Algonquin Power & Utilities (NYSE:AQN - Get Free Report) is projected to release its earnings data before the market opens on Friday, March 7th. Analysts expect Algonquin Power & Utilities to post earnings of $0.10 per share and revenue of $644.73 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.
Algonquin Power & Utilities Price Performance
Algonquin Power & Utilities stock traded down $0.05 during mid-day trading on Monday, hitting $4.74. 7,817,758 shares of the company traded hands, compared to its average volume of 9,097,017. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.73 and a current ratio of 0.92. Algonquin Power & Utilities has a one year low of $4.19 and a one year high of $6.79. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of -3.68 and a beta of 0.69. The stock has a fifty day moving average price of $4.56 and a 200-day moving average price of $4.88.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. Royal Bank of Canada dropped their price objective on shares of Algonquin Power & Utilities from $6.00 to $5.50 and set a "sector perform" rating for the company in a report on Tuesday, February 18th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $7.00 price target on shares of Algonquin Power & Utilities in a research note on Thursday, December 12th. National Bankshares decreased their price objective on Algonquin Power & Utilities from $6.75 to $6.25 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. Finally, Scotiabank upped their target price on Algonquin Power & Utilities from $5.25 to $5.50 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $6.00.
Read Our Latest Stock Report on AQN
Algonquin Power & Utilities Company Profile
(
Get Free Report)
Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.
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