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 price target was 34, which equates to a potential upside of 0.15 percent. The most pessimistic analyst gave a price target of 34, which equates to a potential downside of 0.15 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.34 percent, as compared to a month ago. 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, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. EDE has a PEG ratio of 2.42.
In the last 52-weeks, EDE has achieved a high of 34.04 and a low of 20.69. Today's price is 64.09 percent above the 52-week 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's next earnings release will be on 2016-10-27, which is -818 days away.