Innergex Renewable Energy Stock Analysis

Innergex Stock Analysis Notes

About 20.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Innergex Renewable Energy has Price/Earnings To Growth (PEG) ratio of 2.25. The entity recorded a loss per share of 0.66. The firm last dividend was issued on the 31st of December 2024. Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. INNERGEX RENEWABLE operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 327 people. To learn more about Innergex Renewable Energy call Michel MBA at 450 928 2550 or check out https://www.innergex.com.

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Innergex Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Innergex Renewable's market, we take the total number of its shares issued and multiply it by Innergex Renewable'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.

Innergex Profitablity

The company has Profit Margin (PM) of (0.12) %, 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 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.

Management Efficiency

Innergex Renewable Energy has return on total asset (ROA) of 0.0202 % which means that it generated a profit of $0.0202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0921) %, meaning that it generated substantial loss on money invested by shareholders. Innergex Renewable's management efficiency ratios could be used to measure how well Innergex Renewable manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of February 2025, Return On Capital Employed is likely to grow to 0.05, while Return On Tangible Assets are likely to drop (0.01). At this time, Innergex Renewable's Intangibles To Total Assets are very stable compared to the past year. As of the 1st of February 2025, Asset Turnover is likely to grow to 0.19, while Net Tangible Assets are likely to drop (211.2 M).

Technical Drivers

As of the 1st of February, Innergex Renewable retains the Market Risk Adjusted Performance of 3.22, standard deviation of 2.02, and Risk Adjusted Performance of (0.16). Innergex Renewable technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Innergex Renewable Energy Price Movement Analysis

Innergex Renewable Outstanding Bonds

Innergex Renewable Predictive Daily Indicators

Innergex Renewable Forecast Models

Innergex Renewable's time-series forecasting models are one of many Innergex Renewable'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 Innergex Renewable'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Innergex Renewable 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 Innergex 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 Innergex Renewable. By using and applying Innergex Stock analysis, traders can create a robust methodology for identifying Innergex entry and exit points for their positions.

Innergex Renewable financial ratios help investors to determine whether Innergex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innergex with respect to the benefits of owning Innergex Renewable security.