Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) was $20.41 for the day, up 2.51% from the previous closing price of $19.91. In other words, the price has increased by $2.51 from its previous closing price. On the day, 2.01 million shares were traded. AY stock price reached its highest trading level at $20.74 during the session, while it also had its lowest trading level at $19.64.
Ratios:
Our analysis of AY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.61. 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 2370805248 and an Enterprise Value of 7601342976. As of this moment, Atlantica’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.23, and their Forward P/E ratio for the next fiscal year is 29.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 6.882 whereas that against EBITDA is 11.185.
Stock Price History:
Over the past 52 weeks, AY has reached a high of $28.25, while it has fallen to a 52-week low of $16.35. The 50-Day Moving Average of the stock is 12.14%, while the 200-Day Moving Average is calculated to be 2.20%.
Shares Statistics:
AY traded an average of 1.03M shares per day over the past three months and 2124950 shares per day over the past ten days. 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 43.88% stake in the company. Shares short for AY as of 1711584000 were 2735820 with a Short Ratio of 2.67, 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
With its trailing 12-month dividend rate of 1.78, AY has a forward annual dividend rate of 1.78. Against a Trailing Annual Dividend Yield of 0.08940231The stock’s 5-year Average Dividend Yield is 6.15.
Earnings Estimates
The dynamic stock of Atlantica Sustainable Infrastructure Plc (AY) is currently being evaluated by a team of 7.0 analysts, each contributing to its current rating.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 $0.31, with high estimates of $0.55 and low estimates of $0.09.
Analysts are recommending an EPS of between $1.1 and $0.22 for the fiscal current year, implying an average EPS of $0.56. EPS for the following year is $0.77, with 7.0 analysts recommending between $1.32 and $0.37.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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 $1.17B. In the same quarter a year ago, actual revenue was $1.1BBased on 8 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.
