Analyst Ratings for MGE Energy Inc. (MGEE)

Updated: 2017-07-27

MGE Energy Inc. (NASDAQ:MGEE) was awarded an average rating of Hold from investment analysts following the stock. MGEE had previously received a consensus rating of a month ago.

0 analysts declared MGEE a buy, 0 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for MGEE. The highest price target was , implying potential capital gains of -100 percent. The most pessimistic analyst gave a price target of , implying a possible loss of -100 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.35 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

MGEE has an estimated earnings growth rate of -2.66 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. MGEE has a PEG ratio of -11.29.

In the last 52-weeks, MGEE has achieved a high of 68.70 and a low of 53.48. The current market price is above the trailing year's low by 26.4 percent, and below the high by 1.6 percent. MGEE has a P/E ratio of 30.04. Investors typically compare the P/E ratio to a company's peers in the industry. The MGEE value stock report compares MGEE to some of its peers using value stock charts. The market cap of MGEE is $2.35 billion. MGEE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.