Should I buy or sell Impax Asset Management Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Impax Asset Management Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IPX shares. View IPX analyst ratings or view top-rated stocks .

What is Impax Asset Management Group's stock price target for 2024?

1 brokers have issued 12-month target prices for Impax Asset Management Group's stock. Their IPX share price targets range from GBX 700 to GBX 700. On average, they anticipate the company's share price to reach GBX 700 in the next year. This suggests a possible upside of 53.2% from the stock's current price. View analysts price targets for IPX or view top-rated stocks among Wall Street analysts .

How have IPX shares performed in 2024?

Impax Asset Management Group's stock was trading at GBX 550 at the start of the year. Since then, IPX stock has decreased by 16.9% and is now trading at GBX 457. View the best growth stocks for 2024 here .

How often does Impax Asset Management Group pay dividends? What is the dividend yield for Impax Asset Management Group?

Impax Asset Management Group announced a dividend on Friday, November 29th. Investors of record on Thursday, February 8th will be given a dividend of GBX 22.90 per share on Friday, March 22nd. This represents a dividend yield of 5.08%. The ex-dividend date is Thursday, February 8th. This is a positive change from the stock's previous dividend of GBX 4.70. The official announcement can be seen at this link . Read our dividend analysis for IPX .

Is Impax Asset Management Group a good dividend stock?

Impax Asset Management Group (LON:IPX) pays an annual dividend of GBX 28 per share and currently has a dividend yield of 5.91%. IPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for IPX .

What other stocks do shareholders of Impax Asset Management Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Impax Asset Management Group investors own include Corbus Pharmaceuticals (CRBP) , Legal & General Group (LGEN) , DS Smith (SMDS) , Victrex (VCT) , Andlauer Healthcare Group (AND) , Alnylam Pharmaceuticals (ALNY) , Ashtead Group (AHT) , Agenus (AGEN) , Affimed (AFMD) and AerCap (AER) .

How do I buy shares of Impax Asset Management Group?

Shares of IPX stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:IPX

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

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GBX 465

+8.00 (+1.75%)

(As of 03:08 AM ET)

Compare

Today's Range: 465
▼
465
50-Day Range: 432
▼
529
52-Week Range: 350
▼
871

Volume: 19,492 shs
Average Volume: 198,924 shs
Market Capitalization: £596.69 million

P/E Ratio: 1,550.00
Dividend Yield: 6.02%
Price Target: GBX 700

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Impax Asset Management Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 53.2% Upside
GBX 700 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.51
Based on 3 Articles This Week
Insider Trading: Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

3.5

Analyst's Opinion

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 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Impax Asset Management Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for IPX.

1.7

Dividend Strength

Dividend Leadership
Impax Asset Management Group is a leading dividend payer. It pays a dividend yield of 5.91%, 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 9,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IPX.

2.5

News and Social Media Coverage

News Sentiment
Impax Asset Management Group has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Impax Asset Management Group this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Impax Asset Management Group insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought £82,500 in company stock and sold £87,001.74 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.
Percentage Held by Insiders
19.47% 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
67.45% of the stock of Impax Asset Management Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Impax Asset Management Group is 1,523.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Impax Asset Management Group is 1,523.33, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 438.17.
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 4.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Impax Asset Management Group Stock (LON:IPX)

Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors. It employs both fundamental to make its investments. The company was formerly known as Impax Group plc and changed its name to Impax Asset Management Group plc in October 2009. Impax Asset Management Group plc was founded in 1998 and is based in London, the United Kingdom.

IPX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IPX Stock News Headlines

April 6, 2024 | insidertrades.com

Impax Asset Management Group Plc (LON:IPX) Insider Julia Bond Acquires 5,500 Shares

March 27, 2024 | insidertrades.com

Insider Buying: Impax Asset Management Group Plc (LON:IPX) Insider Buys 13,000 Shares of Stock

April 18, 2024 | DTI (Ad)

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April 17, 2024 | morningstar.com

Impax Asset Management Group PLC

April 17, 2024 | americanbankingnews.com

Impax Asset Management Group (LON:IPX) Stock Price Passes Above Fifty Day Moving Average of $469.41

April 11, 2024 | msn.com

ESG Industry Will Withstand a Trump Victory, Impax CEO Says

April 10, 2024 | americanbankingnews.com

Impax Asset Management Group (LON:IPX) Receives Buy Rating from Berenberg Bank

March 26, 2024 | lse.co.uk

DIRECTOR DEALINGS: Coca-Cola HBC CEO sells GBP375,000 in shares

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

March 18, 2024 | msn.com

Axe Management Partners Completes Purchase of Three Osaka Hotels from CapitaLand Ascott Trust

March 15, 2024 | finance.yahoo.com

Impax Asset Management Group Plc (IPX.L)

March 12, 2024 | msn.com

Impax posts rise in assets under management despite ESG exodus

February 21, 2024 | bloomberg.com

Commercial Bank International adopts Bloomberg MARS as primary risk management system

February 18, 2024 | msn.com

If this company is selling at 60% off with a 5% yield, I’m buying it for passive income

February 6, 2024 | msn.com

ADDED, HYCAP Group team up to establish Industrial Complex in Abu Dhabi

January 15, 2024 | finance.yahoo.com

Investing in Impax Asset Management Group (LON:IPX) five years ago would have delivered you a 215% gain

January 14, 2024 | finance.yahoo.com

The Green Investor Calling Out Biden’s Climate Law for Enriching Bankers and Consultants

