Iberdrola S.A. (OTCMKTS:IBDRY) Receives Consensus Rating of “Hold” from Analysts

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have been given a consensus recommendation of “Hold” by the eight analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Iberdrola in a report on Friday, February 27th. Jefferies Financial Group downgraded Iberdrola from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th.

Iberdrola Trading Up 1.3%

Iberdrola stock opened at $91.04 on Tuesday. Iberdrola has a one year low of $60.95 and a one year high of $96.50. The business’s fifty day moving average is $90.69 and its 200 day moving average is $84.06. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.81 and a quick ratio of 0.72. The stock has a market capitalization of $153.81 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 2.34 and a beta of 0.72.

Iberdrola (OTCMKTS:IBDRY) last posted its earnings results on Wednesday, February 25th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.03). The company had revenue of $13.76 billion for the quarter, compared to the consensus estimate of $13.76 billion. Iberdrola had a net margin of 13.74% and a return on equity of 10.38%. On average, sell-side analysts predict that Iberdrola will post 3.57 EPS for the current year.

About Iberdrola

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.