Azure Stock Analysis

AZRE
 Stock
  

USD 5.27  0.05  0.94%   

The latest price surge of Azure Power Global could raise concerns from shareholders as the firm is trading at a share price of 5.27 on 25,933 in volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 90 days investing horizon is currently 7.21. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Azure Power partners.
Please continue to Trending Equities.
  
The Azure Power stock analysis report makes it easy to digest most publicly released information about Azure Power and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Azure Stock analysis module also helps to analyze the Azure Power price relationship with some important fundamental indicators such as market cap and management efficiency.

Azure Stock Analysis Notes

About 98.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Azure Power Global recorded a loss per share of 0.8. The entity had not issued any dividends in recent years. Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. Azure Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 471 people. For more info on Azure Power Global please contact Rupesh Agarwal at 91 11 4940 9800 or go to https://www.azurepower.com.

Azure Power Global 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. Azure Power's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Azure Power Global or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Azure Power Global is way too risky over 90 days horizon
Azure Power Global appears to be risky and price may revert if volatility continues
The company currently holds 89.92 B in liabilities with Debt to Equity (D/E) ratio of 5.19, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Azure Power Global has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Azure Power until it has trouble settling it off, either with new capital or with free cash flow. So, Azure Power'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 Azure Power Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Azure to invest in growth at high rates of return. When we think about Azure Power's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 15.24 B. Net Loss for the year was (4.21 B) with profit before overhead, payroll, taxes, and interest of 13.97 B.
Over 98.0% of Azure Power shares are held by institutions such as insurance companies

Azure Power Global Upcoming and Recent Events

Earnings reports are used by Azure Power 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 Azure Power 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 Report9th of February 2022
Next Financial Report21st of June 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End21st of June 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Azure Largest EPS Surprises

Earnings surprises can significantly impact Azure Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-12-10
2021-09-30-0.12-0.080.0433 
2019-06-10
2019-03-310.040.080.04100 
2018-11-13
2018-09-30-0.12-0.16-0.0433 
View All Earnings Estimates

Azure Power SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Azure Power prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Azure Power 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 Azure Power Global specific information freely available to individual and institutional investors to make a timely investment decision.

Azure Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Azure Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Azure Power Global backward and forwards among themselves. Azure Power's institutional investor refers to the entity that pools money to purchase Azure Power'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
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K147 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.9 K199 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.7 K171 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.4 K87 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.8 K103 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.9 K62 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.1 K49 K
Note, although Azure Power'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.

Azure Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 341.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Azure Power's market, we take the total number of its shares issued and multiply it by Azure Power'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.

Azure Profitablity

Azure Power's profitability indicators refer to fundamental financial ratios that showcase Azure Power's ability to generate income relative to its revenue or operating costs. If, let's say, Azure Power is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Azure Power'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 Azure Power's profitability requires more research than a typical breakdown of Azure Power's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.17) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.68 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.01.

Management Efficiency

The entity has return on total asset (ROA) of 0.048 % which means that it generated profit of $0.048 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.1178) %, meaning that it created substantial loss on money invested by shareholders. Azure Power management efficiency ratios could be used to measure how well azure power global manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 5th of December, Azure Power shows the Downside Deviation of 4.89, mean deviation of 5.02, and Risk Adjusted Performance of 0.1795. Azure Power Global 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 interpolate data for nineteen technical drivers for Azure Power Global, which can be compared to its rivals. Please confirm Azure Power Global variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Azure Power Global is priced correctly, providing market reflects its regular price of 5.27 per share. Given that Azure Power has jensen alpha of 0.6374, we suggest you to validate Azure Power Global's prevailing market performance to make sure the company can sustain itself at a future point.

Azure Power Global Price Movement Analysis

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Azure Power Predictive Daily Indicators

Azure Power 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 Azure Power 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.

Azure Power Forecast Models

Azure Power time-series forecasting models is one of many Azure Power'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 Azure Power'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 Azure Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Azure Power 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 Azure 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 Azure Power. By using and applying Azure Stock analysis, traders can create a robust methodology for identifying Azure entry and exit points for their positions.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. Azure Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 471 people.

Current Azure Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Azure 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. Azure 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
34.3Buy5Odds
Azure Power Global current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Azure 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 Azure stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Azure Power Global, talking to its executives and customers, or listening to Azure conference calls.
Azure Analyst Advice Details

Azure Stock Analysis Indicators

Azure Power Global stock analysis indicators help investors evaluate how Azure Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Azure Power shares will generate the highest return on investment. By understating and applying Azure Power stock analysis, traders can identify Azure Power position entry and exit signals to maximize returns.
Begin Period Cash Flow15517000000.00
Total Stockholder Equity24248000000.00
Country NameUSA
Capital Lease Obligations3642000000.00
Property Plant And Equipment Net113061000000.00
Retained Earnings-12786000000.00
Cash And Short Term Investments11107000000.00
Cash11107000000.00
50 Day M A5.4548
Net Interest Income-8410000000.00
Total Current Liabilities24063000000.00
Forward Price Earnings7.5529
Common Stock Total Equity2000000.00
Logo U R LimglogosUSAZRE.png
Common Stock Shares Outstanding47979581.00
Total Cashflows From Investing Activities-18919000000.00
Tax Provision296000000.00
Quarterly Earnings Growth Y O Y16.725
CodeAZRE
Accounts Payable4294000000.00
Net Debt96058000000.00
Currency CodeUSD
Other Operating Expenses7451000000.00
Non Current Assets Total122099000000.00
Liabilities And Stockholders Equity148261000000.00
Non Currrent Assets Other7254000000.00
Please continue to Trending Equities. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for analysis

When running Azure Power Global price analysis, check to measure Azure Power'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 Azure Power is operating at the current time. Most of Azure Power's value examination focuses on studying past and present price action to predict the probability of Azure Power's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Azure Power's price. Additionally, you may evaluate how the addition of Azure Power to your portfolios can decrease your overall portfolio volatility.
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Portfolio Diagnostics
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Portfolio Rebalancing
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Equity Forecasting
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Pattern Recognition
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Is Azure Power'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 Azure Power. If investors know Azure 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 Azure Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
16.73
Market Capitalization
341.3 M
Quarterly Revenue Growth YOY
0.27
Return On Assets
0.048
Return On Equity
(0.12) 
The market value of Azure Power Global is measured differently than its book value, which is the value of Azure that is recorded on the company's balance sheet. Investors also form their own opinion of Azure Power's value that differs from its market value or its book value, called intrinsic value, which is Azure Power'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 Azure Power's market value can be influenced by many factors that don't directly affect Azure Power'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 Azure Power's value and its price as these two are different measures arrived at by different means. Investors typically determine Azure Power value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azure Power'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.