Shares of Infrastructure and Energy Alternatives (NASDAQ:IEA) have received an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating. Infrastructure and Energy Alternatives’ rating score has declined by 50% from 90 days ago as a result of various analysts’ ratings changes.
Brokerages have set a twelve-month consensus target price of $5.00 for the company and are anticipating that the company will post $0.47 EPS for the current quarter, according to Zacks. Zacks has also assigned Infrastructure and Energy Alternatives an industry rank of 159 out of 255 based on the ratings given to its competitors.
A number of equities research analysts recently issued reports on IEA shares. ValuEngine upgraded shares of Infrastructure and Energy Alternatives from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Zacks Investment Research cut shares of Infrastructure and Energy Alternatives from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd.
Shares of NASDAQ IEA traded down $0.09 during mid-day trading on Friday, reaching $2.76. The company had a trading volume of 7,896 shares, compared to its average volume of 251,726. Infrastructure and Energy Alternatives has a twelve month low of $1.81 and a twelve month high of $10.80. The firm has a market capitalization of $57.86 million, a PE ratio of -3.45 and a beta of 0.12. The stock has a 50 day simple moving average of $4.04.
Infrastructure and Energy Alternatives (NASDAQ:IEA) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.61) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.63). The firm had revenue of $327.96 million for the quarter, compared to analyst estimates of $330.00 million. On average, equities research analysts predict that Infrastructure and Energy Alternatives will post -0.55 earnings per share for the current fiscal year.
Infrastructure and Energy Alternatives Company Profile
Infrastructure and Energy Alternatives, Inc, a diversified infrastructure construction company, provides engineering, procurement, and construction services for the renewable energy, traditional power, and civil infrastructure industries in the United States. It offers design, site development, construction, installation, and restoration of infrastructure services.
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