Impax Laboratories Company Profile (NASDAQ:IPXL)

About Impax Laboratories (NASDAQ:IPXL)

Impax Laboratories logoImpax Laboratories, Inc. is a specialty pharmaceutical company. The Company is engaged in the development, manufacture and marketing of bioequivalent pharmaceutical products (generics), in addition to the development and marketing of branded products. Its segments include Impax Generics and Impax Specialty Pharma. The Impax Generics segment is focused on the development, manufacture, sale and distribution of its generic products, which are the pharmaceutical and therapeutic equivalents of brand-name drug products and are marketed under their established drug names. The Impax Specialty Pharma segment is engaged in the promotion, sale and distribution of several branded products, including its branded pharmaceutical product, Rytary, an extended release oral capsule formulation of carbidopa-levodopa for the treatment of Parkinson's disease, post-encephalitic Parkinsonism and Parkinsonism, and Zomig (zolmitriptan) products, indicated for the treatment of migraine headaches.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Pharmaceuticals
  • Sub-Industry: Pharmaceuticals
  • Symbol: NASDAQ:IPXL
  • CUSIP: 45256B10
  • Web: www.impaxlabs.com
Capitalization:
  • Market Cap: $1.57611 billion
  • Outstanding Shares: 71,826,000
Average Prices:
  • 50 Day Moving Avg: $21.40
  • 200 Day Moving Avg: $17.54
  • 52 Week Range: $7.75 - $25.70
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.20
  • P/E Growth: 2.34
Sales & Book Value:
  • Annual Revenue: $812.82 million
  • Price / Sales: 1.80
  • Book Value: $7.32 per share
  • Price / Book: 2.78
Profitability:
  • EBITDA: $144.42 million
  • Net Margins: -71.08%
  • Return on Equity: 9.05%
  • Return on Assets: 3.20%
Debt:
  • Debt-to-Equity Ratio: 1.46%
  • Current Ratio: 1.75%
  • Quick Ratio: 1.19%
Misc:
  • Average Volume: 1.89 million shs.
  • Beta: 1.13
  • Short Ratio: 4.78
 

Frequently Asked Questions for Impax Laboratories (NASDAQ:IPXL)

What is Impax Laboratories' stock symbol?

Impax Laboratories trades on the NASDAQ under the ticker symbol "IPXL."

How were Impax Laboratories' earnings last quarter?

Impax Laboratories, Inc. (NASDAQ:IPXL) posted its quarterly earnings data on Wednesday, August, 9th. The company reported $0.18 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.04. The business earned $202.08 million during the quarter, compared to the consensus estimate of $195.62 million. Impax Laboratories had a negative net margin of 71.08% and a positive return on equity of 9.05%. The business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 earnings per share. View Impax Laboratories' Earnings History.

When will Impax Laboratories make its next earnings announcement?

Impax Laboratories is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Impax Laboratories.

What guidance has Impax Laboratories issued on next quarter's earnings?

Impax Laboratories issued an update on its FY17 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $0.55-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.66.

Where is Impax Laboratories' stock going? Where will Impax Laboratories' stock price be in 2017?

15 analysts have issued twelve-month target prices for Impax Laboratories' stock. Their predictions range from $10.00 to $27.00. On average, they anticipate Impax Laboratories' share price to reach $19.67 in the next twelve months. View Analyst Ratings for Impax Laboratories.

What are analysts saying about Impax Laboratories stock?

Here are some recent quotes from research analysts about Impax Laboratories stock:

