The closing price of Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) was $24.99 for the day, up 1.71% from the previous closing price of $24.57. In other words, the price has increased by $+0.42 from its previous closing price. On the day, 872776 shares were traded.
Ratios:
Our analysis of HASI’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 37.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.64. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 20 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. The Chief Financial Officer now owns 53,291 shares after completing the transaction at $21.09 per share. On Aug 21, 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 2.81B. As of this moment, Hannon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.80, and their Forward P/E ratio for the next fiscal year is 9.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.78 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 10.10.
Stock Price History:
Over the past 52 weeks, HASI has reached a high of $32.03, while it has fallen to a 52-week low of $13.22. The 50-Day Moving Average of the stock is 25.34, while the 200-Day Moving Average is calculated to be 23.62.
Shares Statistics:
HASI traded an average of 1.25M shares per day over the past three months and 1.19M shares per day over the past ten days. A total of 112.17M shares are outstanding, with a floating share count of 109.93M. Insiders hold about 2.23% of the company’s shares, while institutions hold 101.80% stake in the company. Shares short for HASI as of Jan 31, 2024 were 14.51M with a Short Ratio of 11.63, compared to 16.74M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 13.05% and a Short% of Float of 13.31%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.58, HASI has a forward annual dividend rate of 1.58. Against a Trailing Annual Dividend Yield of 6.43%, it implies a Forward Annual Dividend Yield of 6.64%. The stock’s 5-year Average Dividend Yield is 4.29.
Earnings Estimates
The firm’s stock currently is rated by 9 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 $0.58, with high estimates of $0.61 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.48 and $2.29 for the fiscal current year, implying an average EPS of $2.41. EPS for the following year is $2.62, with 8 analysts recommending between $2.71 and $2.5.
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 $90.02M 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 72.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $77.72M, an increase of 87.50% over than the figure of $72.10% in the same quarter last year. There is a high estimate of $95.2M for the next quarter, whereas the lowest estimate is $66.82M.
A total of 5 analysts have provided revenue estimates for HASI’s current fiscal year. The highest revenue estimate was $399M, while the lowest revenue estimate was $273.7M, resulting in an average revenue estimate of $328.78M. In the same quarter a year ago, actual revenue was $207.79M, up 58.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $388.31M 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 18.10% from the average revenue estimate for this year.
