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.

Many analysts weighed in on price targets for MGEE. The most optimistic analyst gave a price target of , implying a possible profit of -100 percent. The most pessimistic analyst gave a price target of , which equates to a potential downside of -100 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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 revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 26.4 percent higher than its low, and 1.6 percent below the high. MGEE has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.