At the time of writing, Idacorp, Inc [IDA] stock is trading at $119.72, up 0.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IDA shares have gain 4.56% over the last week, with a monthly amount glided 5.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Idacorp, Inc [NYSE: IDA] stock has seen the most recent analyst activity on April 02, 2025, when Jefferies upgraded its rating to a Buy. Previously, Guggenheim upgraded its rating to Buy on January 23, 2025. On November 05, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $117 on the stock. Mizuho upgraded its rating to a Outperform and increased its price target to $116 on November 01, 2024. Jefferies initiated its recommendation with a Hold and recommended $110 as its price target on September 20, 2024. In a note dated March 13, 2024, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $92 on this stock.
For the past year, the stock price of Idacorp, Inc fluctuated between $88.70 and $120.42. Currently, Wall Street analysts expect the stock to reach $119 within the next 12 months. Idacorp, Inc [NYSE: IDA] shares were valued at $119.72 at the most recent close of the market. An investor can expect a potential drop of -0.6% based on the average IDA price forecast.
Analyzing the IDA fundamentals
According to Idacorp, Inc [NYSE:IDA], the company’s sales were 1.83B for trailing twelve months, which represents an -3.14% plunge. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
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 118.73 points at the first support level, and at 117.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.77, and for the 2nd resistance point, it is at 121.83.
Ratios To Look Out For
It is important to note that Idacorp, Inc [NYSE:IDA] has a current ratio of 1.41. As well, the Quick Ratio is 1.06, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 3.53, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 21.81.
Transactions by insiders
Recent insider trading involved Richins Adam J, SVP and COO (IPC), that happened on Feb 24 ’25 when 1500.0 shares were sold. Officer, Richins Adam J completed a deal on Feb 24 ’25 to buy 1500.0 shares. Meanwhile, VP of Cust Op & CSO (IPC) Hanchey James Bo D sold 1500.0 shares on May 23 ’24.
