Closing Bell Recap: Atlantica Sustainable Infrastructure Plc (AY) Ends at 20.92, Reflecting a 6.90 Upturn

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Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) closed the day trading at $20.92 up 6.90% from the previous closing price of $19.57. In other words, the price has increased by $6.90 from its previous closing price. On the day, 1.65 million shares were traded. AY stock price reached its highest trading level at $21.23 during the session, while it also had its lowest trading level at $19.58.

Ratios:

For a better understanding of AY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 3.85 whereas as Long-Term Debt/Eq ratio is at 3.56.

On March 22, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $19 to $25.

Raymond James Downgraded its Outperform to Mkt Perform on October 26, 2023, whereas the target price for the stock was revised from $36 to $25.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AY now has a Market Capitalization of 2430046208 and an Enterprise Value of 7660531200. As of this moment, Atlantica’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.49, and their Forward P/E ratio for the next fiscal year is 30.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 6.936 whereas that against EBITDA is 11.272.

Stock Price History:

Over the past 52 weeks, AY has reached a high of $26.95, while it has fallen to a 52-week low of $16.35. The 50-Day Moving Average of the stock is 14.29%, while the 200-Day Moving Average is calculated to be 5.22%.

Shares Statistics:

Over the past 3-months, AY traded about 1.12M shares per day on average, while over the past 10 days, AY traded about 2068510 shares per day. A total of 116.16M shares are outstanding, with a floating share count of 67.05M. Insiders hold about 42.27% of the company’s shares, while institutions hold 43.86% stake in the company. Shares short for AY as of 1713139200 were 2844767 with a Short Ratio of 2.53, compared to 1710460800 on 2668062. Therefore, it implies a Short% of Shares Outstanding of 2844767 and a Short% of Float of 4.24.

Dividends & Splits

AY’s forward annual dividend rate is 1.78, up from 1.78 a year ago. Against a Trailing Annual Dividend Yield of 0.09095554The stock’s 5-year Average Dividend Yield is 6.19.

Earnings Estimates

The company has 7.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.3, while EPS last year was -$0.09. The consensus estimate for the next quarter is $0.33, with high estimates of $0.55 and low estimates of $0.09.

Analysts are recommending an EPS of between $1.1 and $0.26 for the fiscal current year, implying an average EPS of $0.59. EPS for the following year is $0.75, with 8.0 analysts recommending between $1.32 and $0.37.

Revenue Estimates

5 analysts predict $242.7M in revenue for the current quarter. It ranges from a high estimate of $266.11M to a low estimate of $220.8M. As of the current estimate, Atlantica Sustainable Infrastructure Plc’s year-ago sales were $269.26MFor the next quarter, 5 analysts are estimating revenue of $319.69M. There is a high estimate of $345.14M for the next quarter, whereas the lowest estimate is $302M.

A total of 9 analysts have provided revenue estimates for AY’s current fiscal year. The highest revenue estimate was $1.26B, while the lowest revenue estimate was $1.11B, resulting in an average revenue estimate of $1.18B. In the same quarter a year ago, actual revenue was $1.1BBased on 9 analysts’ estimates, the company’s revenue will be $1.23B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.15B.

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