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IDACORP: Still Knocking On The Buy Zone's Door Now

Source: seekingalpha.com

Company FundamentalsAnalyst InsightsCredit & Bond Markets
IDACORP: Still Knocking On The Buy Zone's Door Now

IDACORP has lagged the S&P 500 since June, but the article argues its regulated utility customer ramp-ups, customer growth, and multi-gigawatt pipeline should support robust diluted EPS growth. It also notes the company’s interest coverage is respectable for the sector, implying manageable leverage risk. Overall, the tone is mildly supportive of fundamentals despite recent underperformance.

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