The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) closed at $25.42 in the last session, down -2.00% from day before closing price of $25.94. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 0.71 million shares were traded. HASI stock price reached its highest trading level at $25.45 during the session, while it also had its lowest trading level at $24.74.
Ratios:
We take a closer look at HASI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.28. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 2.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on November 28, 2023, initiated with a Neutral rating and assigned the stock a target price of $26.
On November 21, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $30.
On October 20, 2023, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $29.Exane BNP Paribas initiated its Outperform rating on October 20, 2023, with a $29 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’23 when Armbrister Clarence D bought 420 shares for $23.99 per share. The transaction valued at 10,076 led to the insider holds 420 shares of the business.
Pangburn Marc T. bought 5,000 shares of HASI for $105,450 on Aug 21 ’23. The Chief Financial Officer now owns 53,291 shares after completing the transaction at $21.09 per share. On Aug 21 ’23, another insider, Lipson Jeffrey, who serves as the Chief Executive Officer of the company, bought 4,000 shares for $21.09 each. As a result, the insider paid 84,360 and bolstered with 36,925 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HASI now has a Market Capitalization of 2918673664 and an Enterprise Value of 7086700032. As of this moment, Hannon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.12, and their Forward P/E ratio for the next fiscal year is 9.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.04 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 51.716.
Stock Price History:
Over the past 52 weeks, HASI has reached a high of $29.88, while it has fallen to a 52-week low of $13.22. The 50-Day Moving Average of the stock is -1.60%, while the 200-Day Moving Average is calculated to be 6.85%.
Shares Statistics:
According to the various share statistics, HASI traded on average about 878.56K shares per day over the past 3-months and 813860 shares per day over the past 10 days. A total of 112.17M shares are outstanding, with a floating share count of 111.46M. Insiders hold about 2.03% of the company’s shares, while institutions hold 102.63% stake in the company. Shares short for HASI as of 1713139200 were 14878719 with a Short Ratio of 16.94, compared to 1710460800 on 14837598. Therefore, it implies a Short% of Shares Outstanding of 14878719 and a Short% of Float of 18.63.
Dividends & Splits
The forward annual dividend rate for HASI is 1.60, which was 1.58 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.060909793The stock’s 5-year Average Dividend Yield is 4.31.
