Idacorp Stock Analysis

IDA
 Stock
  

USD 113.78  1.38  1.20%   

The modest gains experienced by current holders of Idacorp may raise some interest from investors. The stock closed today at a share price of 113.78 on 161,757 in trading volume. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.41. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Please see Risk vs Return Analysis.
  
The Idacorp stock analysis report makes it easy to digest most publicly released information about Idacorp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Idacorp Stock analysis module also helps to analyze the Idacorp price relationship with some important fundamental indicators such as market cap and management efficiency.

Idacorp Stock Analysis Notes

About 84.0% of the company shares are owned by institutional investors. The book value of Idacorp was currently reported as 52.87. The company last dividend was issued on the 2nd of August 2022. Idacorp had 2:1 split on the 7th of June 1985. IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho. Idacorp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1992 people. To learn more about Idacorp call Darrel Anderson at 208 388-2200 or check out www.idacorpinc.com.

Idacorp Quarterly Cost of Revenue

226.27 Million

Idacorp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Idacorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Idacorp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.marketbeat.com: IDACORP Updates FY 2022 Earnings Guidance - MarketBeat

Idacorp Upcoming and Recent Events

Earnings reports are used by Idacorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Idacorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report17th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Idacorp Largest EPS Surprises

Earnings surprises can significantly impact Idacorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2013-02-21
2012-12-310.30.330.0310 
2012-02-22
2011-12-310.210.18-0.0314 
2003-02-07
2002-12-31-0.04-0.08-0.04100 
View All Earnings Estimates

Idacorp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Idacorp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Idacorp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Idacorp specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
10th of June 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
23rd of May 2022
Submission of Matters to a Vote of Security Holders
View
5th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
9th of March 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
17th of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
14th of February 2022
Unclassified Corporate Event
View
9th of February 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Unclassified Corporate Event
View

Idacorp Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 5.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Idacorp's market, we take the total number of its shares issued and multiply it by Idacorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Idacorp Profitablity

Idacorp's profitability indicators refer to fundamental financial ratios that showcase Idacorp's ability to generate income relative to its revenue or operating costs. If, let's say, Idacorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Idacorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Idacorp's profitability requires more research than a typical breakdown of Idacorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 16.62 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 33.29 %, which entails that for every 100 dollars of revenue, it generated 0.33 of operating income.
Last ReportedProjected for 2022
Return on Investment 7.14  6.78 
Return on Average Assets 0.0306  0.0306 
Return on Average Equity 0.09  0.09 
Return on Invested Capital 0.05  0.05 
Return on Sales 0.26  0.29 

Management Efficiency

The entity has Return on Asset of 2.73 % which means that on every $100 spent on asset, it made $2.73 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 9.4 %, implying that it generated $9.4 on every 100 dollars invested. Idacorp management efficiency ratios could be used to measure how well idacorp manages its routine affairs as well as how well it operates its assets and liabilities. Idacorp Return on Invested Capital is projected to increase slightly based on the last few years of reporting. The past year's Return on Invested Capital was at 0.05. The current year Return on Sales is expected to grow to 0.29, whereas Return on Investment is forecasted to decline to 6.78. Idacorp Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 7.21 Billion. The current year Assets Non Current is expected to grow to about 6.7 B, whereas Current Assets are forecasted to decline to about 594.9 M.
Last ReportedProjected for 2022
Book Value per Share 52.74  52.60 
Enterprise Value over EBIT 19.00  19.63 
Enterprise Value over EBITDA 13.24  13.56 
Price to Book Value 2.15  2.16 
Tangible Assets Book Value per Share 142.50  145.17 
Enterprise Value7.4 B7.1 B
Tangible Asset Value7.2 B7.3 B

Technical Drivers

As of the 17th of August 2022, Idacorp retains the Market Risk Adjusted Performance of 0.2375, downside deviation of 1.43, and Risk Adjusted Performance of 0.1232. Idacorp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Idacorp, which can be compared to its competitors. Please check out Idacorp variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Idacorp is priced fairly, providing market reflects its last-minute price of 113.78 per share. Given that Idacorp has jensen alpha of 0.0643, we strongly advise you to confirm Idacorp's regular market performance to make sure the company can sustain itself at a future point.

Idacorp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Idacorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Idacorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Idacorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Idacorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Idacorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Idacorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Idacorp Technical and Predictive Indicators

Idacorp Forecast Models

Idacorp time-series forecasting models is one of many Idacorp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Idacorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Idacorp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Idacorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Idacorp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Idacorp. By using and applying Idacorp Stock analysis, traders can create a robust methodology for identifying Idacorp entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 22.61  20.90 
EBITDA Margin 0.38  0.42 
Gross Margin 0.39  0.43 
Profit Margin 0.17  0.18 
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho. Idacorp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1992 people.

Current Idacorp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Idacorp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Idacorp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
115.33Hold3Odds
Idacorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Idacorp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Idacorp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Idacorp, talking to its executives and customers, or listening to Idacorp conference calls.
Idacorp Analyst Advice Details

Idacorp Stock Analysis Indicators

Idacorp stock analysis indicators help investors evaluate how Idacorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Idacorp shares will generate the highest return on investment. By understating and applying Idacorp stock analysis, traders can identify Idacorp position entry and exit signals to maximize returns.
Quick Ratio1.17
Trailing Annual Dividend Rate2.84
Fifty Two Week Low95.26
Revenue Growth8.90%
Payout Ratio59.96%
Average Daily Volume Last 10 Day174.1k
Shares Short Prior Month817.14k
Average Daily Volume In Three Month203.77k
Earnings Growth2.60%
Shares Percent Shares Out1.91%
Earnings Quarterly Growth3.20%
Gross Margins36.53%
Forward Price Earnings22.06
Short Percent Of Float2.48%
Float Shares50.22M
Fifty Two Week High118.92
Fifty Day Average106.43
Enterprise Value To Ebitda15.13
Two Hundred Day Average108.25
Enterprise Value To Revenue5.04
Trailing Annual Dividend Yield2.47%
Please see Risk vs Return Analysis. Note that the Idacorp information on this page should be used as a complementary analysis to other Idacorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Idacorp Stock analysis

When running Idacorp price analysis, check to measure Idacorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Idacorp is operating at the current time. Most of Idacorp's value examination focuses on studying past and present price action to predict the probability of Idacorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Idacorp's price. Additionally, you may evaluate how the addition of Idacorp to your portfolios can decrease your overall portfolio volatility.
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Is Idacorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Idacorp. If investors know Idacorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Idacorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.081
Market Capitalization
5.8 B
Quarterly Revenue Growth YOY
-0.004
Return On Assets
0.0259
Return On Equity
0.0907
The market value of Idacorp is measured differently than its book value, which is the value of Idacorp that is recorded on the company's balance sheet. Investors also form their own opinion of Idacorp's value that differs from its market value or its book value, called intrinsic value, which is Idacorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Idacorp's market value can be influenced by many factors that don't directly affect Idacorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Idacorp's value and its price as these two are different measures arrived at by different means. Investors typically determine Idacorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idacorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.