Algonquin Stock Analysis

AQN
 Stock
  

USD 10.91  0.15  1.36%   

The latest Algonquin Pwr Util price slide could raise concerns from institutional investors as the firm is trading at a share price of 10.91 on 3,686,300 in volume. The company management teams were unable to exploit market volatilities in September. However, diversifying your overall positions with Algonquin Pwr Util can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.28. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Algonquin Pwr stock analysis report makes it easy to digest most publicly released information about Algonquin Pwr and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Algonquin Stock analysis module also helps to analyze the Algonquin Pwr price relationship with some important fundamental indicators such as market cap and management efficiency.

Algonquin Stock Analysis Notes

About 43.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Algonquin Pwr Util last dividend was issued on the 29th of June 2022. Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Pwr operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people. For more info on Algonquin Pwr Util please contact Ian Robertson at 905 465 4500 or go to https://algonquinpower.com.

Algonquin Pwr Util Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Algonquin Pwr's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Algonquin Pwr Util or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Algonquin Pwr Util generated a negative expected return over the last 90 days
The company has 7.24 B in debt with debt to equity (D/E) ratio of 0.95, which is OK given its current industry classification. Algonquin Pwr Util has a current ratio of 0.94, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Algonquin Pwr until it has trouble settling it off, either with new capital or with free cash flow. So, Algonquin Pwr's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Algonquin Pwr Util sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Algonquin to invest in growth at high rates of return. When we think about Algonquin Pwr's use of debt, we should always consider it together with cash and equity.
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Algonquin Pwr Util Upcoming and Recent Events

Earnings reports are used by Algonquin Pwr to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Algonquin Pwr previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of March 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Algonquin Pwr SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Algonquin Pwr prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Algonquin Pwr investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Algonquin Pwr Util specific information freely available to individual and institutional investors to make a timely investment decision.

Algonquin Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Algonquin Pwr is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Algonquin Pwr Util backward and forwards among themselves. Algonquin Pwr's institutional investor refers to the entity that pools money to purchase Algonquin Pwr's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Bank Of MontrealCommon Shares40.4 M710.5 M
Royal Bank Of CanadaCommon Shares37.9 M508.9 M
Vanguard Group IncCommon Shares23 M308.2 M
Td Asset Management IncCommon Shares16.2 M217.2 M
Bank Of Nova ScotiaCommon Shares13.5 M182.1 M
Toronto Dominion BankCommon Shares11.1 M171.9 M
Manufacturers Life Insurance Company TheDebt3.7 M164.5 M
Cibc World Market IncCommon Shares10.7 M144 M
Note, although Algonquin Pwr's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Algonquin Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 7.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algonquin Pwr's market, we take the total number of its shares issued and multiply it by Algonquin Pwr's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Algonquin Profitablity

Algonquin Pwr's profitability indicators refer to fundamental financial ratios that showcase Algonquin Pwr's ability to generate income relative to its revenue or operating costs. If, let's say, Algonquin Pwr is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Algonquin Pwr's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Algonquin Pwr's profitability requires more research than a typical breakdown of Algonquin Pwr's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 14.33 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 35.13 %, which entails that for every 100 dollars of revenue, it generated 0.35 of operating income.

Management Efficiency

The entity has Return on Asset of 1.57 % which means that on every $100 spent on asset, it made $1.57 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 3.48 %, implying that it generated $3.48 on every 100 dollars invested. Algonquin Pwr management efficiency ratios could be used to measure how well algonquin pwr util manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 2nd of October, Algonquin Pwr shows the mean deviation of 0.9877, and Risk Adjusted Performance of (0.25). Algonquin Pwr Util technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for Algonquin Pwr Util, which can be compared to its rivals. Please confirm Algonquin Pwr Util variance, as well as the relationship between the value at risk and skewness to decide if Algonquin Pwr Util is priced correctly, providing market reflects its regular price of 10.91 per share. Given that Algonquin Pwr has jensen alpha of (0.23), we suggest you to validate Algonquin Pwr Util's prevailing market performance to make sure the company can sustain itself at a future point.

Algonquin Pwr Util Price Movement Analysis

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Algonquin Pwr Predictive Daily Indicators

Algonquin Pwr intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Algonquin Pwr stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Algonquin Pwr Forecast Models

Algonquin Pwr time-series forecasting models is one of many Algonquin Pwr's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algonquin Pwr's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Algonquin Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Algonquin Pwr prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algonquin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Algonquin Pwr. By using and applying Algonquin Stock analysis, traders can create a robust methodology for identifying Algonquin entry and exit points for their positions.
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Pwr operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people.

Current Algonquin Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Algonquin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Algonquin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
17.33Hold6Odds
Algonquin Pwr Util current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Algonquin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Algonquin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Algonquin Pwr Util, talking to its executives and customers, or listening to Algonquin conference calls.
Algonquin Analyst Advice Details

Algonquin Stock Analysis Indicators

Algonquin Pwr Util stock analysis indicators help investors evaluate how Algonquin Pwr stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Algonquin Pwr shares will generate the highest return on investment. By understating and applying Algonquin Pwr stock analysis, traders can identify Algonquin Pwr position entry and exit signals to maximize returns.
Quick Ratio0.54
Trailing Annual Dividend Rate0.61
Fifty Two Week Low11.65
Revenue Growth15.90%
Payout Ratio131.23%
Average Daily Volume Last 10 Day2.05M
Shares Short Prior Month20.54M
Average Daily Volume In Three Month1.62M
Earnings Growth564.40%
Shares Percent Shares Out2.26%
Earnings Quarterly Growth552.20%
Gross Margins39.28%
Forward Price Earnings14.43
Float Shares675.17M
Fifty Two Week High16.01
Fifty Day Average13.77
Enterprise Value To Ebitda22.15
Two Hundred Day Average14.20
Enterprise Value To Revenue7.78
Trailing Annual Dividend Yield5.08%
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When running Algonquin Pwr Util price analysis, check to measure Algonquin Pwr's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algonquin Pwr is operating at the current time. Most of Algonquin Pwr's value examination focuses on studying past and present price action to predict the probability of Algonquin Pwr's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Algonquin Pwr's price. Additionally, you may evaluate how the addition of Algonquin Pwr to your portfolios can decrease your overall portfolio volatility.
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Is Algonquin Pwr's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Pwr. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Pwr listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algonquin Pwr Util is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Pwr's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Pwr's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Pwr's market value can be influenced by many factors that don't directly affect Algonquin Pwr's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algonquin Pwr's value and its price as these two are different measures arrived at by different means. Investors typically determine Algonquin Pwr value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Pwr's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.