Algonquin Power & Utilities Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 11 out of 12 in the Multiline Utilities industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.82.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Algonquin Power & Utilities Corp's Score
Industry at a Glance
Industry Ranking
11 / 12
Overall Ranking
159 / 4521
Industry
Multiline Utilities
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Algonquin Power & Utilities Corp Highlights
StrengthsRisks
Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company is engaged in providing sustainable energy and water solutions through its portfolio of generation, transmission and distribution utility investments to over one million customer connections. The Company's operations are organized across three business units, consisting of: the Regulated Services Group, which primarily owns and operates a portfolio of regulated electric, water distribution and wastewater collection and natural gas utility systems and transmission operations in the United States, Canada, Bermuda and Chile; the Hydro Group, consisting of the hydroelectric business, which is not being sold as a part of the Renewables sale; and the Corporate Group, which includes corporate and service companies as well as its investment in Atlantica.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.32B.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 493.55%.
Undervalued
The company’s latest PE is -195.01, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 571.91M shares, increasing 0.11% quarter-over-quarter.
Analyst Rating
Based on
9
analysts
Hold
Current Rating
6.821
Target Price
+4.46%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company is engaged in providing sustainable energy and water solutions through its portfolio of generation, transmission and distribution utility investments to over one million customer connections. The Company's operations are organized across three business units, consisting of: the Regulated Services Group, which primarily owns and operates a portfolio of regulated electric, water distribution and wastewater collection and natural gas utility systems and transmission operations in the United States, Canada, Bermuda and Chile; the Hydro Group, consisting of the hydroelectric business, which is not being sold as a part of the Renewables sale; and the Corporate Group, which includes corporate and service companies as well as its investment in Atlantica.