AQN:TSX-Algonquin Power & Utilities Corp (CAD)

COMMON STOCK | Utilities-Renewable | TSX

Last Closing Price

CAD 18.47

Change

+0.11 (+0.60)%

Market Cap

CAD 12.40B

Volume

2.15M

Avg Analyst Target

CAD 21.01 (+13.74%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

Algonquin Power & Utilities Corp (AQN) Stock Analysis:
Based on the Algonquin Power & Utilities Corp stock forecasts from 9 analysts, the average analyst target price for Algonquin Power & Utilities Corp is CAD 21.01 over the next 12 months. Algonquin Power & Utilities Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Algonquin Power & Utilities Corp is Bullish , which is based on 10 positive signals and 3 negative signals. At the last closing, Algonquin Power & Utilities Corp’s stock price was CAD 18.47. Algonquin Power & Utilities Corp’s stock price has changed by +5.72% over the past week, -6.01% over the past month and -0.27% over the last year.

About

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. It generates and sells electrical energy through r ...Read More

Company Website : https://algonquinpower.com

Address : 354 Davis Road, Oakville, ON, Canada, L6J 2X1

Employees : 3,445

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.26

52 Week High : 20.18

Short Ratio : 4.96

52 Week Low : 16.77

Shorted Shares : 16,071,724

200 Day Moving Average : 18.57

Shorted Shares Previous Month : 12,678,017

50 Day Moving Average : 19.00

Shares Held By Insiders : 0.15%

Short Percentage : 1.66%

Shares Held by Institutions : 45.64%

Dividend Yield : 5.12%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-19 )

Largest Industry Peers for Utilities-Renewable

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BEP-UN:CA Brookfield Renewable Partners ..

+0.71 (+1.59%)

 CAD28.78B 153.53 15.33
BEP-PE:CA Brookfield Renewable Partners ..

N/A

 CAD16.94B N/A N/A
BEP-PG:CA Brookfield Renewable Partners ..

+0.17 (+0.66%)

 CAD15.05B N/A N/A
BEP-PO:CA Brookfield Renewable Partners ..

+0.01 (+0.04%)

 CAD14.39B N/A N/A
BEP-PI:CA Brookfield Renewable Partners ..

N/A

 CAD14.00B N/A N/A
NPI:CA Northland Power Inc

+0.30 (+0.78%)

 CAD8.93B 47.22 10.03
BEPC:CA Brookfield Renewable Corporati..

+0.91 (+1.99%)

 CAD7.88B 13.47 10.98
CSE-PA:CA Capstone Infrastructure Corpor..

N/A

 CAD4.87B 727.27 N/A
RNW:CA TransAlta Renewables Inc

+0.05 (+0.29%)

 CAD4.68B 36.29 15.97
BLX:CA Boralex Inc

+0.55 (+1.40%)

 CAD4.10B 133.61 16.70

ETFs Containing AQN:CA

Symbol Name Weight Mer Price(Change) Market Cap
XUT:CA iShares S&P/TSX Capped Ut.. 0.00 % 0.61 %

N/A

 CAD0.31B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.35 %

N/A

 CAD0.02B
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.33 %

-0.04 (-0.20%)

 N/A

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Renewable)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.09% 77% C+ 83% B
Dividend Return 1.17% 50% F 60% D-
Total Return 2.26% 77% C+ 84% B
Trailing 12 Months  
Capital Gain -1.07% 64% D 67% D+
Dividend Return 4.60% 80% B- 79% C+
Total Return 3.52% 64% D 74% C
Trailing 5 Years  
Capital Gain 36.41% 63% D 71% C-
Dividend Return 23.65% 71% C- 89% B+
Total Return 60.06% 63% D 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 9.82% 50% F 67% D+
Dividend Return 3.86% 58% F 84% B
Total Return 13.67% 57% F 73% C
Risk Return Profile  
Volatility (Standard Deviation) 16.13% 71% C- 50% F
Risk Adjusted Return 84.75% 93% A 90% A-
Market Capitalization 12.40B 79% C+ 88% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Renewable)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 27.78 92% A- 17% F
Price/Book Ratio 1.72 90% A- 44% F
Price / Cash Flow Ratio 78.77 7% F 1% F
EV/EBITDA 24.99 40% F 16% F
Management Effectiveness  
Return on Equity 3.48% 79% C+ 37% F
Return on Invested Capital 4.11% 64% D 49% F
Return on Assets 1.57% 50% F 43% F
Debt to Equity Ratio 99.93% 75% C 30% F
Technical Ratios  
Dividend Yield 5.12% 58% F 74% C
Short Ratio 4.96 29% F 25% F
Short Percent 1.66% 30% F 53% F
Beta 0.26 92% A- 96% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

New Post

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.