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

Iberdrola S.A. (OTCMKTS:IBDRY) has earned a consensus recommendation of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several research firms recently weighed in on IBDRY. Kepler Capital Markets downgraded Iberdrola from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft upgraded Iberdrola to a “buy” rating in a report on Tuesday, September 29th. Citigroup reissued a “neutral” rating on shares of Iberdrola in a research report on Wednesday, October 21st. DZ Bank raised shares of Iberdrola from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 21st. Finally, The Goldman Sachs Group upgraded shares of Iberdrola from a “hold” rating to a “buy” rating in a report on Thursday, October 1st.

Iberdrola Stock Down 0.9%

Shares of OTCMKTS IBDRY opened at $98.85 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.63 and a current ratio of 0.75. The firm has a market capitalization of $164.91 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 1.56 and a beta of 0.48. The stock has a 50 day moving average price of $94.68 and a 200 day moving average price of $93.47. Iberdrola has a 52-week low of $81.26 and a 52-week high of $100.64.

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

About Iberdrola

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.