Iberdrola S.A. (OTCMKTS:IBDRY) Receives Consensus Rating of "Hold" from Analysts

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) has received a consensus rating of "Hold" from the nine analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company.

Several brokerages recently weighed in on IBDRY. Citigroup upgraded shares of Iberdrola to a "hold" rating in a report on Friday, June 26th. Oddo Bhf lowered shares of Iberdrola from an "outperform" rating to a "neutral" rating in a report on Thursday, July 23rd. Barclays upgraded shares of Iberdrola from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, May 26th. Finally, Erste Group Bank upgraded Iberdrola from a "hold" rating to a "buy" rating in a research report on Thursday, June 25th.

Iberdrola Price Performance

Shares of IBDRY stock opened at $92.23 on Tuesday. The stock has a 50-day moving average price of $95.16 and a 200 day moving average price of $93.52. The company has a quick ratio of 0.63, a current ratio of 0.75 and a debt-to-equity ratio of 0.79. The firm has a market cap of $153.87 billion, a price-to-earnings ratio of 19.54, a PEG ratio of 2.32 and a beta of 0.63. Iberdrola has a 12 month low of $72.48 and a 12 month high of $100.64.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last released its earnings results on Wednesday, July 22nd. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.16 by ($0.02). The business had revenue of $11.93 billion for the quarter, compared to analyst estimates of $12.08 billion. Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. Research analysts expect that Iberdrola will post 4.63 EPS for the current year.

About Iberdrola

Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company's core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola's business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.

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