Algonquin Power & Utilities Corp (NYSE: AQN) – Suitable For Long Term Buy?

Currently, there are 790.23M common shares owned by the public and among those 766.46M shares have been available to trade.

The company’s stock has a 5-day price change of 0.63% and -9.28% over the past three months. AQN shares are trading -24.21% year to date (YTD), with the 12-month market performance down to -19.77% lower. It has a 12-month low price of $4.67 and touched a high of $6.79 over the same period. AQN has an average intraday trading volume of 5.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.06%, -6.47%, and -17.06% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Algonquin Power & Utilities Corp (NYSE: AQN) shares accounts for 59.61% of the company’s 790.23M shares outstanding.

It has a market capitalization of $5.14B and a beta (3y monthly) value of 0.72. The earnings-per-share (ttm) stands at -$1.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.13% over the week and 2.64% over the month.

Analysts forecast that Algonquin Power & Utilities Corp (AQN) will achieve an EPS of 0.09 for the current quarter, 0.1 for the next quarter and 0.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.07 while analysts give the company a high EPS estimate of 0.07. Comparatively, EPS for the current quarter was 0.16 a year ago. Earnings per share for the fiscal year are expected to decrease by -23.14%, and -19.89% over the next financial year. EPS should grow at an annualized rate of -7.50% over the next five years, compared to -40.16% over the past 5-year period.

Wells Fargo coverage for the Algonquin Power & Utilities Corp (AQN) stock in a research note released on August 12, 2024 offered a Equal Weight rating with a price target of $6. BMO Capital Markets on their part issued Outperform rating on January 08, 2024.

Most Popular

Related Posts