Analyst Ratings for IDACORP Inc. (IDA)Updated: 2017-07-26
Shares of IDACORP Inc. (NYSE:IDA) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, IDA was issued an average rating of Hold.
0 analysts declared IDA a buy, 0 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
IDA was given price targets by several analysts. The highest price target was 88, implying a possible profit of 1.6 percent. The most pessimistic price target was 83, which equates to a potential downside of -4.17 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.46 percent. The average change in earnings estimates over the last 90 days is -10.7 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.38 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of IDA's earnings is estimated by analysts to be -2.31 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. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of IDA is -9.17.
In the trailing 52-weeks, IDA hit 90.67 at the highest peak, while it's lowest trading point was 72.93. Today's price is 18.76 percent above the 52-week low, and 4.48 percent below the high. IDA has a P/E ratio of 21.18. Investors typically compare the P/E ratio to a company's peers in the industry. The IDA value stock report compares IDA to some of its peers using value stock charts. The market cap of IDA is $4.37 billion. IDA will post this quarters earnings in days, on 0000-00-00.