Algonquin Power Utilities Stock Analysis
| AQN Stock | CAD 6.66 0.07 1.06% |
Algonquin Power Utilities is fairly valued with Real Value of 6.84 and Hype Value of 6.66. The main objective of Algonquin Power stock analysis is to determine its intrinsic value, which is an estimate of what Algonquin Power Utilities is worth, separate from its market price. There are two main types of Algonquin Power's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Algonquin Power's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Algonquin Power's stock to identify patterns and trends that may indicate its future price movements.
The Algonquin Power stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Algonquin Power is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Algonquin Stock trading window is adjusted to America/Toronto timezone.
Algonquin |
Algonquin Stock Analysis Notes
About 63.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. Algonquin Power Utilities has Price/Earnings To Growth (PEG) ratio of 1.41. The entity last dividend was issued on the 31st of December 2024. Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. ALGONQUIN POWER operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 3445 people. For more info on Algonquin Power Utilities please contact Ian Robertson at 905 465 4500 or go to https://algonquinpower.com.Algonquin Power Quarterly Total Revenue |
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Algonquin Power Utilities Investment Alerts
| Algonquin Power generated a negative expected return over the last 90 days | |
| Algonquin Power Utilities has accumulated 8.52 B in total debt with debt to equity ratio (D/E) of 1.03, which is about average as compared to similar companies. Algonquin Power Utilities has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Algonquin Power until it has trouble settling it off, either with new capital or with free cash flow. So, Algonquin Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Algonquin Power Utilities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Algonquin to invest in growth at high rates of return. When we think about Algonquin Power's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.7 B. Net Loss for the year was (33.3 M) with profit before overhead, payroll, taxes, and interest of 1.05 B. | |
| About 63.0% of Algonquin Power shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Algonquin Power Utilities Corp. Receives Consensus Rating of Hold from Brokerages - MarketBeat |
Algonquin Largest EPS Surprises
Earnings surprises can significantly impact Algonquin Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-09 | 2024-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2015-08-13 | 2015-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2014-08-14 | 2014-06-30 | 0.06 | 0.07 | 0.01 | 16 |
Algonquin Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algonquin Power's market, we take the total number of its shares issued and multiply it by Algonquin Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Algonquin Profitablity
Algonquin Power's profitability indicators refer to fundamental financial ratios that showcase Algonquin Power's ability to generate income relative to its revenue or operating costs. If, let's say, Algonquin Power is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Algonquin Power's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Algonquin Power's profitability requires more research than a typical breakdown of Algonquin Power's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.39) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2. | Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Equity | 0.01 | 0.01 |
Management Efficiency
Algonquin Power Utilities has return on total asset (ROA) of 0.016 % which means that it generated a profit of $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.041 %, meaning that it generated $0.041 on every $100 dollars invested by stockholders. Algonquin Power's management efficiency ratios could be used to measure how well Algonquin Power manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop 0. At this time, Algonquin Power's Intangibles To Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.49, while Intangible Assets are likely to drop about 76 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.14 | 5.63 | |
| Tangible Book Value Per Share | 5.68 | 4.79 | |
| Enterprise Value Over EBITDA | 15.44 | 11.38 | |
| Price Book Value Ratio | 1.22 | 1.04 | |
| Enterprise Value Multiple | 15.44 | 11.38 | |
| Price Fair Value | 1.22 | 1.04 | |
| Enterprise Value | 14.6 B | 15.3 B |
Leadership effectiveness at Algonquin Power Utilities is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0547 | Operating Margin 0.1996 | Profit Margin (0.39) | Forward Dividend Yield 0.0547 | Beta 0.523 |
Technical Drivers
As of the 22nd of November, Algonquin Power shows the risk adjusted performance of (0.04), and Mean Deviation of 1.08. Algonquin Power Utilities technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Algonquin Power Utilities Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Algonquin Power middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Algonquin Power Utilities. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Algonquin Power Outstanding Bonds
Algonquin Power issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Algonquin Power Utilities uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Algonquin bonds can be classified according to their maturity, which is the date when Algonquin Power Utilities has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Algonquin Power Predictive Daily Indicators
Algonquin Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Algonquin Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Algonquin Power Forecast Models
Algonquin Power's time-series forecasting models are one of many Algonquin Power's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algonquin Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Algonquin Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Algonquin Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algonquin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Algonquin Power. By using and applying Algonquin Stock analysis, traders can create a robust methodology for identifying Algonquin entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.04) | (0.04) | |
| Operating Profit Margin | 0.17 | 0.18 | |
| Net Profit Margin | 0.01 | 0.01 | |
| Gross Profit Margin | 0.73 | 0.49 |
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