Detailed Review Of Prospects For Infrastructure and Energy Alternatives Inc. Stock

As of right now, Infrastructure and Energy Alternatives Inc. [IEA] is trading at $14.21, climbing down -0.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IEA shares have gain 0.50% over the last week, with a monthly amount glided 78.52%, and seem to be holding up well over a long-time horizon.

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On 4, August 2022, Infrastructure and Energy Alternatives Announces Second Quarter 2022 Results. In a post published today on Yahoo Finance, Infrastructure and Energy Alternatives, Inc. (Nasdaq: IEA) (“IEA” or the “Company”), a leading infrastructure company with renewable energy and specialty civil expertise, today announced results for the second quarter 2022.

From an analyst’s perspective:

Infrastructure and Energy Alternatives Inc. [NASDAQ: IEA] stock has seen the most recent analyst activity on July 26, 2022, when Stifel downgraded its rating to a Hold. Previously, DA Davidson downgraded its rating to Neutral on July 26, 2022. On March 18, 2022, Sidoti initiated with a Buy rating and assigned a price target of $17 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $18.50 on May 10, 2021. Guggenheim initiated its recommendation with a Buy and recommended $17 as its price target on May 04, 2021. DA Davidson upgraded its rating to Buy for this stock on June 11, 2020. In a note dated November 01, 2018, DA Davidson initiated an Neutral rating.

Through the last year, Infrastructure and Energy Alternatives Inc.’s stock price ranged from $6.38 to $14.45. Currently, Wall Street analysts expect the stock to reach $13.80 within the next 12 months. Infrastructure and Energy Alternatives Inc. [NASDAQ: IEA] shares were valued at $14.21 at the most recent close of the market. An investor can expect a potential drop of -2.89% based on the average price forecast.

Analyzing the IEA fundamentals

For Apple Inc, (IEA), the latest quarter sales were 360.1 billion, which represents an 30.30% increase. Gross Margin for this corporation currently stands at +9.92% with Operating Margin at +3.96%, Pretax Margin comes in at -3.49%, and Net Margin reading is -4.03%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.13 points at the first support level, and at 14.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.28, and for the 2nd resistance point, it is at 14.35.

Infrastructure and Energy Alternatives Inc. [IEA] reported earnings per share of -$0.56 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.12/share, meaning a difference of $-0.44 and a surprise factor of -366.70%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $0.95 per share as compared to estimates of $0.24 per share, a difference of $0.71 representing a surprise of 295.80%.

Ratios To Look Out For

It is important to note that Infrastructure and Energy Alternatives Inc. [NASDAQ:IEA] has a current ratio of 1.30. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 11.86.

Transactions by insiders

In the past 3 months, 16 insiders have purchased 131,497 shares, and 8 have sold 108,834 shares. Recent insider trading involved MOERBEEK PETER J, Chief Financial Officer, that happened on Dec 20 when 10000.0 shares were purchased. Director, GARNER CHARLES HUGH FARKAS completed a deal on Dec 17 to buy 5500.0 shares. Meanwhile, EVP, Wind Operations Hanson Christopher bought 2000.0 shares on Dec 02.