Iberdrola S.A. (OTCMKTS:IBDRY) Given Average Recommendation of “Hold” by Brokerages
by Renee Jackson · The Cerbat GemIberdrola S.A. (OTCMKTS:IBDRY – Get Free Report) has received an average rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.
Separately, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Iberdrola in a research report on Friday, February 27th.
Check Out Our Latest Analysis on Iberdrola
Iberdrola Price Performance
Shares of OTCMKTS IBDRY opened at $94.46 on Friday. Iberdrola has a fifty-two week low of $67.11 and a fifty-two week high of $96.50. The stock has a market cap of $159.59 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 2.49 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.78 and a current ratio of 0.87. The firm’s 50-day simple moving average is $92.23 and its 200 day simple moving average is $86.38.
Iberdrola (OTCMKTS:IBDRY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.03). Iberdrola had a net margin of 13.74% and a return on equity of 10.24%. The business had revenue of $13.76 billion during the quarter, compared to the consensus estimate of $13.76 billion. As a group, research analysts anticipate that Iberdrola will post 3.57 earnings per share for the current fiscal year.
Iberdrola Company Profile
Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.
Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.