“Now Is The Time To Invest In Otter Tail Corporation” – Stocks Register
December 20, 2023
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Now is the time for investors to take a close look at Otter Tail ($NASDAQ:OTTR) Corporation. Otter Tail Corporation is an American diversified company with operations in the energy, healthcare, food, agribusiness, industrial manufacturing, and infrastructure markets. The company has achieved this growth by focusing on execution excellence, innovation, and a commitment to customer service. Otter Tail is well-positioned for continued growth and has strong prospects for future returns.
Current stock prices are attractive and reflect the company’s potential. Investors who are looking for a diversified portfolio or a strong long-term investment should consider investing in Otter Tail Corporation stocks.
Market Price
On Monday, stocks in Otter Tail Corporation (OTTER TAIL) opened at $79.3 and closed at $80.5 – an impressive 2.1% increase from the previous closing price of $78.9. OTTER TAIL has a strong track record of success, making it an attractive option for investors. With the stock market poised to continue its growth, OTTER TAIL is in a prime position to benefit from an upswing in the economy.
Furthermore, their wide range of products and services, as well as their long-term commitment to innovation, makes them a reliable choice for any investor. With their history of success and their commitment to innovation, investing in OTTER TAIL is sure to be a safe and profitable decision. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Otter Tail. More…
| Total Revenues | Net Income | Net Margin |
| 1.34k | 278.43 | 20.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Otter Tail. More…
| Operations | Investing | Financing |
| 419.83 | -279.53 | -24.07 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Otter Tail. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.19k | 1.78k | 33.63 |
Key Ratios Snapshot
Some of the financial key ratios for Otter Tail are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.0% | 33.9% | 28.5% |
| FCF Margin | ROE | ROA |
| 10.6% | 17.4% | 7.5% |
Analysis
As GoodWhale, we have conducted an analysis of OTTER TAIL‘s wellbeing. According to our Star Chart tool, OTTER TAIL has been classified as ‘rhino’. This type of company is one that has achieved moderate revenue or earnings growth. Investors interested in companies like OTTER TAIL would be those looking for a healthy balance between growth and stability. The analysis of OTTER TAIL has revealed that it is strong in asset, dividend, growth, and profitability. Moreover, with a high health score of 8/10, considering its cashflows and debt, we believe OTTER TAIL is capable of safely riding out any crisis without the risk of bankruptcy. More…
Peers
In the electric utility industry, there is intense competition between Otter Tail Corp and its competitors: NextEra Energy Inc, DTE Energy Co, Exelon Corp. These companies are all vying for market share in the electric utility industry.
– NextEra Energy Inc ($NYSE:NEE)
NextEra Energy Inc is a clean energy company with a market cap of 156.59B as of 2022. The company has a Return on Equity of 6.09%. NextEra Energy Inc is the world’s largest generator of renewable energy from the wind and sun. The company also owns Florida Power & Light Company, one of the nation’s largest electric utilities.
– DTE Energy Co ($NYSE:DTE)
DTE Energy Co is a publicly traded energy company headquartered in Detroit, Michigan. The company is involved in the generation, transmission, and distribution of electricity and natural gas. As of 2022, the company had a market capitalization of 21.77 billion dollars and a return on equity of 12.47%. The company is the largest provider of electricity and natural gas in Michigan, serving over 3 million customers.
– Exelon Corp ($NASDAQ:EXC)
Exelon Corp is a publicly traded company with a market capitalization of $36.95 billion as of 2022. The company has a return on equity of 11.0%. Exelon Corp is engaged in the generation, transmission, and distribution of electricity and natural gas. The company operates through four business segments: Exelon Generation, Exelon Utilities, Exelon Business Services, and Exelon Transmission.
Summary
Otter Tail Corporation (NASDAQ: OTTR) is a diversified company with businesses that span industries such as power generation, manufacturing, plastics and healthcare. The company’s stock performance has been strong in recent months, making it a potentially attractive investment opportunity. Analysts suggest that investors look at Otter Tail Corporation’s financial strength, future growth potential, and competitive advantages to decide whether to invest. Financial metrics including price-to-earnings ratios, dividend yields, return on equity, and debt to equity ratio should all be considered before investing in the company.
In addition, investors may want to consider recent news related to the company and industry trends that could influence Otter Tail Corporation’s future performance.
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