Avista Stock Net Income
| AVA Stock | USD 35.58 0.23 0.65% |
Avista fundamentals help investors to digest information that contributes to Avista's financial success or failures. It also enables traders to predict the movement of Avista Stock. The fundamental analysis module provides a way to measure Avista's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avista stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 171.2 M | 106.2 M | |
| Net Income Applicable To Common Shares | 178.5 M | 108.8 M | |
| Net Income From Continuing Ops | 171.2 M | 142.7 M | |
| Net Income Per Share | 2.24 | 1.30 | |
| Net Income Per E B T | 1.24 | 1.31 |
Avista | Net Income |
Avista Company Net Income Analysis
Avista's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Avista Net Income | 171.18 M |
Most of Avista's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avista is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avista Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Avista is extremely important. It helps to project a fair market value of Avista Stock properly, considering its historical fundamentals such as Net Income. Since Avista's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avista's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avista's interrelated accounts and indicators.
Avista Net Income Historical Pattern
Today, most investors in Avista Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avista's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Avista net income as a starting point in their analysis.
Avista Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Avista Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Avista reported net income of 171.18 M. This is 19.07% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 70.02% higher than that of the company.
Avista Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avista's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avista could also be used in its relative valuation, which is a method of valuing Avista by comparing valuation metrics of similar companies.Avista is currently under evaluation in net income category among related companies.
Avista 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.| 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 Fundamentals
| Return On Equity | 0.071 | ||||
| Return On Asset | 0.0214 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 5.79 B | ||||
| Shares Outstanding | 78.19 M | ||||
| Shares Owned By Insiders | 0.84 % | ||||
| Shares Owned By Institutions | 89.04 % | ||||
| Number Of Shares Shorted | 2.97 M | ||||
| Price To Earning | 21.14 X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 1.52 X | ||||
| Revenue | 1.75 B | ||||
| Gross Profit | 974.35 M | ||||
| EBITDA | 538.97 M | ||||
| Net Income | 171.18 M | ||||
| Cash And Equivalents | 13.43 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 3.03 B | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 0.75 X | ||||
| Book Value Per Share | 31.83 X | ||||
| Cash Flow From Operations | 447.08 M | ||||
| Short Ratio | 5.64 X | ||||
| Earnings Per Share | 2.24 X | ||||
| Price To Earnings To Growth | 2.89 X | ||||
| Target Price | 38.25 | ||||
| Beta | 0.49 | ||||
| Market Capitalization | 2.76 B | ||||
| Total Asset | 7.7 B | ||||
| Retained Earnings | 841.35 M | ||||
| Working Capital | (113.36 M) | ||||
| Current Asset | 306.05 M | ||||
| Current Liabilities | 474.68 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.62 % | ||||
| Net Asset | 7.7 B | ||||
| Last Dividend Paid | 1.84 |
About Avista Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avista's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avista using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avista based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Avista
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avista position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avista will appreciate offsetting losses from the drop in the long position's value.Moving together with Avista Stock
| 0.61 | ALE | Allete Inc Financial Report 1st of May 2024 | PairCorr |
Moving against Avista Stock
| 0.59 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
| 0.58 | MNTK | Montauk Renewables Financial Report 8th of May 2024 | PairCorr |
| 0.54 | OTTR | Otter Tail Financial Report 6th of May 2024 | PairCorr |
| 0.47 | ELPC | Companhia Paranaense | PairCorr |
The ability to find closely correlated positions to Avista could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avista when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avista - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avista to buy it.
The correlation of Avista is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avista moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avista moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avista can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Avista Piotroski F Score and Avista Altman Z Score analysis. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.