After finishing at $28.33 in the prior trading day, Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) closed at $26.54, down -6.32%. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 851869 shares were traded.
Ratios:
Our goal is to gain a better understanding of HASI 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 39.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.98. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 3.21B. As of this moment, Hannon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.97, and their Forward P/E ratio for the next fiscal year is 9.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.33 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 10.10.
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 25.55, while the 200-Day Moving Average is calculated to be 23.76.
Shares Statistics:
The stock has traded on average 983.92K shares per day over the past 3-months and 870.74k shares per day over the last 10 days, according to various share statistics. A total of 112.17M shares are outstanding, with a floating share count of 110.15M. Insiders hold about 2.03% of the company’s shares, while institutions hold 103.84% stake in the company. Shares short for HASI as of Mar 15, 2024 were 14.84M with a Short Ratio of 14.95, compared to 14.84M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.21% and a Short% of Float of 13.47%.
Dividends & Splits
In the trailing 12 months, HASI’s forward annual dividend rate was 1.58, compared to 1.60 this year. Against a Trailing Annual Dividend Yield of 5.58%, it implies a Forward Annual Dividend Yield of 5.93%. The stock’s 5-year Average Dividend Yield is 4.30.
Earnings Estimates
Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $0.57 for the current quarter, with a high estimate of $0.62 and a low estimate of $0.53, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.6, with high estimates of $0.66 and low estimates of $0.57.
Analysts are recommending an EPS of between $2.56 and $2.29 for the fiscal current year, implying an average EPS of $2.43. EPS for the following year is $2.66, with 9 analysts recommending between $2.84 and $2.56.
Revenue Estimates
6 analysts predict $78.17M in revenue for the current quarter. It ranges from a high estimate of $93.51M to a low estimate of $61.88M. As of the current estimate, Hannon Armstrong Sustainable Infrastructure capital Inc’s year-ago sales were $43.11M, an estimated increase of 81.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $82.67M, an increase of 99.40% over than the figure of $81.30% in the same quarter last year. There is a high estimate of $102.82M for the next quarter, whereas the lowest estimate is $66.82M.
A total of 7 analysts have provided revenue estimates for HASI’s current fiscal year. The highest revenue estimate was $414.49M, while the lowest revenue estimate was $273.7M, resulting in an average revenue estimate of $346.37M. In the same quarter a year ago, actual revenue was $207.79M, up 66.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $402.72M in the next fiscal year. The high estimate is $509M and the low estimate is $300.4M. The average revenue growth estimate for next year is up 16.30% from the average revenue estimate for this year.
