Balance Sheet Dive: Algonquin Power & Utilities Corp (AQN)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Kevin Freeman

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After finishing at $6.41 in the prior trading day, Algonquin Power & Utilities Corp (NYSE: AQN) closed at $6.24, down -2.65%. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 6.45 million shares were traded. AQN stock price reached its highest trading level at $6.49 during the session, while it also had its lowest trading level at $6.2.

Ratios:

Our goal is to gain a better understanding of AQN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.33.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AQN now has a Market Capitalization of 4796516864 and an Enterprise Value of 11799055360. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 4.942 whereas that against EBITDA is 14.308.

Stock Price History:

The Beta on a monthly basis for AQN is 0.81, which has changed by 0.49417245 over the last 52 weeks, in comparison to a change of 0.1877265 over the same period for the S&P500. Over the past 52 weeks, AQN has reached a high of $6.62, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is 3.94%, while the 200-Day Moving Average is calculated to be 9.01%.

Shares Statistics:

The stock has traded on average 4.89M shares per day over the past 3-months and 4366910 shares per day over the last 10 days, according to various share statistics. A total of 768.15M shares are outstanding, with a floating share count of 767.40M. Insiders hold about 3.01% of the company’s shares, while institutions hold 68.79% stake in the company. Shares short for AQN as of 1765756800 were 7020063 with a Short Ratio of 1.44, compared to 1763078400 on 9331047.

Dividends & Splits

In the trailing 12 months, AQN’s forward annual dividend rate was 0.26, compared to 0.26 this year. Against a Trailing Annual Dividend Yield of 0.04056162. The stock’s 5-year Average Dividend Yield is 6.19.

Earnings Estimates

. The current assessment of Algonquin Power & Utilities Corp (AQN) involves the perspectives of 10.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.

Analysts are recommending an EPS of between $0.34 and $0.31 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.37, with 11.0 analysts recommending between $0.38 and $0.35.

Revenue Estimates

3 analysts predict $625.84M in revenue. The current quarter. It ranges from a high estimate of $658.13M to a low estimate of $593.4M. As of . The current estimate, Algonquin Power & Utilities Corp’s year-ago sales were $584.8MFor the next quarter, 3 analysts are estimating revenue of $716M. There is a high estimate of $716M for the next quarter, whereas the lowest estimate is $716M.

A total of 7 analysts have provided revenue estimates for AQN’s current fiscal year. The highest revenue estimate was $2.46B, while the lowest revenue estimate was $2.4B, resulting in an average revenue estimate of $2.42B. In the same quarter a year ago, actual revenue was $2.32BBased on 8 analysts’ estimates, the company’s revenue will be $2.52B in the next fiscal year. The high estimate is $2.69B and the low estimate is $2.45B.

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