Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$6.91 and traded as high as C$7.61. Algonquin Power & Utilities shares last traded at C$7.55, with a volume of 1,156,316 shares.
Analysts Set New Price Targets
A number of analysts recently issued reports on the stock. TD Securities increased their target price on shares of Algonquin Power & Utilities from C$5.00 to C$6.00 and gave the stock a "hold" rating in a research report on Monday, May 12th. BMO Capital Markets downgraded shares of Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Algonquin Power & Utilities has an average rating of "Hold" and a consensus price target of C$6.00.
View Our Latest Research Report on AQN
Algonquin Power & Utilities Trading Up 0.5%
The business's 50 day moving average is C$7.41 and its two-hundred day moving average is C$6.92. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35. The firm has a market capitalization of C$4.12 billion, a P/E ratio of -3.81, a PEG ratio of 1.07 and a beta of 0.52.
Algonquin Power & Utilities (TSE:AQN - Get Free Report) last released its earnings results on Friday, March 7th. The company reported C$0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same period last year, the business earned $0.16 EPS. Analysts expect that Algonquin Power & Utilities Corp. will post 0.4650555 EPS for the current year.
Insider Buying and Selling at Algonquin Power & Utilities
In related news, Director Randy David Laney bought 9,795 shares of Algonquin Power & Utilities stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of C$7.02 per share, for a total transaction of C$68,803.21. Company insiders own 0.06% of the company's stock.
About Algonquin Power & Utilities
(
Get Free Report)
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
Read More
Before you consider Algonquin Power & Utilities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Algonquin Power & Utilities wasn't on the list.
While Algonquin Power & Utilities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
