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After finishing at $17.15 in the prior trading day, Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) closed at $17.67, up 3.03%. In other words, the price has increased by $3.03 from its previous closing price. On the day, 1.15 million shares were traded. AY stock price reached its highest trading level at $17.85 during the session, while it also had its lowest trading level at $17.17.
Ratios:
Our goal is to gain a better understanding of AY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.86. 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 2052529536 and an Enterprise Value of 7283352064. As of this moment, Atlantica’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.49, and their Forward P/E ratio for the next fiscal year is 24.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 6.594 whereas that against EBITDA is 10.717.
Stock Price History:
Over the past 52 weeks, AY has reached a high of $28.54, while it has fallen to a 52-week low of $16.35. The 50-Day Moving Average of the stock is -2.95%, while the 200-Day Moving Average is calculated to be -12.03%.
Shares Statistics:
The stock has traded on average 901.71K shares per day over the past 3-months and 1509720 shares per day over the last 10 days, according to various share statistics. 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 44.13% stake in the company. Shares short for AY as of 1711584000 were 2735820 with a Short Ratio of 3.03, compared to 1709164800 on 2267433. Therefore, it implies a Short% of Shares Outstanding of 2735820 and a Short% of Float of 4.0799997999999995.
Dividends & Splits
In the trailing 12 months, AY’s forward annual dividend rate was 1.78, compared to 1.78 this year. The stock’s 5-year Average Dividend Yield is 6.15.
Earnings Estimates
A comprehensive evaluation of Atlantica Sustainable Infrastructure Plc (AY) is underway, with the input of C3.ai, Inc. analysts contributing to its current rating.The consensus estimate for the next quarter is $6.84, with high estimates of $134.55 and low estimates of $35.55.
Analysts are recommending an EPS of between $Healthcare and $Basic Materials for the fiscal current year, implying an average EPS of $Basic Materials.
