BidaskClub Lowers IES Holdings, Inc. (NASDAQ:IESC) to Hold

BidaskClub lowered shares of IES Holdings, Inc. (NASDAQ:IESC) from a buy rating to a hold rating in a report issued on Monday, July 24th.

Shares of IES Holdings (NASDAQ:IESC) opened at 15.00 on Monday. IES Holdings has a 12-month low of $13.93 and a 12-month high of $23.00. The firm has a market cap of $319.50 million, a PE ratio of 2.88 and a beta of 0.78. The company has a 50 day moving average price of $16.86 and a 200 day moving average price of $17.78.

IES Holdings (NASDAQ:IESC) last issued its quarterly earnings data on Friday, August 4th. The technology company reported $0.17 earnings per share (EPS) for the quarter. IES Holdings had a return on equity of 8.26% and a net margin of 13.87%. The firm had revenue of $208.30 million during the quarter. On average, analysts forecast that IES Holdings will post ($1.87) earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “BidaskClub Lowers IES Holdings, Inc. (NASDAQ:IESC) to Hold” was first published by BNB Daily and is the property of of BNB Daily. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/19/ies-holdings-inc-nasdaqiesc-lowered-to-hold-at-bidaskclub-updated-updated-updated.html.

Several hedge funds and other institutional investors have recently modified their holdings of IESC. State Street Corp increased its position in shares of IES Holdings by 20.0% in the second quarter. State Street Corp now owns 128,224 shares of the technology company’s stock valued at $2,327,000 after buying an additional 21,407 shares in the last quarter. PDT Partners LLC increased its position in shares of IES Holdings by 2.1% in the second quarter. PDT Partners LLC now owns 10,521 shares of the technology company’s stock valued at $191,000 after buying an additional 221 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of IES Holdings by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 740,302 shares of the technology company’s stock valued at $13,436,000 after buying an additional 4,514 shares in the last quarter. Vanguard Group Inc. increased its position in shares of IES Holdings by 2.3% in the second quarter. Vanguard Group Inc. now owns 342,436 shares of the technology company’s stock valued at $6,215,000 after buying an additional 7,703 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of IES Holdings by 3.0% in the second quarter. Northern Trust Corp now owns 97,465 shares of the technology company’s stock valued at $1,769,000 after buying an additional 2,857 shares in the last quarter. Hedge funds and other institutional investors own 81.00% of the company’s stock.

IES Holdings Company Profile

IES Holdings, Inc, formerly Integrated Electrical Services, Inc, is a holding company that owns and manages diverse operating subsidiaries across a range of infrastructure-related end markets. The Company operates through four segments: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.

Receive News & Ratings for IES Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IES Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply