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

Company Overview

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.

Key Stats

• Today's Range: 241 to 250
• 50-Day Range: 230 to 411
• 52-Week Range: 220.50 to 575
• Volume: 109,464 shs
• Average Volume: 317,962 shs
• Market Capitalization: £313.50 million
• P/E Ratio: 790.32
• Dividend Yield: 11.43%
• Price Target: GBX 510
• 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: 3.5 / 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 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.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Impax Asset Management Group is 790.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Impax Asset Management Group is 790.32, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.30.

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 2.66. P/B Ratios below 3 indicates that a company is reasonably valued 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 7.38%, 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 9,032.26%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IPX.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.91

News Sentiment

Impax Asset Management Group has a news sentiment score of 0.91. 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 0.73 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 1 article on an average week.

Search Interest

Only 1 people have searched for IPX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Impax Asset Management Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 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

19.34% 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

66.48% 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.

IPX Stock Analysis - Frequently Asked Questions

How have IPX shares performed this year?

Impax Asset Management Group's stock was trading at GBX 550 at the beginning of the year. Since then, IPX shares have decreased by 55.5% and is now trading at GBX 245.
View the best growth stocks for 2024 here.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Impax Asset Management Group investors own include IQE (IQE), Legal & General Group (LGEN), Barclays (BARC), BP (BP), Greencore Group (GNC), HSBC (HSBA) and Royal Dutch Shell (RDSB).

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 510
• High Stock Price Target: GBX 510
• Low Stock Price Target: GBX 510
• Potential Upside/Downside: +108.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.31
• Trailing P/E Ratio: 790.32
• Forward P/E Ratio: N/A
• P/E Growth: 5.05
• Net Income: £40.67 million
• Net Margins: 23.03%
• Pretax Margin: N/A
• Return on Equity: 34.24%
• Return on Assets: 20.72%

Debt

• Debt-to-Equity Ratio: 6.93
• Current Ratio: 3.59
• Quick Ratio: 2.26

Sales & Book Value

• Annual Sales: £176.56 million
• Price / Sales: 1.78
• Cash Flow: GBX 30.86 per share
• Price / Cash Flow: 7.94
• Book Value: GBX 92 per share
• Price / Book: 2.66

Miscellaneous

• Outstanding Shares: 127,960,000
• Free Float: N/A
• Market Cap: £313.50 million
• Optionable: Not Optionable
• Beta: 1.64