Avista Stock Today
| AVA Stock | USD 33.73 0.62 1.87% |
Performance1 of 100
| Odds Of DistressLess than 37
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Avista is trading at 33.73 as of the 18th of April 2024, a 1.87% increase since the beginning of the trading day. The stock's open price was 33.11. Avista has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Avista are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 16th of November 1987 |
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington. Avista Corp is traded on New York Stock Exchange in the United States. The company has 78.19 M outstanding shares of which 2.97 M shares are presently shorted by investors with about 5.64 days to cover. More on Avista
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Avista 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. Avista's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avista or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Scott Morris | ||||
| Thematic Idea | Utilities (View all Themes) | ||||
| Old Name | Aurvista Gold Corp | ||||
| Business Concentration | Multi-Utilities, Utilities - Diversified, Utilities, NYSE Composite, SP Small-Cap 600, Utilities, Multi-Utilities, Utilities—Diversified, Utilities (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Avista report their recommendations after researching Avista's financial statements, talking to executives and customers, or listening in on Avista's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avista. The Avista consensus assessment is calculated by taking the average forecast from all of the analysts covering Avista. | |||||
Avista's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Avista's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Avista's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Avista's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. 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 Avista's financial leverage. It provides some insight into what part of Avista's total assets is financed by creditors.
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Avista (AVA) is traded on New York Stock Exchange in USA. It is located in 1411 East Mission Avenue, Spokane, WA, United States, 99202-2600 and employs 39 people. Avista is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avista's market, we take the total number of its shares issued and multiply it by Avista'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. Avista runs under Multi-Utilities sector within Utilities industry. The entity has 78.19 M outstanding shares of which 2.97 M shares are presently shorted by investors with about 5.64 days to cover.
Avista has about 13.43 M in cash with 447.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3.
Check Avista Probability Of Bankruptcy
Ownership AllocationAvista retains a total of 78.19 Million outstanding shares. The majority of Avista outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avista to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avista. Please pay attention to any change in the institutional holdings of Avista as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Avista Ownership Details
Avista Stock Price Odds Analysis
What are Avista's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Avista jumping above the current price in 90 days from now is about 47.87%. The Avista probability density function shows the probability of Avista stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Avista has a beta of 0.359. This suggests as returns on the market go up, Avista average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avista will be expected to be much smaller as well. Additionally, avista has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Avista to move above the current price in 90 days from now is about 47.87 (This Avista probability density function shows the probability of Avista Stock to fall within a particular range of prices over 90 days) .
Avista Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Avista that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avista's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Avista's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.1 M | |
| Amvescap Plc. | 2023-12-31 | 1 M | |
| Northern Trust Corp | 2023-12-31 | 956.8 K | |
| Old Republic International Corp | 2023-12-31 | 597.5 K | |
| Prudential Financial Inc | 2023-12-31 | 590.6 K | |
| Norges Bank | 2023-12-31 | 531.3 K | |
| Blackrock Inc | 2023-12-31 | 15 M | |
| Vanguard Group Inc | 2023-12-31 | 9.5 M |
Avista Historical Income Statement
Avista Income Statement is one of the three primary financial statements used for reporting Avista's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Avista revenue and expense. Avista Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Avista's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.9 B, whereas Gross Profit is forecasted to decline to about 764 M. View More FundamentalsAvista Stock Against Markets
Picking the right benchmark for Avista 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 Avista 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 Avista is critical whether you are bullish or bearish towards Avista at a given time. Please also check how Avista's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Avista 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?
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Avista Corporate Directors
Avista corporate directors refer to members of an Avista board of directors. The board of directors generally takes responsibility for the Avista's 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 Avista's board members must vote for the resolution. The Avista board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Heidi Stanley | Independent Director | Profile | |
| Donald Burke | Independent Director | Profile | |
| Jeffry Philipps | Independent Director | Profile | |
| Scott Maw | Independent Director | Profile |
How to buy Avista Stock?
Before investing in Avista, 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 Avista. To buy Avista stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Avista. 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 Avista stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Avista 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 Avista 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 Avista, 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. For more information on how to buy Avista Stock please use our How to Invest in Avista guide.
Already Invested in Avista?
The danger of trading Avista 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 Avista 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 Avista. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avista 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.
When determining whether Avista offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avista's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avista Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avista Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avista. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Avista Stock analysis
When running Avista's price analysis, check to measure Avista'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 Avista is operating at the current time. Most of Avista's value examination focuses on studying past and present price action to predict the probability of Avista's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avista's price. Additionally, you may evaluate how the addition of Avista to your portfolios can decrease your overall portfolio volatility.
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Is Avista's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avista. If investors know Avista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avista listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.034 | Dividend Share 1.84 | Earnings Share 2.24 | Revenue Per Share 22.927 | Quarterly Revenue Growth 0.014 |
The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avista's market value can be influenced by many factors that don't directly affect Avista's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.