News analysis about El Paso Electric (NYSE:EE) has gained fairly positive last few days, Accern study analysis. Accern pointing out the bullish and bearish press coverage by examining larger than twenty million public financial documents, market websites and SEC sources in real-time. Accern grades analysis of large corporations ranging from -1 to 1, with ranks nearest to 1 is considered more positive. El Paso Electric earned a coverage optimism point of 0.14 on Accern’s range. Accern issued news stories about the utilities provider a media impact point of 46.6160450961889 out of 100, pointing that recent press coverage is fairly unlikely to affect on the firms share value near term.
El Paso Electric (NYSE:EE) started trading at 55.60 on early Fri. the share has a company valuation of $2.26 B, a PE book ratio of 20.09 along with a stock beta of 0.48. El Paso Electric has a 52 week low of $42.49 and a 52 week high of $56.58. The stock’s 50 day SMA price is $54.54 and the 200 day SMA is $52.24.
Many investment analysts have quite recently weighed in on The corporation. Zacks trimmed El Paso Electric from a “buy” recommendation to a “hold” recommendation in a study on Thurs, Sep 21st. ValuEngine lifted El Paso Electric from a “hold” recommendation to a “buy” recommendation in a study on Thurs, Sep 7th. BidaskClub lifted El Paso Electric from a “hold” recommendation to a “buy” recommendation in a study on Fri, Aug 18th. Mizuho initiated coverage on El Paso Electric in a note on Thurs, Aug 17th. Analyst fixed “neutral” recommendation and a $55.00 target price for The corporation. Lastly, Jefferies reiterated a “hold” recommendation and fixed a $56.00 target price (up prior from $55.00) on stocks of El Paso Electric in a note on Fri, Aug 11th. Five financial stock experts recommended the company shares with a hold recommendation and two have issued a buy recommendation to the share. El Paso Electric has a average recommendation of “Hold” and an consensus price target of $55.00.
El Paso Electric (NYSE:EE) previously issued its earnings report on early Wed, Aug 2nd. The utilities provider posted $0.89 EPS (EPS) for the period, reaching the average forecast of $0.75 by $0.14. El Paso Electric had a ROE of 9.95% and a net profit margin of 11.45%. the company reported sales of $251.84 M through out the period. for the same period in the previous fiscal year, firm reported $0.55 Earnings Per Share. Stock analysts expect that El Paso Electric to post $2.59 EPS for the present financial year.