IDACORP Shares Outstanding vs. Operating Margin

IDA Stock  USD 118.47  0.27  0.23%   
Considering IDACORP's profitability and operating efficiency indicators, IDACORP's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess IDACORP's ability to earn profits and add value for shareholders. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.19, whereas Price To Sales Ratio is forecasted to decline to 1.69. At present, IDACORP's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 5.41, whereas Accumulated Other Comprehensive Income is forecasted to decline to (18 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.170.1794
Notably Down
Slightly volatile
Net Profit Margin0.10.1479
Way Down
Slightly volatile
Pretax Profit Margin0.120.1637
Way Down
Pretty Stable
Return On Assets0.0250.0308
Significantly Down
Slightly volatile
Return On Equity0.10.0898
Moderately Up
Slightly volatile
For IDACORP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IDACORP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IDACORP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IDACORP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IDACORP over time as well as its relative position and ranking within its peers.
  

IDACORP's Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDACORP. If investors know IDACORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
3.32
Earnings Share
5.43
Revenue Per Share
35.553
Quarterly Revenue Growth
0.034
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

IDACORP Operating Margin vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IDACORP's current stock value. Our valuation model uses many indicators to compare IDACORP value to that of its competitors to determine the firm's financial worth.
IDACORP is rated below average in shares outstanding category among its peers. It is rated fifth overall in operating margin category among its peers . The ratio of Shares Outstanding to Operating Margin for IDACORP is about  207,275,486 . At present, IDACORP's Operating Profit Margin is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IDACORP's earnings, one of the primary drivers of an investment's value.

IDACORP Operating Margin vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

IDACORP

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
53.27 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

IDACORP

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.26 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.

IDACORP Operating Margin Comparison

IDACORP is currently under evaluation in operating margin category among its peers.

IDACORP Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IDACORP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IDACORP will eventually generate negative long term returns. The profitability progress is the general direction of IDACORP's change in net profit over the period of time. It can combine multiple indicators of IDACORP, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-17.2 M-18 M
Operating Income313.5 M212.6 M
Net Income261.9 M160.4 M
Income Tax Expense27.3 M28.7 M
Income Before Tax289.2 M188 M
Total Other Income Expense Net-24.3 M-23.1 M
Net Income Applicable To Common Shares297.8 M171 M
Net Income From Continuing Ops272.7 M245.9 M
Non Operating Income Net Other68.5 M47.4 M
Interest Income15.3 M14.5 M
Net Interest Income-106.9 M-112.3 M
Change To Netincome-34 M-32.3 M
Net Income Per Share 5.15  5.41 
Income Quality 1.02  0.97 
Net Income Per E B T 0.90  1.16 

IDACORP Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on IDACORP. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IDACORP position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IDACORP's important profitability drivers and their relationship over time.

Use IDACORP in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IDACORP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IDACORP will appreciate offsetting losses from the drop in the long position's value.

IDACORP Pair Trading

IDACORP Pair Trading Analysis

The ability to find closely correlated positions to IDACORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IDACORP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IDACORP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IDACORP to buy it.
The correlation of IDACORP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IDACORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IDACORP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IDACORP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your IDACORP position

In addition to having IDACORP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Government Funds Thematic Idea Now

Government Funds
Government Funds Theme
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock:
Check out Risk vs Return Analysis.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
To fully project IDACORP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of IDACORP at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include IDACORP's income statement, its balance sheet, and the statement of cash flows.
Potential IDACORP investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IDACORP investors may work on each financial statement separately, they are all related. The changes in IDACORP's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IDACORP's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.