Idacorp Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 11 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 154.56.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Idacorp Inc is 7.39, ranking 32 out of 66 in the Electric Utilities & IPPs industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 403.41M, representing a year-over-year decrease of 6.72%, while its net profit experienced a year-over-year decrease of 128.76%.
Key Metrics
The current valuation score of Idacorp Inc is 5.90, ranking 58 out of 66 in the Electric Utilities & IPPs industry. Its current P/E ratio is 19.58, which is 27.46% below the recent high of 24.95 and 14.75% above the recent low of 16.69.
The current earnings forecast score of Idacorp Inc is 8.22, ranking 8 out of 66 in the Electric Utilities & IPPs industry. The average price target is 138.50, with a high of 157.00 and a low of 129.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Idacorp Inc is 6.85, ranking 42 out of 66 in the Electric Utilities & IPPs industry. Currently, the stock price is trading between the resistance level at 148.00 and the support level at 140.84, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Idacorp Inc is 10.00, ranking 1 out of 66 in the Electric Utilities & IPPs industry. The latest institutional shareholding proportion is 103.23%, representing a quarter-over-quarter decrease of 1.01%. The largest institutional shareholder is George Soros, holding a total of 585.06K shares, representing 1.06% of shares outstanding, with 1.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electric Utilities & IPPs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Idacorp Inc is 9.79, ranking 14 out of 66 in the Electric Utilities & IPPs industry. The company's beta value is 0.51. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
