AQN Stock Price Analysis:
Analysts rate Algonquin Power & Utilities Corp. (AQN:TSX) with a consensus “Buy” rating and AQN stock price target of $16.65 per share.
Algonquin Power & Utilities Corp’s stock analysis by Stock Target Advisor is Slightly Bullish and is based on 8 positive and 4 negative signals. The AQN stock price of Algonquin Power & Utilities Corp. was CAD 10.16 at the most recent closure.
AQN stock price of Algonquin Power & Utilities Corp has fluctuated by -0.88% over the previous week, -31.99% over the previous month, and -41.24% over the previous year.
Fundamental Stock Analysis of Algonquin Power & Utilities Corp. (AQN:TSX):
Positive Fundamentals:
Superior risk-adjusted returns are what we like:
In the top quartile, this stock has outperformed its sector rivals on a risk-adjusted basis over the course of at least a 12-month holding period.
Outstanding total returns:
The stock is in the top quartile and has beaten its sector rivals over the previous five years (for a hold duration of at least 12 months).
Priced below what the book would bear:
On a price-to-book value metric, the stock is trading at a low price compared to its peers and is in the top quartile. Although it can be priced too low, be sure there isn’t a specific explanation by looking at its financial performance.
Small debt:
The company is more flexible since it is less leveraged than its competitors and is in the top quartile. However, keep an eye on the stock news and consider the industry. This is occasionally low because there is no room for future expansion at the organization.
A healthy cash flow:
The last four quarters saw positive total cash flow for the organization.
A favourable free cash flow:
The last four quarters saw the company generate positive total free cash flow.
Superior growth in earnings:
In the preceding five years, this stock’s profits growth was in the top quartile for its industry.
Superior growth in revenue:
Compared to its industry, this stock’s revenue growth over the previous five years has been in the top quartile.
Negative Fundamentals:
Excessively expensive in relation to earnings:
The stock is trading above the sector median and at a premium to its peers in terms of price to earnings.
Overpriced based on cash flow:
On a price-to-cash flow ratio, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median.
Poor asset return:
In comparison to its peers, the management of the company produced a lower median return on assets during the past four quarters.
Priced excessively based on free cash flow:
On a price to free cash flow basis, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median.
Conclusion:
