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 most optimistic analyst gave a price target of 57, implying potential capital gains of 9.72 percent. The lowest price target was 52, which equates to a potential downside of 0.1 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 11.94 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
EE has an estimated earnings growth rate of 2.59 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of EE is 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 6.31 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.