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.

Several price targets were given for MGEE by the analysts covering the stock. The most optimistic analyst gave a price target of , which equates to a potential upside of -100 percent. The most pessimistic price target was , implying a possible loss of -100 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of MGEE to grow at a rate of -2.66 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. MGEE has a PEG ratio of -11.29.

MGEE has traded between a high of 68.70 and a low of 53.48 over the past year. Today's price is 26.4 percent above the 52-week low, and 1.6 percent lower than its 52-week high. 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 stock has a market capitalization of $2.35 billion. MGEE's next earnings release will be on 0000-00-00, which is days away.