Analysts Set Expectations for Hydro One Ltd’s Q4 2019 Earnings (TSE:H)

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Hydro One Ltd (TSE:H) – National Bank Financial issued their Q4 2019 earnings estimates for Hydro One in a research note issued on Tuesday, February 11th. National Bank Financial analyst P. Kenny expects that the company will earn $0.34 per share for the quarter.

H has been the topic of a number of other research reports. CIBC boosted their price objective on shares of Hydro One from C$27.00 to C$29.00 in a report on Thursday. TD Securities boosted their price objective on shares of Hydro One from C$24.00 to C$27.00 and gave the stock a “hold” rating in a report on Thursday. Raymond James reiterated a “market perform” rating and issued a C$28.00 price objective on shares of Hydro One in a report on Thursday. Wells Fargo & Co boosted their price objective on shares of Hydro One from C$29.00 to C$32.00 in a report on Thursday. Finally, Credit Suisse Group lowered shares of Hydro One from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from C$27.00 to C$28.00 in a report on Monday, January 20th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Hydro One currently has a consensus rating of “Hold” and an average price target of C$27.46.

Shares of H stock opened at C$29.30 on Thursday. Hydro One has a 12 month low of C$20.02 and a 12 month high of C$29.43. The company has a debt-to-equity ratio of 127.80, a current ratio of 0.39 and a quick ratio of 0.35. The firm has a market capitalization of $17.16 billion and a P/E ratio of -126.84. The company’s fifty day moving average price is C$26.31 and its two-hundred day moving average price is C$24.96.

Hydro One Company Profile

Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 123,000 circuit kilometers of low-voltage distribution network.

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