Iberdrola S.A. (IBDRY) – What Are Investment Firms Saying About This Stock?

Iberdrola S.A. (OTCMKTS:IBDRY) has been given a consensus recommendation of “Hold” by the nine brokerages that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

A number of research firms have commented on IBDRY. Deutsche Bank Aktiengesellschaft upgraded shares of Iberdrola to a “buy” rating in a research note on Tuesday, September 29th. DZ Bank raised shares of Iberdrola from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 21st. Oddo Bhf cut Iberdrola from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 23rd. The Goldman Sachs Group upgraded shares of Iberdrola from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st. Finally, Citigroup restated a “neutral” rating on shares of Iberdrola in a research report on Wednesday, October 21st.

Iberdrola Price Performance

Shares of OTCMKTS IBDRY opened at $98.88 on Wednesday. Iberdrola has a 52 week low of $80.64 and a 52 week high of $100.64. The stock has a market capitalization of $164.96 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 1.55 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 firm has a 50-day moving average price of $94.45 and a 200 day moving average price of $93.33.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.06). Iberdrola had a net margin of 14.74% and a return on equity of 9.56%. The firm had revenue of $12.72 billion for the quarter, compared to analysts’ expectations of $12.72 billion. Equities research analysts anticipate that Iberdrola will post 4.63 EPS for the current fiscal year.

Iberdrola Company Profile

Iberdrola, SA is a Spanish energy company engaged in the generation, distribution and supply of electricity, with a strategic focus on renewable energy and regulated electricity networks. Its activities include onshore and offshore wind, solar power, hydroelectric generation, battery storage and other low-carbon energy technologies, as well as the development and operation of electricity transmission and distribution infrastructure.

The company also supplies electricity and related energy services to residential, commercial and industrial customers.