November 29, 2023 | marketwatch.com

Impax Asset Management Says Costs Weighed on Profit; Names New Chair

November 29, 2023 | lse.co.uk

Impax Asset Management profit plunges on higher costs

November 5, 2023 | morningstar.com

Impax Asset Management Group PLC IPX

October 25, 2023 | uk.investing.com

Impax Asset Management Group Plc (IPX)

October 9, 2023 | markets.businessinsider.com

Impax Asset Management Q3 AUM Up YoY, Down Sequentially; Stock Dips

October 4, 2023 | finance.yahoo.com

3 Pax World Funds to Buy for Steady Returns

September 6, 2023 | fool.com

Impax Asset Management Group Plc (LSE: IPX)

August 8, 2023 | finance.yahoo.com

Impax Asset Management Group's (LON:IPX) investors will be pleased with their impressive 142% return over the last five years

July 10, 2023 | marketwatch.com

Impax Asset Management 3Q Assets Under Management Slipped

May 31, 2023 | uk.finance.yahoo.com

IPX.L - Impax Asset Management Group plc

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Company Calendar

Ex-Dividend for 3/22 Dividend: 2/08/2024
Dividend Payable: 3/22/2024
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Financial Services
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: LON:IPX
CUSIP: N/A
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 Stock Price Target: GBX 700
High Stock Price Target: GBX 700
Low Stock Price Target: GBX 700
Potential Upside/Downside: +53.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.30
Trailing P/E Ratio: 1,523.33
Forward P/E Ratio: 13.74
P/E Growth: 5.05
Net Income: £39.22 million
Net Margins: 21.99%
Pretax Margin: N/A
Return on Equity: 28.82%
Return on Assets: 17.30%

Debt

Debt-to-Equity Ratio: 6.53
Current Ratio: 3.15
Quick Ratio: 2.26

Sales & Book Value

Annual Sales: £178.37 million
Price / Sales: 3.29
Cash Flow: GBX 57.56 per share
Price / Cash Flow: 7.94
Book Value: GBX 104 per share
Price / Book: 4.39

Miscellaneous

Outstanding Shares: 128,320,000
Free Float: N/A
Market Cap: £586.42 million
Optionable: Not Optionable
Beta: 1.51

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Key Executives

Mr. Ian Richard Simm (Age 58)
Founder, Chief Executive, MD & Executive Director
Comp: $1.53M
Ms. Karen Josephine Cockburn (Age 56)
CFO & Executive Director
Comp: $482.68k
Mr. Darren Johnson
Global COO & Executive Director
Mr. Bruce Jenkyn-Jones (Age 58)
Chief Investment Officer of Listed Investments & Executive Director
Mr. Zack Wilson
Executive Director, Group General Counsel & Company Secretary
Paul French
Head of Corporate Communications
Mr. Jonathan Michael Forster (Age 53)
MD & Senior Portfolio Manager
Mr. Daniel Gunter von Preyss (Age 61)
Executive Director & Head of Private Equity Infrastructure (Europe)
Mr. Simon Higgo
MD and Head of Investment Risk & Process
Mr. Michael Landymore
Senior Portfolio Manager & MD

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

IPX Stock Analysis - Frequently Asked Questions

Should I buy or sell Impax Asset Management Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Impax Asset Management Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IPX shares.
View IPX analyst ratings or view top-rated stocks.
What is Impax Asset Management Group's stock price target for 2024?: 1 brokers have issued 12-month target prices for Impax Asset Management Group's stock. Their IPX share price targets range from GBX 700 to GBX 700. On average, they anticipate the company's share price to reach GBX 700 in the next year. This suggests a possible upside of 53.2% from the stock's current price.
View analysts price targets for IPX or view top-rated stocks among Wall Street analysts.
How have IPX shares performed in 2024?: Impax Asset Management Group's stock was trading at GBX 550 at the start of the year. Since then, IPX stock has decreased by 16.9% and is now trading at GBX 457.
View the best growth stocks for 2024 here.
How often does Impax Asset Management Group pay dividends? What is the dividend yield for Impax Asset Management Group?: Impax Asset Management Group announced a dividend on Friday, November 29th. Investors of record on Thursday, February 8th will be given a dividend of GBX 22.90 per share on Friday, March 22nd. This represents a dividend yield of 5.08%. The ex-dividend date is Thursday, February 8th. This is a positive change from the stock's previous dividend of GBX 4.70. The official announcement can be seen at this link.
Read our dividend analysis for IPX.

Is Impax Asset Management Group a good dividend stock?: Impax Asset Management Group (LON:IPX) pays an annual dividend of GBX 28 per share and currently has a dividend yield of 5.91%. IPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for IPX.
What other stocks do shareholders of Impax Asset Management Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Impax Asset Management Group investors own include Corbus Pharmaceuticals (CRBP), Legal & General Group (LGEN), DS Smith (SMDS), Victrex (VCT), Andlauer Healthcare Group (AND), Alnylam Pharmaceuticals (ALNY), Ashtead Group (AHT), Agenus (AGEN), Affimed (AFMD) and AerCap (AER).
How do I buy shares of Impax Asset Management Group?: Shares of IPX stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:IPX) was last updated on 4/18/2024 by MarketBeat.com Staff

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

Impax Asset Management Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Impax Asset Management Group Stock (LON:IPX)

IPX Stock Price History

IPX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IPX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™