Avista Stock Today

AVA -  USA Stock  

USD 41.45  0.47  1.15%

Market Performance
0 of 100
Odds Of Distress
Less than 45
Avista Corp is trading at 41.45 as of the 24th of June 2022, a 1.15% increase since the beginning of the trading day. The stock's open price was 40.98. Avista Corp has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Avista Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2022 and ending today, the 24th of June 2022. Click here to learn more.
CUSIP
05379B107
Fiscal Year End
December
Business Domain
Utilities
IPO Date
16th of November 1987
Category
Utilities
Classification
Utilities
ISIN
US05379B1070
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington. Avista Corp operates under Utilities - Diversified classification in the United States and is traded on New York Stock Exchange.. The company has 70.77 M outstanding shares of which 2.06 M shares are presently shorted by investors with about 4.59 days to cover. More on Avista Corp

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Follow Valuation Options Odds of Bankruptcy
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Avista Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Avista Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avista Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Avista Corp generated a negative expected return over the last 90 days
The company has 2.64 B in debt with debt to equity (D/E) ratio of 1.23, which is OK given its current industry classification. Avista Corp has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avista Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Avista Corp'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 Avista Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avista to invest in growth at high rates of return. When we think about Avista Corp's use of debt, we should always consider it together with cash and equity.
Avista Corp has a strong financial position based on the latest SEC filings
Over 86.0% of Avista Corp shares are held by institutions such as insurance companies
Latest headline from www.theglobeandmail.com: Hydro One seeking new CEO for second time in four years after current chief departs - The Globe and Mail
ChairmanScott Morris
Fama & French Classification
Average Analyst Recommendation
Analysts covering Avista Corp report their recommendations after researching Avista Corp's financial statements, talking to executives and customers, or listening in on Avista Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avista Corp. The Avista consensus assessment is calculated by taking the average forecast from all of the analysts covering Avista Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Avista Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Avista Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 8 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares73.6 M70 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted73.8 M70.1 M
Notably Up
Increasing
Slightly volatile
Net Cash Flow from Operations330.1 M267.3 M
Fairly Up
Increasing
Slightly volatile
Total Assets6.7 B6.9 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities4.6 B4.7 B
Fairly Down
Increasing
Slightly volatile
Current Assets400.6 M434.5 M
Significantly Down
Decreasing
Slightly volatile
Current Liabilities816.5 M913.1 M
Moderately Down
Increasing
Slightly volatile
Total Debt2.4 B2.5 B
Sufficiently Down
Increasing
Slightly volatile
Return on Average Assets0.02250.022
Fairly Up
Decreasing
Stable
Gross Margin0.610.579
Notably Up
Increasing
Slightly volatile
Asset Turnover0.230.216
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Avista Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Avista Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Avista Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avista Corp's financial leverage. It provides some insight into what part of Avista Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Avista Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Avista Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Avista Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.64 B in debt with debt to equity (D/E) ratio of 1.23, which is OK given its current industry classification. Avista Corp has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avista Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Avista Corp'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 Avista Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avista to invest in growth at high rates of return. When we think about Avista Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

330.1 MillionShare
Avista Corp (AVA) is traded on New York Stock Exchange in USA. It is located in 1411 East Mission Avenue, Spokane, WA 99202-2600, United States and employs 1,920 people. Avista Corp is listed under Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 2.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avista Corp's market, we take the total number of its shares issued and multiply it by Avista Corp'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. Avista Corp runs under Utilities sector within Utilities—Diversified industry. The entity has 70.77 M outstanding shares of which 2.06 M shares are presently shorted by investors with about 4.59 days to cover. Avista Corp has about 22.17 M in cash with 267.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Avista Corp Probability Of Bankruptcy
Ownership
Avista Corp retains a total of 70.77 Million outstanding shares. The majority of Avista Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avista Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avista Corp. Please pay attention to any change in the institutional holdings of Avista Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Avista Ownership Details

Avista Stock Price Odds Analysis

What are Avista Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Avista Corp jumping above the current price in 90 days from now is about 81.19%. The Avista Corp probability density function shows the probability of Avista Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Avista Corp has a beta of 0.3829. This suggests as returns on the market go up, Avista Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avista Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Avista Corp is significantly underperforming DOW.
  Odds Below 41.45HorizonTargetOdds Above 41.45
18.61%90 days
 41.45 
81.19%
Based on a normal probability distribution, the odds of Avista Corp to move above the current price in 90 days from now is about 81.19 (This Avista Corp probability density function shows the probability of Avista Stock to fall within a particular range of prices over 90 days) .

Avista Corp Historical Income Statement

Avista Corp Income Statement is one of the three primary financial statements used for reporting Avista's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Avista Corp revenue and expense. Avista Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Avista Corp Direct Expenses is projected to decrease significantly based on the last few years of reporting. The past year's Direct Expenses was at 1.2 Billion. The current year Consolidated Income is expected to grow to about 155.1 M, whereas Cost of Revenue is forecasted to decline to about 606.1 M. View More Fundamentals

Avista Stock Against Markets

Picking the right benchmark for Avista Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avista Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avista Corp is critical whether you are bullish or bearish towards Avista Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avista Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Avista Corp Corporate Directors

Avista Corp corporate directors refer to members of an Avista Corp board of directors. The board of directors generally takes responsibility for the Avista Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Avista Corp's board members must vote for the resolution. The Avista Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Heidi Stanley - Independent DirectorProfile
Donald Burke - Independent DirectorProfile
Jeffry Philipps - Independent DirectorProfile
Scott Maw - Independent DirectorProfile

Investing Avista Corp

You need to understand the risk of investing before taking a position in Avista Corp. The danger of trading Avista Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avista Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avista Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avista Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Avista Corp information on this page should be used as a complementary analysis to other Avista Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Avista Corp price analysis, check to measure Avista Corp'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 Avista Corp is operating at the current time. Most of Avista Corp's value examination focuses on studying past and present price action to predict the probability of Avista Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avista Corp's price. Additionally, you may evaluate how the addition of Avista Corp to your portfolios can decrease your overall portfolio volatility.
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Is Avista Corp'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 Avista Corp. If investors know Avista 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 Avista Corp 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
0.01
Market Capitalization
B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0195
Return On Equity
0.0701
The market value of Avista Corp is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista Corp's value that differs from its market value or its book value, called intrinsic value, which is Avista Corp'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 Avista Corp's market value can be influenced by many factors that don't directly affect Avista Corp'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 Avista Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Avista Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista Corp'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.