Analyst Ratings for Empire District Electric Co (EDE)Updated: 2016-08-26
Investment analysts gave a few price targets for EDE. The maximum price target given was 34, implying a possible profit of 0.15 percent. The most pessimistic analyst gave a price target of 34, implying a possible loss of 0.15 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of EDE to grow at a rate of 10.54 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of EDE is 2.42.
EDE has a 52-week high of 34.04 and a 52-week low of 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 P/E 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 is estimated to release their earnings results for the quarter on 2016-10-27, days from today.