LON:IPX

Impax Asset Management Group Share Forecast, Price & News

GBX 1,160

-48.00 (-3.97 %)

(As of 06/18/2021 12:00 AM ET)

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Today's Range

1,150

▼

1,226

50-Day Range

905

▼

1,208

52-Week Range

331.95

▼

1,226

Volume212,688 shs

Average Volume155,835 shs

Market Capitalization£1.54 billion

P/E Ratio69.46

Dividend Yield0.86%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Impax Asset Management Group

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.

Impax Asset Management Group (LON:IPX) Hits New 12-Month High at $1,168.00
June 15, 2021 | americanbankingnews.com

Here's Why I Think Impax Asset Management Group (LON:IPX) Might Deserve Your Attention Today
June 10, 2021 | finance.yahoo.com

Impax Asset Management Group (LON:IPX) Reaches New 12-Month High at $1,152.69
June 1, 2021 | americanbankingnews.com

Impax Asset Management Group's (IPX) "Buy" Rating Reaffirmed at Peel Hunt
May 27, 2021 | americanbankingnews.com

Impax Asset Management Group (LON:IPX) Earns Buy Rating from Peel Hunt
May 27, 2021 | americanbankingnews.com

Impax Asset Management Group plc Declares Dividend of GBX 3.60 (LON:IPX)
May 27, 2021 | americanbankingnews.com

Impax Asset Management Group (LON:IPX) Price Target Raised to GBX 1,310 at Berenberg Bank
May 27, 2021 | americanbankingnews.com

Impax Asset Management says assets top GBP30 billion for first time
April 9, 2021 | lse.co.uk

Impax Asset Management Group (LSE:IPX)
March 20, 2021 | fool.co.uk

Fund Managers Press Companies to Address Women’s Job Losses
March 12, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange LON
Industry Asset Management
Sub-IndustryN/A
SectorFinance
Current SymbolLON:IPX
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.impaxam.com
Phone+44-20-74341122
Employees171
Year FoundedN/A

Sales & Book Value

Annual Sales£106.91 million
Price / Sales14.39
Cash FlowGBX 33.51 per share
Price / Cash Flow34.61
Book ValueGBX 63.10 per share
Price / Book18.38

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares132,597,000
Market Cap£1.54 billion
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.11 out of 5 stars

1.5 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,223.33, Impax Asset Management Group has a forecasted upside of 5.5% from its current price of GBX 1,160.
Amount of Analyst Coverage
Impax Asset Management Group has only been the subject of 3 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
Impax Asset Management Group has received 188 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Impax Asset Management Group has received 110 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Impax Asset Management Group has received 63.09% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Impax Asset Management Group and other stocks. Vote “Outperform” if you believe IPX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IPX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Impax Asset Management Group has a dividend yield of 0.86%, which is in the bottom 25% of all stocks that pay dividends.
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 0.51%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Impax Asset Management Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £12,780 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Impax Asset Management Group is 69.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 30.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Impax Asset Management Group is 69.46, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.49.
Price to Book Value per Share Ratio
Impax Asset Management Group has a P/B Ratio of 18.38. 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

Impax Asset Management Group (LON:IPX) Frequently Asked Questions

Is Impax Asset Management Group a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Impax Asset Management Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Impax Asset Management Group stock.
View analyst ratings for Impax Asset Management Group or view top-rated stocks.

What stocks does MarketBeat like better than Impax Asset Management Group?

Wall Street analysts have given Impax Asset Management Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Impax Asset Management Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Impax Asset Management Group's stock price been impacted by COVID-19 (Coronavirus)?

Impax Asset Management Group's stock was trading at GBX 320 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IPX shares have increased by 262.5% and is now trading at GBX 1,160.
View which stocks have been most impacted by COVID-19.

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 Thursday, May 27th. Investors of record on Thursday, June 10th will be given a dividend of GBX 3.60 per share on Friday, July 16th. This represents a yield of 0.33%. The ex-dividend date of this dividend is Thursday, June 10th. The official announcement can be seen at this link.
View Impax Asset Management Group's dividend history.

Is Impax Asset Management Group a good dividend stock?

Impax Asset Management Group pays an annual dividend of GBX 0.09 per share and currently has a dividend yield of 0.86%. The dividend payout ratio of Impax Asset Management Group is 0.51%. This payout ratio is at a healthy, sustainable level, below 75%.
View Impax Asset Management Group's dividend history.

What price target have analysts set for IPX?

3 Wall Street analysts have issued 1 year price objectives for Impax Asset Management Group's shares. Their forecasts range from GBX 1,180 to GBX 1,310. On average, they expect Impax Asset Management Group's share price to reach GBX 1,223.33 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for Impax Asset Management Group or view top-rated stocks among Wall Street analysts.

Who are Impax Asset Management Group's key executives?

Impax Asset Management Group's management team includes the following people:

Mr. Ian Richard Simm, Founder, Chief Exec., MD & Exec. Director (Age 54, Pay $1.41M)
Mr. Charles D. Ridge, Exec. Director & CFO (Age 57)
Mr. Zack Wilson, Exec. Director, Group Gen. Counsel & Company Sec.
Paul French, Corp. Communications Director
Ms. Meg Brown, Exec. Director of Marketing & Bus. Devel.
Ms. Fiona Anderson, Exec. Director & Global Head of HR
Mr. Bruce Jenkyn-Jones, Exec. Director & Co-Head of Listed Equities business (Age 55)
Mr. Peter Van Egmond Rossbach, Managing Director of Private Equity Infrastructure (Age 62)
Mr. Hubert Aarts, Exec. Director & Co-Head of the Listed Equity business (Age 50)
Mr. Jonathan Michael Forster, MD & Sr. Portfolio Mang. (Age 50)

Who are some of Impax Asset Management Group's key competitors?

Some companies that are related to Impax Asset Management Group include Intermediate Capital Group (ICP), Octagonal Plc (OCT.L) (OCT), Norbord (OSB), F&C Investment Trust (FCIT), CI Financial (CIX), RIT Capital Partners (RCP), Brookfield Infrastructure (BIPC), HICL Infrastructure (HICL), Old Mutual (OMU), Monks Investment Trust (MNKS), Alliance Trust (ATST), Ashmore Group (ASHM), International Public Partnerships (INPP), Smithson Investment Trust (SSON) and FS KKR Capital (FSK).
View all of IPX's competitors.

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).

What is Impax Asset Management Group's stock symbol?

Impax Asset Management Group trades on the London Stock Exchange (LON) under the ticker symbol "IPX."

How do I buy shares of Impax Asset Management Group?

Shares of IPX 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.

What is Impax Asset Management Group's stock price today?

One share of IPX stock can currently be purchased for approximately GBX 1,160.

How much money does Impax Asset Management Group make?

Impax Asset Management Group has a market capitalization of £1.54 billion and generates £106.91 million in revenue each year.

How many employees does Impax Asset Management Group have?

Impax Asset Management Group employs 171 workers across the globe.

What is Impax Asset Management Group's official website?

The official website for Impax Asset Management Group is www.impaxam.com.

Where are Impax Asset Management Group's headquarters?

Impax Asset Management Group is headquartered at Norfolk House, 31 St. James's Square, LONDON, SW1Y 4JR, United Kingdom.

How can I contact Impax Asset Management Group?

Impax Asset Management Group's mailing address is Norfolk House, 31 St. James's Square, LONDON, SW1Y 4JR, United Kingdom. The company can be reached via phone at +44-20-74341122.

This page was last updated on 6/19/2021 by MarketBeat.com Staff

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