Metric Analysis: Algonquin Power & Utilities Corp (AQN)’s Key Ratios in the Limelight

Nora Barnes

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

In the latest session, Algonquin Power & Utilities Corp (NYSE: AQN) closed at $5.73 up 0.35% from its previous closing price of $5.71. In other words, the price has increased by $0.35 from its previous closing price. On the day, 6.53 million shares were traded. AQN stock price reached its highest trading level at $5.735 during the session, while it also had its lowest trading level at $5.66.

Ratios:

For a deeper understanding of Algonquin Power & Utilities Corp’s stock, let’s take a closer look at its various 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 4407350784 and an Enterprise Value of 11315783680. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 4.758 whereas that against EBITDA is 13.988.

Stock Price History:

The Beta on a monthly basis for AQN is 0.79, which has changed by 0.09142852 over the last 52 weeks, in comparison to a change of 0.16766965 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 0.35%, while the 200-Day Moving Average is calculated to be 8.53%.

Shares Statistics:

For the past three months, AQN has traded an average of 5.37M shares per day and 5451890 over the past ten days. 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 65.57% stake in the company. Shares short for AQN as of 1757894400 were 16415454 with a Short Ratio of 3.05, compared to 1755216000 on 18368694.

Dividends & Splits

According to the company, the forward annual dividend rate for AQN is 0.26, from 0.26 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04553415. The stock’s 5-year Average Dividend Yield is 6.16.

Earnings Estimates

The stock of Algonquin Power & Utilities Corp (AQN) is currently in the spotlight, with 10.0 analysts actively rating and assessing its market standing.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

A total of 4 analysts believe the company’s revenue will be $596.67M this quarter.It ranges from a high estimate of $608M to a low estimate of $582M. As of. The current estimate, Algonquin Power & Utilities Corp’s year-ago sales were $573.2MFor the next quarter, 4 analysts are estimating revenue of $613.52M. There is a high estimate of $626M for the next quarter, whereas the lowest estimate is $605M.

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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