Canadian Utilities Limited Stock Today

CU Stock  CAD 30.85  0.16  0.52%   

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Odds Of Distress

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Canadian Utilities is selling at 30.85 as of the 28th of March 2024; that is 0.52% increase since the beginning of the trading day. The stock's open price was 30.69. Canadian Utilities has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 27th of February 2024 and ending today, the 28th of March 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 204.33 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 3.55 days to cover all short positions. More on Canadian Utilities Limited

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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
CEOSiegfried Kiefer
Thematic IdeaBasic Utilities (View all Themes)
Business ConcentrationElectric 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canadian Utilities' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canadian Utilities deploys its capital and how much of that capital is borrowed.
Liquidity
Canadian Utilities cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 528 M in total debt with debt to equity ratio (D/E) of 1.39, which is about average as compared to similar companies. Canadian Utilities has a current ratio of 1.48, which is within standard range for the sector. Debt can assist Canadian Utilities until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Utilities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Utilities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Utilities' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(45.88 Million)
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 6.27 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 204.33 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 3.55 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 Allocation
Canadian Utilities retains a total of 204.33 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. 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 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 about 51.51%. 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 Limited has a beta of -0.1713 suggesting as returns on benchmark increase, returns on holding Canadian Utilities are expected to decrease at a much lower rate. During the bear market, however, Canadian Utilities Limited is likely to outperform the market. Additionally, canadian Utilities Limited has an alpha of 0.0178, implying that it can generate a 0.0178 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 30.85HorizonTargetOdds Above 30.85
47.88%90 days
 30.85 
51.51%
Based on a normal probability distribution, the odds of Canadian Utilities to move above the current price in 90 days from now is about 51.51 (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 Historical Income Statement

Canadian Utilities Limited Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Utilities revenue and expense. Canadian Utilities Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canadian Utilities' Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2024, Total Other Income Expense Net is likely to grow to about 300.3 M, while Interest Expense is likely to drop about 254.3 M. View More Fundamentals

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.

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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 NormandIndependent DirectorProfile
Charles WilsonIndependent DirectorProfile
Laura ReedIndependent DirectorProfile
Linda HeathcottDirectorProfile

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.
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Please note, there is a significant difference between Canadian Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Utilities' 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.