Analyst Ratings for Empire District Electric Co (EDE)Updated: 2016-08-26
Investment analysts gave a few price targets for EDE. The most optimistic price target was 34, implying a possible profit of 0.15 percent. The most pessimistic price target was 34, implying a possible loss of 0.15 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. 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 downwards by -0.34 percent. If we look at the last 90 days instead, we find a net average change of 0.69 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
EDE has an estimated earnings growth rate of 10.54 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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. EDE has a PEG ratio of 2.42.
In the trailing 52-weeks, EDE hit 34.04 at the highest peak, while it's lowest trading point was 20.69. Currently the stock is 64.09 percent higher than its low, and 0.26 percent below the high. EDE has a price/earnings ratio of 25.49. Investors typically compare the P/E ratio to a company's peers in the industry. The EDE value stock report compares EDE to some of its peers using value stock charts. The stock has a market capitalization of $1.5 billion. EDE will post this quarters earnings in -878 days, on 2016-10-27.