Hydro One (TSE:H) is set to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of C$0.21 per share for the quarter.
H opened at C$20.72 on Thursday. The firm has a market cap of $12.41 billion and a P/E ratio of 16.06. Hydro One has a fifty-two week low of C$18.57 and a fifty-two week high of C$21.60. The company has a debt-to-equity ratio of 118.23, a current ratio of 0.69 and a quick ratio of 0.63.
A number of equities analysts have commented on H shares. National Bank Financial lifted their price objective on shares of Hydro One from C$21.00 to C$23.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 6th. CIBC raised their target price on shares of Hydro One from C$19.75 to C$20.00 in a report on Thursday, December 6th. Finally, Raymond James restated a “market perform” rating on shares of Hydro One in a report on Wednesday. One research analyst has rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$21.50.
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 30,000 circuit kilometers of high-voltage transmission network and 123,000 circuit kilometers of low-voltage distribution network; and 308 transmission stations.
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