EE stock: buy or sell?

EE stock price: $67.96 0.27% At close on March 31st, 2020

Updated on:
March 31st, 2020

4

El Paso Electric shares remained constant 0.27% to $67.96 today.

El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico.

Should I buy EE stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Just 1 of our buy setups matches with El Paso Electric stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is El Paso Electric stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for EE stock for the last 30 days.

EE stock analysis

Daily outlook

Shares of El Paso Electric remained constant a slightly fine 0.27% and closed at $67.96.

El Paso Electric shares remained steady 0.27% to $67.96 today. On March/24 EE price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On November, EE hit new all time highs, pushing higher previous ATH of $67.09 recorded on October. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

EE stock chart (daily)

Weekly outlook

El Paso Electric shares gained 1.04% this week, ending at $67.96.

The downtrend marked by EE has left successive declining tops and bottoms. If the support holds the price, this might mark a double bottom shape and create a flat-base to reverse this downtrend. Far behind is the all-time high El Paso Electric marked by mid November 2019 but price is just -7.65% below that top. Last week EE price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late May 2019, SMA20w and SMA40w crossed up triggering a rise of 17.88%.

EE stock chart (weekly)

EE stock price history

EE stock went public on July 7th, 1989 with a price of $7.291. Since then, EE stock grew a 832.20%, with a yearly average of 27.70%. If you had invested $1,000 in EE stock in 1989, it would worth $8,322.00 today.

1: Adjusted price after possible price splits or reverse-splits.

EE stock historical price chart

EE stock reached all-time highs on November with a price of $73.59.

EE stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for El Paso Electric stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report , El Paso Electric . Unfortunately, reported EPS is not yet available in our database.
EE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.1n/a
2017-Q2-n/a0.89n/a
2017-Q32017-11-011.581.47-7.0%
2017-Q42018-02-270.220.16-27.3%
2018-Q12018-05-03n/a-0.12n/a
2018-Q22018-08-02n/a0.76n/a
2018-Q32018-11-01n/a1.79n/a
2018-Q42019-02-27n/a0.07n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, El Paso Electric annual revenues decreased a bad -1.44% to $903.60 M USD from $916.80 marked in 2017. In the same way, its earnings margin (compared to revenues) depreciated to 9.33%, that is $84.32 million.

EE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$890 M-$88 M9.9%-
2014$918 M3.05%$91 M10.0%3.51%
2015$850 M-7.37%$82 M9.6%-10.40%
2016$887 M4.36%$97 M10.9%18.13%
2017$917 M3.37%$98 M10.7%1.54%
2018$904 M-1.44%$84 M9.3%-14.19%

Quarterly financial results

El Paso Electric reported $190.82 M in sales for 2018-Q4, a -36.45% decline compared to previous quarter. Reported quarter earnings marked $-15.29 M with a profit margin of -8.01%. Profit margin plunged a -32.41% compared to previous quarter when profit margin was 24.40%. When comparing revenues to same quarter last year, El Paso Electric sales marked an ugly drop down and declined a -2.72%.
EE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$171 M-$-4 M-2.4%-
2017-Q2$252 M46.98%$36 M14.3%-991.32%
2017-Q3$297 M18.12%$60 M20.1%66.16%
2017-Q4$196 M-34.06%$7 M3.3%-89.11%
2018-Q1$176 M-10.42%$-7 M-4.0%-207.17%
2018-Q2$237 M34.76%$33 M14.1%-577.96%
2018-Q3$300 M26.81%$73 M24.4%120.07%
2018-Q4$191 M-36.45%$-15 M-8.0%-120.86%

El Paso Electric ownership

When you are planning to buy shares of a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For El Paso Electric, 1.15% of all outstanding shares are owned by its staff.

Bearish positions for EE stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to El Paso Electric:

EE
Market cap$2.8 B
Total shares40.7 M
Float shares40.4 M
  - Institutional holdings (%)97.5%
  - Insider holdings (%)1.1%
Shares in short selling0.0%

EE summary

Tuesday, March 31st, 2020
Open$67.81
Close$67.96
Day range$67.65 - $68.20
Previous close$67.78
Session gain0.27%
Average true range$1.92
50d mov avg$67.38
100d mov avg$67.22
200d mov avg$66.39
Daily pattern
Weekly pattern lt02a

El Paso Electric performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For El Paso Electric, the benchmark is made against .
Stock3m6m12m
EEEl Paso Electric0.68%2.23%15.85%

El Paso Electric competitors

Unfortunately, we could not find any public company that could be defined as El Paso Electric competitor. This doesn't mean El Paso Electric does not have any competitor in the market, it's just we could not detected it.