Iberdrola (OTCMKTS:IBDRY) Stock Price Up 0.6% - Still a Buy?

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) shares rose 0.6% during trading on Tuesday . The company traded as high as $77.43 and last traded at $77.43. Approximately 48,459 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 89,488 shares. The stock had previously closed at $76.98.

Analyst Ratings Changes

Separately, Dbs Bank upgraded shares of Iberdrola to a "buy" rating in a research note on Friday, April 25th.

Iberdrola Stock Down 0.2%

The company has a market cap of $123.22 billion, a P/E ratio of 24.69, a P/E/G ratio of 2.28 and a beta of 0.79. The company's 50-day moving average is $73.26 and its two-hundred day moving average is $64.17. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.69 and a quick ratio of 0.58.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The utilities provider reported $1.27 EPS for the quarter, beating the consensus estimate of $1.19 by $0.08. The business had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $11.06 billion. Iberdrola had a return on equity of 7.69% and a net margin of 10.81%. As a group, equities analysts predict that Iberdrola S.A. will post 3.57 earnings per share for the current fiscal year.

Iberdrola Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 9th. Investors of record on Monday, May 26th were given a dividend of $0.0175 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 1.03%. Iberdrola's dividend payout ratio (DPR) is presently 46.45%.

Iberdrola Company Profile

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.