Closing Figures: Algonquin Power & Utilities Corp (AQN)’s Negative Finish at 5.77, Down -0.86

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After finishing at $5.82 in the prior trading day, Algonquin Power & Utilities Corp (NYSE: AQN) closed at $5.77, down -0.86%. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 4.53 million shares were traded. AQN stock price reached its highest trading level at $5.83 during the session, while it also had its lowest trading level at $5.73.

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 0.86 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.29.

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 4431504384 and an Enterprise Value of 11384905728. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 4.787 whereas that against EBITDA is 14.073.

Stock Price History:

The Beta on a monthly basis for AQN is 0.74, which has changed by 0.07850468 over the last 52 weeks, in comparison to a change of 0.14460516 over the same period for the S&P500. Over the past 52 weeks, AQN has reached a high of $6.24, while it has fallen to a 52-week low of $4.19. The 50-Day Moving Average of the stock is -1.19%, while the 200-Day Moving Average is calculated to be 11.59%.

Shares Statistics:

The stock has traded on average 9.09M shares per day over the past 3-months and 5273900 shares per day over the last 10 days, according to various share statistics. A total of 767.95M shares are outstanding, with a floating share count of 767.13M. Insiders hold about 3.02% of the company’s shares, while institutions hold 68.04% stake in the company. Shares short for AQN as of 1753920000 were 25536845 with a Short Ratio of 2.81, compared to 1751241600 on 26747288.

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 0.044673536The stock’s 5-year Average Dividend Yield is 6.14.

Earnings Estimates

The dynamic stock of Algonquin Power & Utilities Corp (AQN) is currently being evaluated by a team of 10.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.05.

Analysts are recommending an EPS of between $0.32 and $0.3 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.36, with 11.0 analysts recommending between $0.38 and $0.35.

Revenue Estimates

3 analysts predict $601.56M in revenue for the current quarter. It ranges from a high estimate of $608M to a low estimate of $593.2M. As of the current estimate, Algonquin Power & Utilities Corp’s year-ago sales were $573.2MFor the next quarter, 3 analysts are estimating revenue of $616.36M. There is a high estimate of $626M for the next quarter, whereas the lowest estimate is $608.39M.

A total of 8 analysts have provided revenue estimates for AQN’s current fiscal year. The highest revenue estimate was $2.45B, while the lowest revenue estimate was $2.25B, resulting in an average revenue estimate of $2.4B. In the same quarter a year ago, actual revenue was $2.32BBased on 8 analysts’ estimates, the company’s revenue will be $2.49B in the next fiscal year. The high estimate is $2.56B and the low estimate is $2.29B.

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