Iberdrola (OTCMKTS:IBDRY) Shares Down 0.1% - Should You Sell?

Key Points

• Iberdrola's shares fell 0.1% during mid-day trading, with the stock last trading at $73.81 after reaching a low of $73.55.
• The stock currently holds a consensus rating of "Hold", with one analyst giving a Buy rating and three maintaining Hold ratings.
• In its latest quarterly earnings, Iberdrola reported $1.10 earnings per share, surpassing the consensus estimate by $0.04, despite revenue falling short of expectations at $11.21 billion.

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) fell 0.1% during mid-day trading on Monday . The stock traded as low as $73.55 and last traded at $73.81. 60,440 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 158,479 shares. The stock had previously closed at $73.89.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Iberdrola in a report on Wednesday, August 27th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Iberdrola Stock Down 0.1%

The stock's fifty day moving average is $73.86 and its two-hundred day moving average is $70.20. The company has a current ratio of 0.75, a quick ratio of 0.65 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $123.29 billion, a PE ratio of 22.30, a P/E/G ratio of 2.03 and a beta of 0.79.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The utilities provider reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.04. Iberdrola had a net margin of 11.30% and a return on equity of 8.27%. The company had revenue of $11.21 billion for the quarter, compared to the consensus estimate of $11.73 billion. As a group, analysts predict that Iberdrola S.A. will post 3.57 EPS for the current year.

About Iberdrola

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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