Otter Tail Corporation

Company Profile

Otter Tail Corporation had its IPO on 1990-03-26 under the ticker symbol OTTR.

The company operates in the Utilities sector and Utilities-Diversified industry. Otter Tail Corporation has a staff strength of 2,422 employees.

Stock update

Shares of Otter Tail Corporation opened at $75.23 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $75.23 - $76.32, and closed at $76.01.

This is a +0.94% increase from the previous day's closing price.

A total volume of 204,302 shares were traded at the close of the day’s session.

In the last one week, shares of Otter Tail Corporation have slipped by -7.68%.

Otter Tail Corporation's Key Ratios

Otter Tail Corporation has a market cap of $3.14 billion, indicating a price to book ratio of 2.0812 and a price to sales ratio of 1.5999.

In the last 12-months Otter Tail Corporation’s revenue was $1.36 billion with a gross profit of $570.50 million and an EBITDA of $456.50 million. The EBITDA ratio measures Otter Tail Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Otter Tail Corporation’s operating margin was 26.65% while its return on assets stood at 7.6% with a return of equity of 22.14%.

In Q2, Otter Tail Corporation’s quarterly earnings growth was a negative -4.9% while revenue growth was a negative 15.6%.

Otter Tail Corporation’s PE and PEG Ratio

Forward PE

13.986

Trailing PE

11.6744

PEG

1.8909

Its diluted EPS in the last 12-months stands at $6.45 per share while it has a forward price to earnings multiple of 13.986 and a PEG multiple of 1.8909. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Otter Tail Corporation’s profitability.

Otter Tail Corporation stock is trading at a EV to sales ratio of 2.1547 and a EV to EBITDA ratio of 6.4291. Its price to sales ratio in the trailing 12-months stood at 1.5999.

Otter Tail Corporation stock pays annual dividends of $1.7 per share, indicating a yield of 2.31% and a payout ratio of 26.74%.

Balance sheet and cash flow metrics

Total Assets

$3.09 billion

Total Liabilities

$300.56 million

Operating Cash Flow

$-53246000.00

Capital Expenditure

$53.42 million

Dividend Payout Ratio

26.74%

Otter Tail Corporation ended 2024 with $3.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.09 billion while shareholder equity stood at $1.33 billion.

Otter Tail Corporation ended 2024 with $247.45 million in deferred long-term liabilities, $300.56 million in other current liabilities, 208553000.00 in common stock, $693.14 million in retained earnings and $37.57 million in goodwill. Its cash balance stood at $150.58 million and cash and short-term investments were $150.58 million. The company’s total short-term debt was $50,197,000 while long-term debt stood at $823.94 million.

Otter Tail Corporation’s total current assets stands at $524.11 million while long-term investments were $59.88 million and short-term investments were $0. Its net receivables were $194.95 million compared to accounts payable of $104.66 million and inventory worth $144.44 million.

In 2024, Otter Tail Corporation's operating cash flow was $-53246000.00 while its capital expenditure stood at $53.42 million.

Comparatively, Otter Tail Corporation paid $0.27 in dividends in 2024.

Other key metrics

Current Trading Price

$76.01

52-Week High

$92.2981

52-Week Low

$51.3215

Analyst Target Price

$68.5

Otter Tail Corporation stock is currently trading at $76.01 per share. It touched a 52-week high of $92.2981 and a 52-week low of $92.2981. Analysts tracking the stock have a 12-month average target price of $68.5.

Its 50-day moving average was $83.1 and 200-day moving average was $71.69 The short ratio stood at 17.85 indicating a short percent outstanding of 0%.

Around 199.1% of the company’s stock are held by insiders while 6975% are held by institutions.