  • 1. According to Zacks Investment Research, "Impax’s Generics segment is facing competitive and pricing pressure, which is expected to persist through 2017. However, epinephrine auto-injector sales have picked up The company is taking steps to reduce costs and improve efficiencies, which may save an estimated $130 million by the end of 2019. Moreover, the company’s manufacturing facilities have been hampered by quality control issues since 2011, which delayed Rytary’s approval. The merger with Amneal Pharma is a positive for Impax as it will have a diverse pipeline with more than 300 products under review or late stage development. However, the generics market is highly crowded and Impax faces stiff competition from other major companies. Impax’s shares have outperformed the industry so far this year. Estimates have remained stable ahead of the Q3 earnings results. The company has a mixed record of earnings surprises in recent quarters." (10/20/2017)
  • 2. Cantor Fitzgerald analysts commented, "We hosted our annual Cantor Fitzgerald Healthcare Conference in New York today, with IPXL in attendance." (9/25/2017)
  • 3. Guggenheim analysts commented, "Impax (IPXL, BUY, $12.70) named Paul Bisaro as its new, full-time CEO earlier today, which increases our confidence that there could be upside to consensus expectations in '17+. Bisaro has 25 years of generic and branded pharma experience, with an impressive track record of execution and transformation at companies like Allergan (AGN, NEUTRAL, $237.33) and its predecessors and Barr Pharmaceuticals (acquired by TEVA [BUY, $32.76] in 2010). Bisaro is also on the Board of Directors of AGN and Zoetis (ZTS, BUY, $53.85)." (3/27/2017)
  • 4. Royal Bank Of Canada analysts commented, "The stock was down -35% following IPXL's 4Q results and first-time 2017 update (no revenue or EPS given, as expected). We continue to see a number of generic headwinds that will linger as IPXL pursues a leadership change and what we see as needed review of strategic positioning. We lower EPS and target to reflect continued challenges. Remain Sector Perform." (3/2/2017)

Who are some of Impax Laboratories' key competitors?

Who are Impax Laboratories' key executives?

Impax Laboratories' management team includes the folowing people:

  • Robert L. Burr, Independent Chairman of the Board
  • Paul M. Bisaro, President, Chief Executive Officer, Director
  • Bryan M. Reasons, Chief Financial Officer, Senior Vice President - Finance
  • Douglas S. Boothe, President - Generics Division
  • Michael J. Nestor, President - Impax Specialty Pharmaceutical Division
  • Mark A. Schlossberg Esq., Senior Vice President, General Counsel, Corporate Secretary
  • Jeffrey D. Nornhold, Senior Vice President - Technical Operations
  • J. Kevin Buchi, Director
  • Janet S. Vergis, Director
  • Leslie Z. Benet Ph.D., Independent Director

Who owns Impax Laboratories stock?

Impax Laboratories' stock is owned by a number of of retail and institutional investors. Top institutional investors include SHANGHAI FOSUN PHARMACEUTICAL (GROUP) COMPANY ., LTD. (5.19%), Fisher Asset Management LLC (2.08%), Nationwide Fund Advisors (0.11%) and Fox Run Management L.L.C. (0.07%). Company insiders that own Impax Laboratories stock include Leslie Z Benet and Michael Nestor. View Institutional Ownership Trends for Impax Laboratories.

Who bought Impax Laboratories stock? Who is buying Impax Laboratories stock?

Impax Laboratories' stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Nationwide Fund Advisors and Fox Run Management L.L.C.. View Insider Buying and Selling for Impax Laboratories.

How do I buy Impax Laboratories stock?

Shares of Impax Laboratories can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Impax Laboratories' stock price today?

One share of Impax Laboratories stock can currently be purchased for approximately $20.35.


