Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) was $32.57 for the day, up 6.96% from the previous closing price of $30.45. In other words, the price has increased by $6.96 from its previous closing price. On the day, 3.17 million shares were traded. HASI stock price reached its highest trading level at $32.74 during the session, while it also had its lowest trading level at $30.28.
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 47.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.54. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.89.
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 ’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 3740241152 and an Enterprise Value of 7696434176. As of this moment, Hannon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.84, and their Forward P/E ratio for the next fiscal year is 12.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.39 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 51.671.
Stock Price History:
The Beta on a monthly basis for HASI is 1.94, which has changed by 0.18390357 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, HASI has reached a high of $30.77, while it has fallen to a 52-week low of $13.22. The 50-Day Moving Average of the stock is 25.13%, while the 200-Day Moving Average is calculated to be 37.32%.
Shares Statistics:
HASI traded an average of 934.75K shares per day over the past three months and 1123390 shares per day over the past ten days. A total of 112.17M shares are outstanding, with a floating share count of 111.07M. Insiders hold about 2.37% of the company’s shares, while institutions hold 103.12% stake in the company. Shares short for HASI as of 1713139200 were 14878719 with a Short Ratio of 15.92, 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 1.6, HASI has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 0.052545156The stock’s 5-year Average Dividend Yield is 4.33.
Earnings Estimates
The dynamic stock of Hannon Armstrong Sustainable Infrastructure capital Inc (HASI) is currently attracting attention from 11.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.58 for the current quarter, with a high estimate of $0.69 and a low estimate of $0.51, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.62, with high estimates of $0.7 and low estimates of $0.59.
Analysts are recommending an EPS of between $2.77 and $2.29 for the fiscal current year, implying an average EPS of $2.44. EPS for the following year is $2.68, with 11.0 analysts recommending between $2.99 and $2.56.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $95.2M to a low estimate of $66.7M. As of the current estimate, Hannon Armstrong Sustainable Infrastructure capital Inc’s year-ago sales were $41.45MFor the next quarter, 6 analysts are estimating revenue of $82.48M. There is a high estimate of $100.52M for the next quarter, whereas the lowest estimate is $68.4M.
A total of 7 analysts have provided revenue estimates for HASI’s current fiscal year. The highest revenue estimate was $399M, while the lowest revenue estimate was $273.9M, resulting in an average revenue estimate of $331.03M. In the same quarter a year ago, actual revenue was $207.79MBased on 7 analysts’ estimates, the company’s revenue will be $388.27M in the next fiscal year. The high estimate is $509M and the low estimate is $297M.
