Iberdrola S.A. (OTCMKTS:IBDRY) Stock Now Rated “Hold” by Sell-Side Brokerages

Iberdrola S.A. (OTCMKTS:IBDRY – Get Free Report) has been assigned an average rating of “Hold” from the nine brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company.

Several research firms recently commented on IBDRY. Oddo Bhf cut Iberdrola from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 23rd. Erste Group Bank raised Iberdrola from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. The Goldman Sachs Group upgraded Iberdrola from a “hold” rating to a “buy” rating in a research report on Thursday, October 1st. Kepler Capital Markets lowered Iberdrola from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Iberdrola to a “buy” rating in a research report on Tuesday, September 29th.

Get Iberdrola alerts:

View Our Latest Report on Iberdrola

Iberdrola Trading Down 0.7%

Shares of IBDRY opened at $94.00 on Friday. Iberdrola has a twelve month low of $75.73 and a twelve month high of $100.64. The stock has a market cap of $156.82 billion, a PE ratio of 19.92, a P/E/G ratio of 1.64 and a beta of 0.55. The company has a quick ratio of 0.63, a current ratio of 0.75 and a debt-to-equity ratio of 0.79. The business’s 50-day moving average price is $93.53 and its 200-day moving average price is $93.73.

Iberdrola (OTCMKTS:IBDRY – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The utilities provider reported $1.14 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.02). The firm had revenue of $11.93 billion during the quarter, compared to the consensus estimate of $12.08 billion. Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. On average, equities analysts forecast that Iberdrola will post 4.68 EPS for the current fiscal year.

Iberdrola Company Profile

(Get Free Report)

Iberdrola, SA is a Spanish energy company engaged in the generation, transmission, distribution and sale of electricity. Its activities include renewable power generation, particularly wind, solar and hydropower, as well as electricity networks and customer energy services. The company also develops and operates energy storage and other infrastructure supporting the transition to lower-carbon energy systems.

Headquartered in Bilbao, Spain, Iberdrola serves residential, commercial and industrial customers through operations in Spain, the United Kingdom, the United States, Brazil and other international markets.

See Also

• Five stocks we like better than Iberdrola
• Skydance Just Became a Media Giant—With an $80 Billion Debt Load
• Could Velo3D Be the Next Defense Buyout Target?
• Penguin Solutions Is Soaring as AI Memory Demand Explodes
• Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

Receive News & Ratings for Iberdrola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola and related companies with MarketBeat.com's FREE daily email newsletter.