LON:IPXImpax Asset Management Group Share Price, Forecast & News

GBX 392

+17.68 (+4.72 %)

(As of 06/2/2020 04:00 PM ET)

Add

Compare

Today's Range

373

Now: GBX 392▼

392

50-Day Range

340

MA: GBX 362.82▼

405

52-Week Range

191

Now: GBX 392▼

410

Volume42,769 shs

Average Volume93,587 shs

Market Capitalization£511.23 million

P/E Ratio32.40

Dividend Yield1.47%

BetaN/A

Impax Asset Management Group plc, through its subsidiaries, 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. 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.

Beat the Market (BTM) Rank^™

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 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 350, Impax Asset Management Group has a potential downside of 10.7% from its current price of GBX 392.
Amount of Analyst Coverage
Impax Asset Management Group has only been the subject of 1 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
Impax Asset Management Group has received 182 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Impax Asset Management Group has received 109 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Impax Asset Management Group has received 62.54% “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.

2.5 Dividend Strength

Dividend Leadership
Impax Asset Management Group is a leading dividend payer. It pays a dividend yield of 1.47%, 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 49.59 %. 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 not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Impax Asset Management Group are expected to decrease by -100.00% in the coming year, from GBX 1,386 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Impax Asset Management Group is 32.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Impax Asset Management Group is 32.40, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.01.
Price to Book Value per Share Ratio
Impax Asset Management Group has a P/B Ratio of 7.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.42 out of 5 stars

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

Debt

Debt-to-Equity Ratio11.92

Current Ratio2.06

Quick Ratio1.52

Price-To-Earnings

Trailing P/E Ratio32.40

Forward P/E Ratio0.28

P/E GrowthN/A

Sales & Book Value

Annual Sales£73.70 million

Price / Sales6.94

Cash FlowGBX 27.17 per share

Price / Cash Flow14.43

Book ValueGBX 52.10 per share

Price / Book7.52

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees137

Outstanding Shares130,415,000

Market Cap£511.23 million

Next Earnings DateN/A

OptionableNot Optionable

Receive IPX News and Ratings via Email

Sign-up to receive the latest news and ratings for IPX and its competitors with MarketBeat's FREE daily newsletter.

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

How has Impax Asset Management Group's stock 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. Since then, IPX stock has increased by 22.5% and is now trading at GBX 392. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Impax Asset Management Group?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Impax Asset Management Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Impax Asset Management Group.

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 Wednesday, December 4th. Investors of record on Thursday, February 20th will be given a dividend of GBX 4 per share on Friday, March 27th. This represents a yield of 1.34%. The ex-dividend date is Thursday, February 20th. This is a boost from Impax Asset Management Group's previous dividend of GBX 1.50. The official announcement can be accessed at this link. View Impax Asset Management Group's dividend history.

What price target have analysts set for IPX?

1 Wall Street analysts have issued 1 year target prices for Impax Asset Management Group's shares. Their forecasts range from GBX 350 to GBX 350. On average, they expect Impax Asset Management Group's stock price to reach GBX 350 in the next twelve months. This suggests that the stock has a possible downside of 10.7%. View analysts' price targets for Impax Asset Management Group.

Has Impax Asset Management Group been receiving favorable news coverage?

Headlines about IPX stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Impax Asset Management Group earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutImpax Asset Management Group.

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

Some companies that are related to Impax Asset Management Group include Worldwide Healthcare Trust (WWH), Pendal Group (PDL), Finsbury Growth & Income Trust (FGT), Close Brothers Group (CBG), Aware (ATCO), MFF Capital Investments (MFF), Caledonia Investments (CLDN), IOOF (IFL), Witan Investment Trust (WTAN), Mercantile Investment Trust (MRC), Perpetual (PPT), Syncona (SYNC), City of London Investment Trust (CTY), WAM Capital (WAM) and Murray International Trust (MYI). View all 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 CROWN CASTLE IN/SH SH (CCI), Corbus Pharmaceuticals (CRBP), Legal & General Group (LGEN), Raytheon Technologies (RTX), DS Smith (SMDS), Victrex (VCT), Aptose Biosciences (APTO), Apellis Pharmaceuticals (APLS), TSE:AND (AND) and Alnylam Pharmaceuticals (ALNY).

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 52)
Mr. Charles D Ridge, Chief Financial Officer (Age 55)
Mr. Zack Wilson, Group Gen. Counsel & Company Sec.
Ms. Anne Gilding, Head of Brand & Communications and Director
Ms. Roz Reid, Head of HR

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.

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

One share of IPX stock can currently be purchased for approximately GBX 392.

How big of a company is Impax Asset Management Group?

Impax Asset Management Group has a market capitalization of £511.23 million and generates £73.70 million in revenue each year. Impax Asset Management Group employs 137 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.

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 6/2/2020 by MarketBeat.com Staff