Iberdrola (OTCMKTS:IBDRY) Stock Rating Lowered by Erste Group Bank

Iberdrola (OTCMKTS:IBDRY) was downgraded by analysts at Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports. Erste Group Bank also issued estimates for Iberdrola’s FY2026 earnings at $4.63 EPS and FY2027 earnings at $4.96 EPS.

Separately, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Iberdrola in a report on Friday, February 27th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Iberdrola Price Performance

IBDRY stock opened at $91.94 on Tuesday. The stock has a market cap of $155.33 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 2.33 and a beta of 0.66. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.87 and a quick ratio of 0.78. The company has a 50 day simple moving average of $92.03 and a 200 day simple moving average of $88.63. Iberdrola has a 1 year low of $67.85 and a 1 year high of $96.50.

Iberdrola (OTCMKTS:IBDRY) last posted its earnings results on Wednesday, April 29th. The utilities provider reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.04). The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $13.62 billion. Iberdrola had a return on equity of 9.88% and a net margin of 13.40%. Research analysts anticipate that Iberdrola will post 4.6 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.