Algonquin Power Utilities Stock Analysis

Algonquin Stock Analysis Notes

About 68.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the 29th of June 2021. 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 was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people. For more info on Algonquin Power Utilities please contact Arun Banskota at 905-465-4500 or go to https://algonquinpower.com.

Algonquin Power Utilities Investment Alerts

Algonquin Power Environmental, Social, and Governance (ESG) Scores

Algonquin Profitablity

The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.19 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.19.

Management Efficiency

The company has return on total asset (ROA) of 0.0165 % which means that it generated a profit of $0.0165 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0584) %, meaning that it created substantial loss on money invested by shareholders. Algonquin Power's management efficiency ratios could be used to measure how well Algonquin Power manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.03 in 2024, whereas Return On Tangible Assets are likely to drop 0 in 2024. At this time, Algonquin Power's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 19.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 395.4 M in 2024.

Technical Drivers

As of the 7th of June, Algonquin Power shows the risk adjusted performance of 0.0511, and Mean Deviation of 1.4. Algonquin Power Utilities technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Algonquin Power Utilities Price Movement Analysis

Algonquin Power Outstanding Bonds

Algonquin Power Predictive Daily Indicators

Algonquin Power Corporate Filings

Algonquin Power Forecast Models

Algonquin Power's time-series forecasting models are one of many Algonquin Power's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algonquin Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Algonquin Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algonquin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Algonquin Power. By using and applying Algonquin Stock analysis, traders can create a robust methodology for identifying Algonquin entry and exit points for their positions.

When running Algonquin Power's price analysis, check to measure Algonquin Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.