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, implying potential capital losses of 0.1 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
The growth rate of EE's earnings is estimated by analysts to be 2.59 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. EE has a PEG ratio of 8.27.
In the last 52-weeks, EE has achieved a high of 55.45 and a 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.