MarketBeat Community Rating for Impax Laboratories (NASDAQ IPXL)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  284 (Vote Outperform)
Underperform Votes:  426 (Vote Underperform)
Total Votes:  710
MarketBeat's community ratings are surveys of what our community members think about Impax Laboratories and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Impax Laboratories (NASDAQ:IPXL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $19.67 (3.36% downside)
Consensus Price Target History for Impax Laboratories (NASDAQ:IPXL)
Price Target History for Impax Laboratories (NASDAQ:IPXL)
Analysts' Ratings History for Impax Laboratories (NASDAQ:IPXL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Royal Bank Of CanadaSet Price TargetHold$17.00N/AView Rating Details
10/17/2017Canaccord GenuitySet Price TargetHold$19.00N/AView Rating Details
10/17/2017Cantor FitzgeraldSet Price TargetBuy$25.00N/AView Rating Details
9/28/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$20.00HighView Rating Details
9/23/2017BTIG ResearchReiterated RatingBuy$20.00 -> $27.00LowView Rating Details
9/19/2017Deutsche Bank AGReiterated RatingBuy$23.00LowView Rating Details
9/19/2017Citigroup Inc.Boost Price TargetBuy$23.00LowView Rating Details
9/17/2017Piper Jaffray CompaniesReiterated RatingHold$17.00LowView Rating Details
8/9/2017Cowen and CompanySet Price TargetHold$12.00 -> $20.00HighView Rating Details
6/23/2017BMO Capital MarketsReiterated RatingHold$16.00LowView Rating Details
6/12/2017Janney Montgomery ScottReiterated RatingNeutral$21.00HighView Rating Details
3/27/2017GuggenheimReiterated RatingBuy$20.00LowView Rating Details
3/8/2017Susquehanna Bancshares IncDowngradePositive -> Neutral$18.00 -> $10.00LowView Rating Details
11/14/2016WallachBeth CapitalDowngradeBuy -> Hold$30.00 -> $18.00N/AView Rating Details
11/7/2016Bank of America CorporationDowngradeNeutral -> Underperform$19.00N/AView Rating Details
8/15/2016Northland SecuritiesUpgradeMarket Perform -> Outperform$30.00N/AView Rating Details
8/10/2016Leerink SwannLower Price TargetMarket Perform$33.00 -> $24.00N/AView Rating Details
6/1/2016J P Morgan Chase & CoInitiated CoverageNeutral$47.00N/AView Rating Details
3/2/2016NomuraReiterated RatingHoldN/AView Rating Details
2/17/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Impax Laboratories (NASDAQ:IPXL)
Earnings by Quarter for Impax Laboratories (NASDAQ:IPXL)
Earnings History by Quarter for Impax Laboratories (NASDAQ IPXL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.20N/AView Earnings Details
8/9/2017Q2 2017$0.14$0.18$195.62 million$202.08 millionViewListenView Earnings Details
5/10/2017Q1 2017$0.12$0.11$193.17 million$184.40 millionViewN/AView Earnings Details
3/1/2017Q416$0.16$0.16$219.54 million$198.40 millionViewListenView Earnings Details
11/9/2016Q316$0.40$0.37$234.87 million$228.00 millionViewListenView Earnings Details
8/9/2016Q216$0.32$0.21$223.67 million$173.00 millionViewN/AView Earnings Details
5/10/2016Q116$0.39$0.43$241.84 million$226.00 millionViewListenView Earnings Details
2/22/2016Q415$0.44$0.62$223.23 million$282.10 millionViewListenView Earnings Details
11/9/2015Q315$0.39$0.40$214.69 million$221.10 millionViewN/AView Earnings Details
8/10/2015Q215$0.35$0.34$200.68 million$214.20 millionViewListenView Earnings Details
5/11/2015Q115$0.18$0.09$146.00 million$143.10 millionViewListenView Earnings Details
2/24/2015Q414$0.11$0.16$125.50 million$131.20 millionViewN/AView Earnings Details
11/4/2014Q314$0.31$0.33$148.36 million$145.63 millionViewN/AView Earnings Details
8/6/2014Q214$0.39$0.60$155.97 million$188.10 millionViewN/AView Earnings Details
5/1/2014Q114$0.13$0.24$97.80 million$118.70 millionViewN/AView Earnings Details
2/20/2014Q413$0.03($0.14)$119.01 million$100.74 millionViewN/AView Earnings Details
11/4/2013Q313($0.08)$0.25$111.83 million$115.75 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.04$0.08$120.75 million$129.63 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.21$0.37$129.12 million$148.50 millionViewN/AView Earnings Details
