Canadian Utilities Limited Stock Today
| CU Stock | CAD 32.04 0.18 0.56% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Canadian Utilities is selling at 32.04 as of the 15th of May 2024; that is 0.56 percent increase since the beginning of the trading day. The stock's open price was 31.86. Canadian Utilities has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Canadian Utilities Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of December 2023 and ending today, the 15th of May 2024. Click here to learn more.
Business Domain Utilities |
Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. The company was incorporated in 1927 and is headquartered in Calgary, Canada. CANADIAN UTILITIES operates under UtilitiesDiversified classification in Canada and is traded on Toronto Stock Exchange. The company has 204.66 M outstanding shares of which 1.44 M shares are currently shorted by private and institutional investors with about 2.01 days to cover all short positions. More on Canadian Utilities Limited
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Canadian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Utilities' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Utilities or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Utilities' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Utilities' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Siegfried Kiefer | ||||
| Thematic Idea | Basic Utilities (View all Themes) | ||||
| Business Concentration | Electric Utilities, Utilities - Diversified, Utilities, Basic Utilities, Utilities, Electric Utilities, Utilities—Diversified, Utilities (View all Sectors) | ||||
Canadian Utilities' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Utilities' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Utilities' financial leverage. It provides some insight into what part of Canadian Utilities' total assets is financed by creditors.
| |||||
Canadian Utilities Limited (CU) is traded on Toronto Exchange in Canada and employs 9,018 people. Canadian Utilities is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Utilities's market, we take the total number of its shares issued and multiply it by Canadian Utilities's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Utilities classifies itself under Electric Utilities sector and is part of Utilities industry. The entity has 204.66 M outstanding shares of which 1.44 M shares are currently shorted by private and institutional investors with about 2.01 days to cover all short positions.
Canadian Utilities Limited has accumulated about 911 M in cash with 1.78 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
Check Canadian Utilities Probability Of Bankruptcy
Ownership AllocationCanadian Utilities holds a total of 204.66 Million outstanding shares. Canadian Utilities Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details
Canadian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Canadian Utilities jumping above the current price in 90 days from now is near 1%. The Canadian Utilities Limited probability density function shows the probability of Canadian Utilities stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canadian Utilities has a beta of 0.6843 suggesting as returns on the market go up, Canadian Utilities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canadian Utilities Limited will be expected to be much smaller as well. Additionally, canadian Utilities Limited has an alpha of 0.0704, implying that it can generate a 0.0704 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canadian Utilities to move above the current price in 90 days from now is near 1 (This Canadian Utilities Limited probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .
Canadian Utilities Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Utilities market risk premium is the additional return an investor will receive from holding Canadian Utilities long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canadian Utilities. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Canadian Utilities' alpha and beta are two of the key measurements used to evaluate Canadian Utilities' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6455 | |||
| Semi Deviation | 0.6871 | |||
| Standard Deviation | 0.8231 | |||
| Variance | 0.6775 |
Canadian Stock Against Markets
Picking the right benchmark for Canadian Utilities stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Utilities stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Utilities is critical whether you are bullish or bearish towards Canadian Utilities Limited at a given time. Please also check how Canadian Utilities' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canadian Utilities without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Suggestion Now
Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
Canadian Utilities Corporate Directors
Canadian Utilities corporate directors refer to members of a Canadian Utilities board of directors. The board of directors generally takes responsibility for the Canadian Utilities' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Utilities' board members must vote for the resolution. The Canadian Utilities board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Normand | Independent Director | Profile | |
| Charles Wilson | Independent Director | Profile | |
| Loraine Charlton | Independent Director | Profile | |
| Laura Reed | Independent Director | Profile |
How to buy Canadian Stock?
Before investing in Canadian Utilities, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Utilities. To buy Canadian Utilities stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Utilities. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Utilities stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canadian Utilities Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Canadian Utilities Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Utilities Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Canadian Utilities Limited?
The danger of trading Canadian Utilities Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Utilities is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Utilities. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Utilities is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Utilities Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Canadian Stock analysis
When running Canadian Utilities' price analysis, check to measure Canadian Utilities' 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 Canadian Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |