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 most optimistic price target was , implying a possible profit of -100 percent. The minimum price target given was , implying a possible loss of -100 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. If we look at the last 90 days instead, we find a net average change of -4.35 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of MGEE's earnings is estimated by analysts to be -2.66 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. The PEG ratio of MGEE is -11.29.

In the trailing 52-weeks, MGEE hit 68.70 at the highest peak, while it's lowest trading point was 53.48. Currently the stock is 26.4 percent higher than its low, and 1.6 percent lower than its 52-week 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 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.