In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
As of close of business last night, Hannon Armstrong Sustainable Infrastructure capital Inc’s stock clocked out at $24.43, down -2.32% from its previous closing price of $25.01. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 1.41 million shares were traded. HASI stock price reached its highest trading level at $25.495 during the session, while it also had its lowest trading level at $24.35.
Ratios:
To gain a deeper understanding of HASI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.41. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2805003776 and an Enterprise Value of 6975527424. As of this moment, Hannon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.38, and their Forward P/E ratio for the next fiscal year is 9.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.69 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 50.905.
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 -5.59%, while the 200-Day Moving Average is calculated to be 2.76%.
Shares Statistics:
It appears that HASI traded 887.51K shares on average per day over the past three months and 901190 shares per day over the past ten days. A total of 112.17M shares are outstanding, with a floating share count of 111.46M. Insiders hold about 2.03% of the company’s shares, while institutions hold 102.87% stake in the company. Shares short for HASI as of 1713139200 were 14878719 with a Short Ratio of 16.76, compared to 1710460800 on 14837598. Therefore, it implies a Short% of Shares Outstanding of 14878719 and a Short% of Float of 18.63.
Dividends & Splits
With its trailing 12-month dividend rate of 1.58, HASI has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 0.06317473The stock’s 5-year Average Dividend Yield is 4.33.
