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.

EE was given price targets by several analysts. The highest price target was 57, which equates to a potential upside of 9.72 percent. The most pessimistic analyst gave a price target of 52, which equates to a potential downside of 0.1 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.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.8 percent. 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 made positive revisions to their quarterly estimates over the past month, 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, while 2 analysts decreased their estimates.

Analysts estimate earnings of EE to grow at a rate of 2.59 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EE is 8.27.

In the trailing 52-weeks, EE hit 55.45 at the highest peak, while it's lowest trading point was 42.49. The current market price is above the trailing year's low by 22.26 percent, and 6.31 percent below the high. EE has a P/E 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 market cap of EE is $2.11 billion. EE will post this quarters earnings in days, on 0000-00-00.