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

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have been given a consensus rating of “Hold” by the nine ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company.

A number of analysts have weighed in on IBDRY shares. Erste Group Bank upgraded Iberdrola from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Citigroup upgraded Iberdrola to a “hold” rating in a report on Friday, June 26th. Oddo Bhf lowered Iberdrola from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 23rd. Finally, Barclays upgraded shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 26th.

Iberdrola Trading Down 2.5%

IBDRY stock opened at $91.42 on Tuesday. Iberdrola has a twelve month low of $72.48 and a twelve month high of $100.64. The stock has a market capitalization of $152.52 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 2.32 and a beta of 0.63. 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’s fifty day simple moving average is $94.59 and its two-hundred day simple moving average is $93.49.

Iberdrola (OTCMKTS:IBDRY) last announced its earnings results on Wednesday, July 22nd. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.02). Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. The business had revenue of $11.93 billion for the quarter, compared to analysts’ expectations of $12.08 billion. As a group, analysts anticipate that Iberdrola will post 4.71 earnings per share for the current year.

About Iberdrola

Iberdrola, SA is a Spanish multinational energy company headquartered in Bilbao. Its principal activities include electricity generation, transmission and distribution, renewable energy development, and the sale of electricity and related energy services to residential, commercial and industrial customers.

The company operates a diversified generation portfolio that includes onshore and offshore wind, solar power, hydroelectric facilities and nuclear energy. Iberdrola also develops and manages electricity networks and invests in grid modernization, digital infrastructure and other technologies that support the transition to lower-carbon energy systems.

Iberdrola serves customers and operates energy infrastructure across several markets, including Spain, the United Kingdom, the United States, Brazil, Mexico and Australia, as well as other European countries.