|Bid||57.00 x 800|
|Ask||58.00 x 900|
|Day's Range||57.71 - 58.10|
|52 Week Range||52.60 - 82.46|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||8.27|
|Earnings Date||Feb 13, 2023 - Feb 17, 2023|
|Forward Dividend & Yield||1.65 (2.84%)|
|Ex-Dividend Date||Nov 14, 2022|
|1y Target Est||68.00|
Every investor in Otter Tail Corporation ( NASDAQ:OTTR ) should be aware of the most powerful shareholder groups. The...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shares of Otter Tail (NASDAQ: OTTR) were sliding today after the utilities and manufacturing company posted better-than-expected results in its third-quarter earnings report but cut its guidance for the full year. Otter Tail said that revenue in the quarter jumped 21.3% to $383.9 million in part due to higher utility rates and materials prices. Sales were up at least 10% in all three of its business segments, with plastics recording the fastest growth at 32.4%, benefiting from the 57% rise in price per pound of PVC pipe.