Atlantic Story

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AT -- USA Stock  

USD 2.87  0.02  0.69%

Atlantic Power Working Capital is comparatively stable at the moment as compared to the past year. Atlantic Power reported Working Capital of 26.82 Million in 2020. Current Ratio is likely to gain to 1.19 in 2021, whereas Asset Turnover is likely to drop 0.28 in 2021. The upcoming quarterly report is expected on the 25th of February 2021. The stock is currently undergoing an active upward rally. While some of us are getting worried about utilities space, it is reasonable to review Atlantic Power using its current fundamental data. We will analyze why Atlantic Power investors may still consider a stake in the business. The entity current odds of distress is under 48 percent. Will private investors continue to be optimistic, or should we expect a sell-off?
Published over a month ago
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Are private investors happy with Atlantic Power (NYSE:AT) basic indicators?
Atlantic Power has performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.4386, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Atlantic's beta means in this case. As returns on the market increase, Atlantic Power returns are expected to increase less than the market. However, during the bear market, the loss on holding Atlantic Power will be expected to be smaller as well. Although it is extremely important to respect Atlantic Power historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Atlantic Power technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. Atlantic Power right now shows a risk of 2.22%. Please confirm Atlantic Power total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power to decide if Atlantic Power will be following its price patterns.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Atlantic Power income statement, its balance sheet, and the statement of cash flows. Potential Atlantic Power investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Atlantic Power investors may use each financial statement separately, they are all related. The changes in Atlantic Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Atlantic Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Atlantic Power fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Atlantic Power performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Atlantic Power shares is the value that is considered the true value of the share. If the intrinsic value Atlantic is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Atlantic Power.
Please read more on our fundamental analysis page.

What is Atlantic Asset Breakdown?

Atlantic Power Corp reports assets on its Balance Sheet. It represents the amount of Atlantic resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Atlantic volatility, please check the breakdown of all its fundamentals

Are Atlantic Power Earnings Expected to grow?

The future earnings power of Atlantic Power involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Atlantic Power factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Atlantic Power stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Atlantic expected earnings.

Atlantic Power Gross Profit

Atlantic Power Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Atlantic Power previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Atlantic Power Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Breaking it down a bit more

Institutional investor usually refers to an organization that invests money in Atlantic Power on behalf of clients or other money managers. Buying and selling of large positions of Atlantic Power stock by institutional investors can create supply and demand imbalances that result in sudden price moves of Atlantic Power stock. Let's take a look at how the ownership of Atlantic is distributed among investors.

Ownership Allocation

Atlantic Power holds a total of eighty-nine million two hundred twenty thousand outstanding shares. Over half of Atlantic Power outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Atlantic Power. Please watch out for any change in the institutional holdings of Atlantic Power as this could mean something significant has changed or about to change at the company. Please note that no matter how much 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.

Retail Investors
38.54%
Institutions
57.35%
Retail Investors38.54
Insiders4.11
Institutions57.35

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Atlantic Power has an asset utilization ratio of 15.95 percent. This implies that the company is making $0.16 for each dollar of assets. An increasing asset utilization means that Atlantic Power is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current
723.2 M
Current Assets199.43 Million18.28
Assets Non Current723.15 Million66.3
Goodwill152.96 Million14.02
Tax Assets15.14 Million1.39

Our perspective of the newest Atlantic Power gain

Newest Sortino Ratio is up to -0.03. Price may drop again. As of the 15th of January 2021, Atlantic Power shows the Risk Adjusted Performance of 0.0262, mean deviation of 1.52, and Downside Deviation of 2.11. Atlantic Power 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Atlantic Power, which can be compared to its rivals. Please confirm Atlantic Power information ratio, as well as the relationship between the value at risk and expected short fall to decide if Atlantic Power is priced correctly, providing market reflects its regular price of 2.92 per share. Please also double-check Atlantic Power total risk alpha, which is currently at (0.19) to validate the company can sustain itself at a future point.

Our Conclusion on Atlantic Power

Whereas other entities under the utilities?independent power producers industry are still a bit expensive, Atlantic Power may offer a potential longer-term growth to private investors. With a relatively neutral outlook on the newest economy, it is better to hold off any trading of Atlantic as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Atlantic Power.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Atlantic Power Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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