2/25/2013Q4 2012$0.19$0.30$127.03 million$141.10 millionViewN/AView Earnings Details
10/30/2012Q312$0.49$0.48$160.76 million$145.60 millionViewN/AView Earnings Details
7/31/2012$0.44$0.60ViewN/AView Earnings Details
5/1/2012$0.45$0.52ViewN/AView Earnings Details
2/28/2012$0.19$0.33ViewN/AView Earnings Details
11/1/2011$0.20$0.30ViewN/AView Earnings Details
8/2/2011$0.18$0.19ViewN/AView Earnings Details
5/3/2011$0.15$0.21ViewN/AView Earnings Details
2/24/2011$0.22$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Impax Laboratories (NASDAQ:IPXL)
2017 EPS Consensus Estimate: $0.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.17$0.17$0.17
Q3 20171$0.22$0.22$0.22
Q4 20171$0.35$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Impax Laboratories (NASDAQ:IPXL)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Impax Laboratories (NASDAQ:IPXL)
Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 88.68%
Insider Trades by Quarter for Impax Laboratories (NASDAQ:IPXL)
Institutional Ownership by Quarter for Impax Laboratories (NASDAQ:IPXL)
Insider Trades by Quarter for Impax Laboratories (NASDAQ:IPXL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/31/2017Michael NestorInsiderSell1,130$15.00$16,950.00View SEC Filing  
5/17/2017Michael NestorInsiderSell857$16.48$14,123.36View SEC Filing  
5/12/2017Michael NestorInsiderSell700$17.11$11,977.00View SEC Filing  
8/15/2016Leslie Z BenetDirectorSell10,092$22.81$230,198.52View SEC Filing  
9/11/2015Mark A SchlossbergSVPSell7,457$43.30$322,888.10View SEC Filing  
9/10/2015Michael NestorInsiderSell5,000$43.56$217,800.00View SEC Filing  
8/31/2015Michael MarkbreiterDirectorSell28,000$41.70$1,167,600.00View SEC Filing  
8/27/2015Mark A SchlossbergSVPSell4,649$43.41$201,813.09View SEC Filing  
8/27/2015Peter R TerreriDirectorSell4,833$43.93$212,313.69View SEC Filing  
8/26/2015Michael MarkbreiterDirectorSell19,399$42.24$819,413.76View SEC Filing  
6/6/2014Larry HsuDirectorSell100,000$28.38$2,838,000.00View SEC Filing  
5/27/2014Peter R TerreriDirectorSell3,000$28.00$84,000.00View SEC Filing  
5/22/2014Larry HsuDirectorSell50,000$27.22$1,361,000.00View SEC Filing  
5/21/2014Larry HsuDirectorSell3,800$26.53$100,814.00View SEC Filing  
5/16/2014Nigel FlemingDirectorSell1,900$25.72$48,868.00View SEC Filing  
5/12/2014Nigel FlemingDirectorSell1,333$26.58$35,431.14View SEC Filing  
5/8/2014Michael MarkbreiterDirectorSell12,500$26.44$330,500.00View SEC Filing  
5/6/2014Larry HsuDirectorSell219,386$26.28$5,765,464.08View SEC Filing  
3/11/2014Michael MarkbreiterDirectorSell4,000$27.54$110,160.00View SEC Filing  
1/8/2014Robert BurrDirectorSell1,500$24.31$36,465.00View SEC Filing  
11/13/2013Robert BurrDirectorSell1,500$22.98$34,470.00View SEC Filing  
10/9/2013Robert BurrDirectorSell1,500$20.10$30,150.00View SEC Filing  
9/11/2013Robert BurrDirectorSell1,500$20.87$31,305.00View SEC Filing  
8/14/2013Robert BurrDirectorSell1,500$21.15$31,725.00View SEC Filing  
7/10/2013Robert L BurrDirectorSell1,500$20.26$30,390.00View SEC Filing  
6/12/2013Robert L BurrDirectorSell1,500$18.80$28,200.00View SEC Filing  
5/8/2013Robert L BurrDirectorSell1,500$16.35$24,525.00View SEC Filing  
5/1/2013Peter R TerreriDirectorSell3,450$17.39$59,995.50View SEC Filing  
3/12/2013Larry HsuCEOBuy7,000$16.88$118,160.00View SEC Filing  
3/12/2013Mark A SchlossbergSVPBuy1,000$16.73$16,730.00View SEC Filing  
2/13/2013Robert L BurrDirectorSell1,500$19.82$29,730.00View SEC Filing  
11/14/2012Robert L BurrDirectorSell1,500$19.86$29,790.00View SEC Filing  
8/20/2012Nigel FlemingDirectorSell6,000$23.99$143,940.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Impax Laboratories (NASDAQ:IPXL)
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Impax Laboratories (IPXL) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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