Analyst Ratings for Empire District Electric Co (EDE)Updated: 2016-08-26
Several price targets were given for EDE by the analysts covering the stock. The most optimistic analyst gave a price target of 34, implying a possible profit of 0.15 percent. The most pessimistic analyst gave a price target of 34, which equates to a potential downside of 0.15 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.34 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.69 percent.
Another thing investors often look at is the level of agreement among analysts' 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
The growth rate of EDE's earnings is estimated by analysts to be 10.54 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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 EDE is 2.42.
In the trailing 52-weeks, EDE hit 34.04 at the highest peak, while it's lowest trading point was 20.69. Today's price is 64.09 percent above the 52-week low, and 0.26 percent lower than its 52-week 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 market cap of EDE is $1.5 billion. EDE's next earnings release will be on 2016-10-27, which is -940 days away.