Analyst Ratings for El Paso Electric Co. (EE)

Updated: 2017-07-27

An average rating of Hold has been given to El Paso Electric Co. (NYSE:EE) by analysts covering the stock. EE had previously received a consensus rating of Hold a month ago.

1 analysts declared EE a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for EE. The highest price target was 57, implying potential capital gains of 9.72 percent. The most pessimistic analyst gave a price target of 52, implying potential capital losses of 0.1 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 11.94 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 7.34 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.8 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of EE's earnings is estimated by analysts to be 2.59 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. EE has a PEG ratio of 8.27.

EE has a 52-week high of 55.45 and a 52-week low of 42.49. Today's price is 22.26 percent above the 52-week low, and below the high by 6.31 percent. EE has a price/earnings ratio of 21.42. Investors typically compare the P/E ratio to a company's peers in the industry. The EE value stock report compares EE to some of its peers using value stock charts. The stock has a market capitalization of $2.11 billion. EE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.