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Impax Environmental Markets plc (IEM) is a leading asset management business based in the UK. It opened the day at 322p after a previous close of 319.5p. During the day the price has varied from a low of 315p to a high of 329.9999p. The latest price was 322p (25 minute delay). Impax Environmental Markets is listed on the London Stock Exchange (LSE) and employs 0 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, Impax Environmental Markets's share price has had significant negative movement.
Its last market close was 326p, which is 8.17% down on its pre-crash value of 355p and 44.25% up on the lowest point reached during the March crash when the shares fell as low as 226p.
If you had bought £1,000 worth of Impax Environmental Markets shares at the start of February 2020, those shares would have been worth £737.94 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £981.91.
|52-week range||226p - 361p|
|50-day moving average||317.0877p|
|200-day moving average||309.3921p|
|Wall St. target price||125p|
|Dividend yield||0.06p (1.81%)|
|Earnings per share (TTM)||74.3p|
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2020-07-03)||-0.62%|
|1 month (2020-06-12)||5.40%|
|3 months (2020-04-09)||14.80%|
|6 months (2020-01-10)||-3.30%|
|1 year (2019-07-12)||3.87%|
|2 years (2018-07-12)||18.60%|
|3 years (2017-07-12)||36.01%|
|5 years (2015-07-10)||105.10%|
Valuing Impax Environmental Markets stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Impax Environmental Markets's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Impax Environmental Markets's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Impax Environmental Markets shares trade at around 4x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||£148 million|
|Operating margin TTM||96.16%|
|Gross profit TTM||£148 million|
|Return on assets TTM||15.2%|
|Return on equity TTM||25.22%|
|Market capitalisation||£843.1 million|
TTM: trailing 12 months
Dividend payout ratio: 4.04% of net profits
Recently Impax Environmental Markets has paid out, on average, around 4.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.81% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Impax Environmental Markets shareholders could enjoy a 1.81% return on their shares, in the form of dividend payments. In Impax Environmental Markets's case, that would currently equate to about 0.06p per share.
While Impax Environmental Markets's payout ratio might seem low, this can signify that Impax Environmental Markets is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 April 2020 (the "ex-dividend date").
Over the last 12 months, Impax Environmental Markets's shares have ranged in value from as little as 226p up to 361p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Impax Environmental Markets's is 0.8058. This would suggest that Impax Environmental Markets's shares are less volatile than average (for this exchange).
Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors. The fund invests in growth stocks of companies across all market capitalizations. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI AC World Index and the FTSE ET100 Index. Impax Environmental Markets plc was formed on February 22, 2002 and is domiciled in the United Kingdom.
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