Iberdrola S.A. (OTCMKTS:IBDRY) Given Average Rating of “Hold” by Analysts

Iberdrola S.A. (OTCMKTS:IBDRY) has earned an average rating of “Hold” from the eight brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company.

IBDRY has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating on shares of Iberdrola in a report on Friday, February 27th. Barclays upgraded Iberdrola from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Finally, Erste Group Bank downgraded Iberdrola from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th.

Iberdrola Stock Down 0.1%

Shares of Iberdrola stock opened at $90.77 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 0.72. The company’s fifty day simple moving average is $92.28 and its two-hundred day simple moving average is $89.40. The company has a market cap of $153.35 billion, a P/E ratio of 22.36, a PEG ratio of 2.30 and a beta of 0.66. Iberdrola has a 12-month low of $69.66 and a 12-month high of $96.50.

Iberdrola (OTCMKTS:IBDRY) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.04). The company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $13.62 billion. Iberdrola had a net margin of 13.40% and a return on equity of 9.88%. Research analysts anticipate that Iberdrola will post 4.6 EPS 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.