The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Idacorp, Inc (NYSE: IDA) closed at $113.60 up 0.29% from its previous closing price of $113.27. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.4 million shares were traded. IDA stock price reached its highest trading level at $114.065 during the session, while it also had its lowest trading level at $112.845.
Ratios:
For a deeper understanding of Idacorp, Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 1.03.
BofA Securities Upgraded its Neutral to Buy on November 05, 2024, whereas the target price for the stock was revised from $113 to $117.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 13 ’25 when Malmen Jeffrey L sold 5,000 shares for $111.31 per share. The transaction valued at 556,550 led to the insider holds 16,346 shares of the business.
Malmen Jeffrey L bought 5,000 shares of IDA for $561,000 on May 13 ’25. On Feb 24 ’25, another insider, Richins Adam J, who serves as the SVP and COO (IPC) of the company, sold 1,500 shares for $113.95 each. As a result, the insider received 170,929 and left with 14,611 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IDA now has a Market Capitalization of 6136751616 and an Enterprise Value of 8956222464. As of this moment, Idacorp,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.14, and their Forward P/E ratio for the next fiscal year is 17.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 4.948 whereas that against EBITDA is 16.012.
Stock Price History:
The Beta on a monthly basis for IDA is 0.57, which has changed by 0.24261653 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, IDA has reached a high of $120.84, while it has fallen to a 52-week low of $90.67. The 50-Day Moving Average of the stock is -2.01%, while the 200-Day Moving Average is calculated to be 1.85%.
Shares Statistics:
For the past three months, IDA has traded an average of 488.65K shares per day and 489230 over the past ten days. A total of 54.02M shares are outstanding, with a floating share count of 53.78M. Insiders hold about 0.45% of the company’s shares, while institutions hold 88.86% stake in the company. Shares short for IDA as of 1748563200 were 3026777 with a Short Ratio of 6.19, compared to 1745971200 on 1479466. Therefore, it implies a Short% of Shares Outstanding of 3026777 and a Short% of Float of 7.19.
Dividends & Splits
According to the company, the forward annual dividend rate for IDA is 3.41, from 3.38 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029840207The stock’s 5-year Average Dividend Yield is 2.99. The current Payout Ratio is 60.95% for IDA, which recently paid a dividend on 2025-05-05 with an ex-dividend date of 1746403200. Stock splits for the company last occurred on 1985-06-07 when the company split stock in a 2:1 ratio.
