Analyst Ratings for Otter Tail Corp. (OTTR)Updated: 2017-07-27
Analysts covering Otter Tail Corp. (NASDAQ:OTTR) have given it a consensus rating of Overweight. OTTR had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave 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. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for OTTR. The most optimistic price target was 48, which equates to a potential upside of 19.25 percent. The most pessimistic analyst gave a price target of 41, implying a possible loss of 1.86 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.25 percent. That number becomes 2.53 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 -0.29 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of OTTR's earnings is estimated by analysts to be -0.47 percent. Another measure frequently examined by investors is 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of OTTR is -49.89.
In the last 52-weeks, OTTR has achieved a high of 42.55 and a low of 32.99. The current market price is above the trailing year's low by 22.01 percent, and 5.41 percent lower than its 52-week high. OTTR has a P/E ratio of 23.45. Investors typically compare the P/E ratio to a company's peers in the industry. The OTTR value stock report compares OTTR to some of its peers using value stock charts. The market cap of OTTR is $1.58 billion. OTTR's next earnings release will be on 0000-00-00, which is days away.