IHS SVP Sells $152,946 in Stock (IHS)
IHS (NYSE:IHS) SVP Brian Sweeney unloaded 1,360 shares of IHS stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $112.46, for a total value of $152,945.60. Following the completion of the transaction, the senior vice president now directly owns 4,500 shares in the company, valued at approximately $506,070. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of IHS (NYSE:IHS) traded down 0.40% on Friday, hitting $112.79. 205,403 shares of the company’s stock traded hands. IHS has a 52-week low of $83.02 and a 52-week high of $117.65. The stock has a 50-day moving average of $111. and a 200-day moving average of $106.3. The company has a market cap of $7.578 billion and a P/E ratio of 55.27.
IHS (NYSE:IHS) last posted its quarterly earnings results on Thursday, September 19th. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.09. The company had revenue of $480.00 million for the quarter, compared to the consensus estimate of $468.48 million. During the same quarter in the previous year, the company posted $0.99 earnings per share. The company’s revenue for the quarter was up 24.6% on a year-over-year basis.
A number of analysts have recently weighed in on IHS shares. Analysts at BMO Capital Markets raised their price target on shares of IHS (NYSE:IHS) from $119.00 to $130.00 in a research note to investors on Tuesday, September 24th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “buy” rating on shares of IHS (NYSE:IHS) in a research note to investors on Friday, September 20th. They now have a $116.80 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of IHS (NYSE:IHS) from $120.00 to $125.00 in a research note to investors on Friday, September 20th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. IHS currently has a consensus rating of “Buy” and an average price target of $114.64.
IHS Inc (NYSE:IHS) is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost.
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