Cleco
What analysts say:
- Buy, sell, or hold?: Half of analysts think investors should stand pat on Cleco while the remaining half rate the stock as a buy half of analysts think investors should stand pat on Cleco. Analysts still rate the stock a hold, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $354.2 million in revenue this quarter. That would represent a rise of 1.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1 per share. Estimates range from $0.97 to $1.02.
What our community says:
CAPS All-Stars are solidly behind the stock with 93.3% granting it an outperform rating. The community at large agrees with the All-Stars with 91.6% assigning it a rating of outperform. Fools are gung-ho about Cleco, though the message boards have been quiet lately with only 24 posts in the past 30 days. Cleco has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Management:
Cleco's profit has risen year over year by an average of 15.9% over the past five quarters. Revenue has fallen in the past two quarters. The company's gross margin shrank by 2.9 percentage points in the last quarter. Revenue fell 1.1% while cost of sales rose 3.9% to $163.7 million from a year earlier.
Quarter | Q2 | Q1 | Q4 | Q3 |
Gross Margin | 40.0% | 40.9% | 37.9% | 40.1% |
Net Margin | 25.8% | 11.4% | 8.0% | 14.4% |
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