Witnessing the stock’s movement on the chart, on Wednesday, Otter Tail Corporation (NASDAQ: OTTR) set off with pace as it heaved 3.63% to $85.15, before settling in for the price of $82.17 at the close. Taking a more long-term approach, OTTR posted a 52-week range of $68.96-$99.49.
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The company of the Utilities sector’s yearbook sales growth during the past 5- year span was recorded 9.20%. Meanwhile, its Annual Earning per share during the time was 27.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -23.04%. This publicly-traded company’s shares outstanding now amounts to $41.71 million, simultaneously with a float of $40.84 million. The organization now has a market capitalization sitting at $3.56 billion. At the time of writing, stock’s 50-day Moving Average stood at $87.45, while the 200-day Moving Average is $81.59.
Otter Tail Corporation (OTTR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Diversified industry. Otter Tail Corporation’s current insider ownership accounts for 2.23%, in contrast to 61.63% institutional ownership. According to the most recent insider trade that took place on Nov 20 ’23, this organization’s Director sold 2,500 shares at the rate of 77.36, making the entire transaction reach 193,400 in total value, affecting insider ownership by 0.
Otter Tail Corporation (OTTR) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.37 earnings per share (EPS) for the period topping the consensus outlook (set at $1.25) by $0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.51 per share during the current fiscal year.
Otter Tail Corporation’s EPS decrease for this current 12-month fiscal period is -23.04% and is forecasted to reach 4.21 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.00% through the next 5 years, which can be compared against the 27.66% growth it accomplished over the previous five years trading on the market.
Otter Tail Corporation (NASDAQ: OTTR) Trading Performance Indicators
Let’s observe the current performance indicators for Otter Tail Corporation (OTTR). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 2.05. Alongside those numbers, its PE Ratio stands at $12.17, and its Beta score is 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.64. Similarly, its price to free cash flow for trailing twelve months is now 30.31.
In the same vein, OTTR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.00, a figure that is expected to reach 1.41 in the next quarter, and analysts are predicting that it will be 4.21 at the market close of one year from today.
Technical Analysis of Otter Tail Corporation (OTTR)
Going through the that latest performance of [Otter Tail Corporation, OTTR]. Its last 5-days volume of 0.53 million indicated improvement to the volume of 0.28 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 79.85% While, its Average True Range was 1.91.
Raw Stochastic average of Otter Tail Corporation (OTTR) in the period of the previous 100 days is set at 43.53%, which indicates a major fall in contrast to 75.07% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.08% that was lower than 30.97% volatility it exhibited in the past 100-days period.
