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After finishing at $21.41 in the prior trading day, Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) closed at $21.66, up 1.17%. In other words, the price has increased by $1.17 from its previous closing price. On the day, 0.9 million shares were traded. AY stock price reached its highest trading level at $21.99 during the session, while it also had its lowest trading level at $20.77.
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 3.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.96. 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 2516003840 and an Enterprise Value of 7717398016. As of this moment, Atlantica’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.31, and their Forward P/E ratio for the next fiscal year is 32.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 6.987 whereas that against EBITDA is 11.355.
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 16.50%, while the 200-Day Moving Average is calculated to be 9.28%.
Shares Statistics:
The stock has traded on average 1.32M shares per day over the past 3-months and 2316720 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 40.61% stake in the company. Shares short for AY as of 1713139200 were 2844767 with a Short Ratio of 2.16, 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
In the trailing 12 months, AY’s forward annual dividend rate was 1.78, compared to 1.78 this year. Against a Trailing Annual Dividend Yield of 0.08313872The stock’s 5-year Average Dividend Yield is 6.19.
Earnings Estimates
The stock of Atlantica Sustainable Infrastructure Plc (AY) is currently in the spotlight, with 7.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.1 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 $0.53. EPS for the following year is $0.72, 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.
