Iberdrola S.A. (OTCMKTS:IBDRY) Receives Consensus Rating of “Hold” from Brokerages

Iberdrola S.A. (OTCMKTS:IBDRY) has earned a consensus recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

IBDRY has been the topic of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Iberdrola in a research note on Friday, February 27th. Jefferies Financial Group downgraded shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th.

Iberdrola Price Performance

IBDRY stock opened at $87.56 on Tuesday. The company has a market capitalization of $147.93 billion, a P/E ratio of 20.90, a PEG ratio of 2.28 and a beta of 0.72. The company has a fifty day moving average price of $90.68 and a 200-day moving average price of $84.21. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.72 and a current ratio of 0.81. Iberdrola has a 52-week low of $61.34 and a 52-week high of $96.50.

Iberdrola (OTCMKTS:IBDRY) last issued its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.03). The business had revenue of $13.76 billion during the quarter, compared to the consensus estimate of $13.76 billion. Iberdrola had a return on equity of 10.38% and a net margin of 13.74%. As a group, equities analysts expect that Iberdrola will post 3.57 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.