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

Key Points

• Analysts' consensus: Iberdrola has an average rating of Hold from eight brokerages (1 sell, 4 hold, 2 buy, 1 strong buy), and Goldman Sachs reaffirmed a "neutral" rating.
• Quarterly results: Iberdrola reported EPS of $0.64, missing estimates by $0.03 while revenue matched estimates at $13.76 billion; sell-side analysts expect full-year EPS of 3.57.
• Market snapshot: The stock opened at $95.37 with a $161.12 billion market cap and a PE of 22.76, trading near its 1-year high of $96.50 (1-year low $66.26) and with 50/200-day moving averages of $92.14/$86.06.

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) has been assigned an average recommendation of "Hold" from the eight brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Separately, The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Iberdrola in a research report on Friday, February 27th.

Iberdrola Stock Down 0.7%

IBDRY opened at $95.37 on Friday. The firm has a 50 day moving average price of $92.14 and a 200 day moving average price of $86.06. The company has a market cap of $161.12 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 2.51 and a beta of 0.72. Iberdrola has a 1 year low of $66.26 and a 1 year high of $96.50. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.78 and a current ratio of 0.87.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last posted its earnings results on Wednesday, February 25th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.03). Iberdrola had a return on equity of 10.24% and a net margin of 13.74%.The business had revenue of $13.76 billion for the quarter, compared to analyst estimates of $13.76 billion. Sell-side analysts expect that Iberdrola will post 3.57 earnings per share for the current year.

Iberdrola Company Profile

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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