IBI Group Inc (IBG.CA) Forecast, Price Target & Analyst Ratings

Name: IBI Group Inc (IBG.CA) Analyst Consensus Rating
Brand: IBI Group Inc
Rating: 8 (5 reviews)

TSX:IBG • CA44925L1031

19.48 CAD

-0.01 (-0.05%)

Last: Sep 28, 2022, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for IBI Group Inc (IBG.CA).

Consensus Price Target

Price Target

CA$19.76

+ 1.45% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: N/A
Period: Q3 / 2022
EPS Estimate: CA$0.21
Revenue Estimate: 118.019M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

80.00%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

CA$19.76

Upside

+ 1.45%

From current price of CA$19.48 to mean target of CA$19.76, Based on 5 analyst forecasts

Low

CA$18.18

Median

CA$19.89

High

CA$21.00

Price Target Revisions

1 Month

N/A

3 Months

N/A

Price Target Summary

5 Wall Street analysts provided a forecast for the next 12 months for IBG.CA. The average price target is 19.76 CAD. This implies a price increase of 1.45% is expected in the next year compared to the current price of 19.48.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

80.00%

IBG.CA was analyzed by 10 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about IBG.CA.

In the previous month the buy percentage consensus was at a similar level.

IBG.CA was analyzed by 10 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-07-19	Raymond James Capital	Downgrade	Market Perform
2022-07-19	TD Research	Upgrade	Tender
2022-05-09	Raymond James Capital	Initiate	Outperform
2022-03-14	Raymond James Capital	Initiate	Outperform
2022-03-14	TD Research	Upgrade	Buy
2022-03-14	Acumen Capital	Upgrade
2022-01-24	Raymond James Financial	Upgrade	Outperform
2022-01-05	National Bank Financial	Upgrade	Outperform
2021-11-09	PI Financials	Maintains	Buy
2021-11-09	NB Financials	Maintains	Outperform
2021-11-09	Acumen Capitals	Maintains	Buy
2021-11-09	Laurentian Banks	Maintains	Buy
2021-11-09	NB Financial	Maintains	Outperform
2021-11-09	Acumen Capital	Maintains	Buy
2021-11-09	Laurentian Bank	Maintains	Buy
2021-11-09	PI Financial	Maintains	Buy
2021-11-08	NationalBankFinancial	Upgrade
2021-11-08	NB Financial	Upgrade
2021-11-08	TDNewcrest	Upgrade	Buy
2021-11-08	RJ Financial	Upgrade	Outperform
2021-11-08	Acumen Capital	Upgrade
2021-11-08	Laurentian Bank	Upgrade
2021-11-08	PI Financial	Upgrade
2021-08-09	Raymond James Financial	Initiate	Outperform
2021-08-09	TD Securities	Upgrade	Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date: N/A
Period: Q3 / 2022
EPS Estimate: CA$0.21
Revenue Estimate: 118.019M
Revenue Q2Q: 7.68%
EPS Q2Q: 2.20%
Number of Analysts: 7

Next Earnings Revisions

Revenue (1 Month)

N/A

Revenue (3 Months)

N/A

EPS (1 Month)

N/A

EPS (3 Months)

N/A

Next Earnings Summary

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Full Analyst Estimates 2022 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2019	2020	2021	2022	2023	2024	2025
Revenue YoY % growth	376.9M 2.34%	393.2M 4.32%	444.489M 13.04%	481.279M 8.28%	504.318M 4.79%	533.666M 5.82%	570.368M 6.88%
EBITDA YoY % growth	60M 17.86%	65.71M 9.52%	70.626M 7.48%	77.189M 9.29%	82.189M 6.48%	88.323M 7.46%	95.864M 8.54%
EBIT YoY % growth	40.3M -10.24%	44.3M 9.93%	48.809M 10.18%	57.065M 16.91%	58.176M 1.95%	64.318M 10.56%	71.819M 11.66%
Operating Margin	10.69%	11.27%	10.98%	11.86%	11.54%	12.05%	12.59%
EPS YoY % growth	0.44 2.33%	0.50 13.64%	0.66 32.00%	0.86 30.59%	0.96 11.52%	1.10 14.83%	1.28 15.98%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q3 / 22	Q4 / 22	Q1 / 23	Q2 / 23	Q3 / 23	Q4 / 23
EPS Q2Q % growth	0.21 2.20%	0.19 59.92%	0.25 17.03%	0.26 8.02%	0.23 8.24%	0.22 15.79%
Revenue Q2Q % growth	118.019M 7.68%	119.231M 5.72%	124.331M 2.96%	128.573M 1.78%	123.321M 4.49%	123.624M 3.68%
EBITDA Q2Q % growth	19.863M -34.93%	18.449M -42.25%	21.109M 7.98%	21.463M -19.17%	20.503M 3.22%	19.695M 6.75%
EBIT Q2Q % growth	12.482M -12.84%	11.854M 17.02%	N/A	N/A	N/A	N/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

18.70%

EPS Next 5 Year

18.01%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

6.51%

Revenue Next 5 Year

6.60%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

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IBI Group Inc / IBG.CA Forecast FAQ

What do analysts expect the price target to be for IBI Group Inc (IBG.CA)?

5 analysts have analysed IBG.CA and the average price target is 19.76 CAD. This implies a price increase of 1.45% is expected in the next year compared to the current price of 19.48.

What are the consensus estimates for IBI Group Inc (IBG.CA) next earnings?

The consensus EPS estimate for the next earnings of IBI Group Inc (IBG.CA) is 0.21 CAD and the consensus revenue estimate is 118.02M CAD.

What is the expected long term growth rate for IBI Group Inc (IBG.CA)?

The expected long term growth rate for IBI Group Inc (IBG.CA) is 6.51%.

Analyst forecast overview

Forecast Snapshot