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

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have received a consensus rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company.

IBDRY has been the subject of several research reports. Erste Group Bank downgraded Iberdrola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Iberdrola in a research note on Friday, February 27th. Finally, Barclays upgraded shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th.

Iberdrola Stock Down 0.7%

Shares of OTCMKTS:IBDRY opened at $95.87 on Thursday. Iberdrola has a 52-week low of $69.66 and a 52-week high of $97.07. The company has a market capitalization of $161.97 billion, a PE ratio of 23.61, a price-to-earnings-growth ratio of 2.45 and a beta of 0.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.78 and a current ratio of 0.87. The company has a fifty day moving average of $92.80 and a 200-day moving average of $90.71.

Iberdrola (OTCMKTS:IBDRY) last released its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.04). The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.62 billion. Iberdrola had a net margin of 13.40% and a return on equity of 9.88%. On average, equities analysts predict that Iberdrola will post 4.59 EPS for the current fiscal 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.