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.
Many analysts weighed in on price targets for OTTR. The most optimistic price target was 48, implying potential capital gains of 19.25 percent. The minimum price target given was 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.25 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.53 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.29 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. OTTR has a PEG ratio of -49.89.
In the last 52-weeks, OTTR has achieved a high of 42.55 and a low of 32.99. Today's price is 22.01 percent above the 52-week low, and 5.41 percent below the 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 stock has a market capitalization of $1.58 billion. OTTR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.