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

COMMON STOCK | Utilities-Renewable | TSX

Last Closing Price

CAD 16.97

Change

0.00 (0.00)%

Market Cap

CAD 11.50B

Volume

2.37M

Avg Analyst Target

CAD 20.90 (+23.16%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

AQN Stock Forecast & Price:
Based on the Algonquin Power & Utilities Corp stock forecasts from 4 analysts, the average analyst target price for Algonquin Power & Utilities Corp is CAD 20.90 over the next 12 months. Algonquin Power & Utilities Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Algonquin Power & Utilities Corp is Bullish , which is based on 8 positive signals and 3 negative signals. At the last closing, Algonquin Power & Utilities Corp’s stock price was CAD 16.97. Algonquin Power & Utilities Corp’s stock price has changed by -3.19% over the past week, -8.57% over the past month and -11.48% over the last year.

About Algonquin Power & Utilities Corp (AQN:CA:TSX)

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The ...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 : 0.29

52 Week High : 19.65

Short Ratio : 9.56

52 Week Low : 16.31

Shorted Shares : 14,633,176

200 Day Moving Average : 18.18

Shorted Shares Previous Month : 15,894,480

50 Day Moving Average : 17.94

Shares Held By Insiders : 0.05%

Short Percentage : 1.66%

Shares Held by Institutions : 45.94%

Dividend Yield : 5.40%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-09-24 )

Largest Industry Peers for Utilities-Renewable

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

N/A

 CAD30.12B 153.53 15.88
BEP-PE:CA Brookfield Renewable Partners ..

N/A

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

N/A

 CAD14.37B N/A N/A
BEP-PG:CA Brookfield Renewable Energy Pa..

N/A

 CAD14.04B N/A N/A
BEP-PI:CA Brookfield Renewable Partners ..

N/A

 CAD14.00B N/A N/A
BEP-PO:CA Brookfield Renewable Partners ..

N/A

 CAD13.80B N/A N/A
NPI:CA Northland Power Inc.

N/A

 CAD10.06B 17.57 8.79
BEPC:CA Brookfield Renewable Corp

N/A

 CAD8.45B 15.43 9.32
BLX:CA Boralex Inc

N/A

 CAD4.50B 76.82 14.79
CSE-PA:CA Capstone Infrastructure Corp

N/A

 CAD4.49B 670.00 N/A

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

 CAD0.03B
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.33 %

N/A

 CAD0.01B

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 -7.12% 53% F 76% C
Dividend Return 3.73% 92% A- 88% B+
Total Return -3.39% 53% F 82% B-
Trailing 12 Months  
Capital Gain -11.48% 33% F 59% F
Dividend Return 5.81% 100% A+ 93% A
Total Return -5.66% 53% F 71% C-
Trailing 5 Years  
Capital Gain 29.64% 63% D 73% C
Dividend Return 27.14% 86% B 94% A
Total Return 56.78% 63% D 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 9.53% 60% D- 69% D+
Dividend Return 4.10% 92% A- 87% B+
Total Return 13.64% 60% D- 75% C
Risk Return Profile  
Volatility (Standard Deviation) 16.12% 73% C 53% F
Risk Adjusted Return 84.58% 100% A+ 92% A-
Market Capitalization 11.50B 73% C 90% A-
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 42.43 58% F 11% F
Price/Book Ratio 1.60 80% B- 40% F
Price / Cash Flow Ratio 73.05 7% F 1% F
EV/EBITDA 29.94 30% F 6% F
Management Effectiveness  
Return on Equity 1.32% 67% D+ 35% F
Return on Invested Capital 4.11% 53% F 49% F
Return on Assets 1.62% 47% F 45% F
Debt to Equity Ratio 99.93% 78% C+ 30% F
Technical Ratios  
Dividend Yield 5.40% 62% D- 73% C
Short Ratio 9.56 13% F 21% F
Short Percent 1.66% 27% F 36% F
Beta 0.29 93% A 94% 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
Stock Target Advisor

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:
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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

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.