Impax Asset Management Group (IPX) Share Price, News & Analysis

Company Overview

Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally. We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well positioned companies and create risks for those unable or unwilling to adapt. Fundamental analysis which incorporates long term risks, including environmental, social and governance (ESG) factors, enhances investment decisions. We invest in companies and assets that are well positioned to benefit from the shift to a more sustainable global economy. We seek higher quality companies with strong business models that demonstrate sound management of risk. We offer a well-rounded suite of investment solutions spanning multiple asset classes aiming to deliver superior risk adjusted returns over the medium to long term. Across our investment portfolios we seek higher quality companies with strong business models and governance.

Key Stats

• Today's Range: 86.50 to 89.80
• 50-Day Range: 87.30 to 110.20
• 52-Week Range: 86.50 to 202.06
• Volume: 846,899 shs
• Average Volume: 757,277 shs
• Market Capitalization: £106.07 million
• P/E Ratio: 8.31
• Dividend Yield: 11.12%
• Price Target: GBX 135
• Consensus Rating: Buy

Impax Asset Management Group Stock Analysis - MarketRank™

Impax Asset Management Group scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Impax Asset Management Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Impax Asset Management Group has a consensus price target of GBX 135, representing about 54.6% upside from its current price of GBX 87.30.

Amount of Analyst Coverage

Impax Asset Management Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Impax Asset Management Group is 8.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Impax Asset Management Group is 8.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.73.

Price to Earnings Growth Ratio

Impax Asset Management Group has a PEG Ratio of 5.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Impax Asset Management Group has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IPX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Impax Asset Management Group is a leading dividend payer. It pays a dividend yield of 11.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Impax Asset Management Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Impax Asset Management Group is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Impax Asset Management Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Impax Asset Management Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

42.84% of the stock of Impax Asset Management Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

20.29% of the stock of Impax Asset Management Group is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: LON:IPX
• CIK: N/A
• Web: www.impaxam.com
• Phone: +44-20-74341122
• Fax: N/A
• Employees: 300
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Impax Asset Management Group: GBX 135
• High Price Target: GBX 135
• Low Price Target: GBX 135
• Potential Upside/Downside: +54.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 10.50
• Trailing P/E Ratio: 8.31
• Forward P/E Ratio: N/A
• P/E Growth: 5.05
• Net Income: £39.55 million
• Net Margins: 10.53%
• Pretax Margin: N/A
• Return on Equity: 11.90%
• Return on Assets: 20.72%

Debt

• Debt-to-Equity Ratio: 4.53
• Current Ratio: 46.93
• Quick Ratio: 2.26

Sales & Book Value

• Annual Sales: £124.22 million
• Price / Sales: 0.85
• Cash Flow: GBX 11 per share
• Price / Cash Flow: 7.94
• Book Value: GBX 100.65 per share
• Price / Book: 0.87

Miscellaneous

• Outstanding Shares: 121,498,000
• Free Float: N/A
• Market Cap: £106.07 million
• Optionable: Not Optionable
• Beta: 1.33