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 maximum price target given was , implying a possible profit of -100 percent. The lowest price target was , which equates to a potential downside of -100 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. 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. 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

The growth rate of MGEE's earnings is estimated by analysts to be -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 that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MGEE is -11.29.

In the last 52-weeks, MGEE has achieved a high of 68.70 and a low of 53.48. 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 market cap of MGEE is $2.35 billion. MGEE will post this quarters earnings in days, on 0000-00-00.