On average, equities research analysts expect that IHS will post -5.58 earnings per share for the current fiscal year.

Insider Buying and Selling at IHS

In other IHS news, EVP Mohamad Darwish sold 16,153 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $8.18, for a total transaction of $132,131.54. Following the completion of the transaction, the executive vice president owned 291,736 shares of the company's stock, valued at $2,386,400.48. This represents a 5.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Stephen J. Howden sold 39,612 shares of IHS stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $8.17, for a total transaction of $323,630.04. Following the completion of the sale, the executive vice president owned 309,847 shares in the company, valued at approximately $2,531,449.99. This trade represents a 11.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 142,558 shares of company stock valued at $1,165,728 in the last 90 days. Insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On IHS

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Helikon Investments Ltd boosted its stake in IHS by 81.2% in the 4th quarter. Helikon Investments Ltd now owns 8,780,288 shares of the business services provider's stock worth $65,501,000 after purchasing an additional 3,934,727 shares during the period. Quaker Capital Investments LLC grew its stake in IHS by 7.2% during the fourth quarter. Quaker Capital Investments LLC now owns 4,683,904 shares of the business services provider's stock valued at $34,942,000 after acquiring an additional 314,501 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in IHS by 0.7% in the 4th quarter. JPMorgan Chase & Co. now owns 3,321,835 shares of the business services provider's stock valued at $24,781,000 after acquiring an additional 21,468 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in IHS by 1.7% in the 4th quarter. BNP Paribas Financial Markets now owns 2,540,472 shares of the business services provider's stock worth $18,952,000 after purchasing an additional 42,374 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in IHS by 39.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,557,264 shares of the business services provider's stock worth $10,621,000 after purchasing an additional 443,837 shares in the last quarter. 17.54% of the stock is owned by institutional investors.

IHS Company Profile

IHS Inc develops source of information, insight and analytics in different areas of business. The Company's segments include Resources, Transportation and Consolidated Markets & Solutions. The Company's Resources segment includes its Energy and Chemicals product offerings. Its Transportation segment includes its Automotive; Maritime & Trade, and Aerospace, Defense & Security product offerings. Its Consolidated Markets & Solutions segment includes its Product Design; Technology, Media & Telecom, and Economics & Country Risk product offerings.

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