Share on StockTwits

IHS (NYSE:IHS)’s share price reached a new 52-week high during trading on Friday , Analyst Ratings.Net reports. The stock traded as high as $139.98 and last traded at $138.25, with a volume of 60,722 shares changing hands. The stock had previously closed at $138.70.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of IHS in a research note on Monday, June 23rd. They now have a $140.00 price target on the stock, up previously from $130.00. Separately, analysts at Barclays reiterated an “overweight” rating on shares of IHS in a research note on Friday, June 20th. They now have a $150.00 price target on the stock, up previously from $140.00. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of IHS in a research note on Friday, June 20th. They now have a $154.00 price target on the stock, up previously from $140.00. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $138.56.

The stock’s 50-day moving average is $134.5 and its 200-day moving average is $124.7. The company has a market cap of $9.433 billion and a P/E ratio of 62.48.

IHS (NYSE:IHS) last released its earnings data on Thursday, June 19th. The company reported $1.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.44 by $0.03. The company had revenue of $568.01 million for the quarter, compared to the consensus estimate of $551.27 million. During the same quarter in the prior year, the company posted $1.26 earnings per share. The company’s quarterly revenue was up 35.9% on a year-over-year basis. Analysts expect that IHS will post $5.80 EPS for the current fiscal year.

In other IHS news, CFO Todd S. Hyatt sold 1,000 shares of IHS stock on the open market in a transaction dated Friday, August 1st. The shares were sold at an average price of $131.21, for a total value of $131,210.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.