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

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have been assigned a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation 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 Performance

Shares of Iberdrola stock opened at $92.00 on Wednesday. The firm has a market capitalization of $155.43 billion, a P/E ratio of 22.66, a PEG ratio of 2.33 and a beta of 0.66. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 0.72. The company has a 50 day moving average price of $92.24 and a 200 day moving average price of $88.27. Iberdrola has a 52 week low of $67.20 and a 52 week high of $96.50.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.15 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.04). The company had revenue of $14.06 billion during 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%. Sell-side analysts expect that Iberdrola will post 4.6 EPS for the current year.

About Iberdrola

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.