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.

A number of analysts gave price targets for IDA. The maximum price target given was 88, implying a possible profit of 1.6 percent. The minimum price target given was 83, implying a possible loss of -4.17 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of IDA's earnings is estimated by analysts to be -2.31 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. IDA has a PEG ratio of -9.17.

IDA has a 52-week high of 90.67 and a 52-week low of 72.93. Currently the stock is 18.76 percent higher than its low, and 4.48 percent lower than its 52-week 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 stock has a market capitalization of $4.37 billion. IDA's next earnings release will be on 0000-00-00, which is days away.