Confused? Buy or Sell in volatile market – Analyst report Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP)

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Earnings results for Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.06 and remained the same over the past month at 1.06 . none raised and none lowered their forecast.

Companhia Paranaense de Energia last released its earnings results on May 15th, 2020. The utilities provider reported $0.42 earnings per share for the quarter. The company had revenue of $938.12 million for the quarter. Companhia Paranaense de Energia has generated $1.60 earnings per share over the last year and currently has a price-to-earnings ratio of 6.2. Companhia Paranaense de Energia has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 19th, 2020 based off prior year’s report dates.

Analyst Opinion on Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP)

3 Wall Street analysts have issued ratings and price targets for Companhia Paranaense de Energia in the last 12 months. There are currently 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Dividend Strength: Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP)

Companhia Paranaense de Energia is a leading dividend payer. It pays a dividend yield of 4.55%, putting its dividend yield in the top 25% of dividend-paying stocks. Companhia Paranaense de Energia does not have a long track record of dividend growth. The dividend payout ratio of Companhia Paranaense de Energia is 30.63%. This payout ratio is at a healthy, sustainable level, below 75%.

Insiders buying/selling: Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP)

In the past three months, Companhia Paranaense de Energia insiders have not sold or bought any company stock. Only 0.40% of the stock of Companhia Paranaense de Energia is held by institutions.

Earnings and Valuation of Companhia Paranaense de Energia Stock Forecast, Price & News (NYSE:ELP

The P/E ratio of Companhia Paranaense de Energia is 6.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.32. The P/E ratio of Companhia Paranaense de Energia is 6.21, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.51. Companhia Paranaense de Energia has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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