IDACORP Stock Price and Value Analysis

Should you buy IDACORP stock? (NYSE:IDA). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantages
  • This company is solid.
  • This company has amazingly consistent growth!
  • This company has a high dividend yield.
  • This stock looks overpriced.
  • This company is making money at a modest rate.

Inside the IDA Numbers

IDA Price
(IDACORP stock price per share)
$99.14
[?] IDA Fair Price
(based on intrinsic value)
$72.28
[?] IDA Safety Price (based on a variable margin of safety) $46.98
[?] PE Ratio versus Sector 31% higher than other Utilities stocks
[?] PE Ratio versus Industry 45% higher than other Unknown stocks
[?] Cash Yield 4.03%
[?] Free Cash Flow Jitter 7%
[?] Dividend Yield 3%
Shares Shorted 953,388

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 953,388 shares shorted. With 50,216,932 shares available for purchase and an average trading volume over the past 10 trading days of 247,071, it would take at least 3.859 days for all of the short holders to cover their shorts.

Is IDACORP Stock on Sale?

We believe that IDACORP may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

IDACORP looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy IDA Stock?

Does IDACORP have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.