Impax Asset Management Group (LON:IPX) Reaches New 12-Month Low – What’s Next?

Posted by Stanley Muller on Feb 21st, 2025

Shares of Impax Asset Management Group Plc (LON:IPX – Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 183.20 ($2.32) and last traded at GBX 187.30 ($2.37), with a volume of 1061866 shares. The stock had previously closed at GBX 187.40 ($2.37).

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price objective on shares of Impax Asset Management Group from GBX 560 ($7.10) to GBX 510 ($6.46) and set a “buy” rating on the stock in a report on Friday, December 13th.

Check Out Our Latest Stock Report on Impax Asset Management Group

Impax Asset Management Group Price Performance

The company has a debt-to-equity ratio of 5.94, a quick ratio of 2.26 and a current ratio of 3.23. The stock has a market cap of £237.29 million, a price-to-earnings ratio of 5.97, a price-to-earnings-growth ratio of 5.05 and a beta of 1.64. The business’s fifty day simple moving average is GBX 224.70 and its 200 day simple moving average is GBX 315.63.

Impax Asset Management Group (LON:IPX – Get Free Report) last issued its quarterly earnings data on Thursday, November 28th. The company reported GBX 28.50 ($0.36) EPS for the quarter. Impax Asset Management Group had a net margin of 22.60% and a return on equity of 32.67%.

Impax Asset Management Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 20th will be paid a GBX 22.90 ($0.29) dividend. This represents a dividend yield of 7.12%. The ex-dividend date is Thursday, February 20th. This is a positive change from Impax Asset Management Group’s previous dividend of $4.70. Impax Asset Management Group’s dividend payout ratio is 89.19%.

About Impax Asset Management Group

(Get Free Report)

Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.

We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.