Boralex (BLX) Stock Price, News & Analysis

Company Overview

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power. The company generates the vast majority of its revenue from the sale of energy through long-term contracts to customers in Canada, France, and the United States. Boralex's wind and hydroelectric power stations, located in Canada and France, account for most of this revenue. The company's facilities in Canada and France are also responsible for most of the company's total power production.

Key Stats

• Today's Range: N/A
• 50-Day Range: C$37.24 to C$37.24
• 52-Week Range: N/A
• Volume: 940,177 shs
• Average Volume: 683,548 shs
• Market Capitalization: C$3.83 billion
• P/E Ratio: N/A
• Dividend Yield: 1.77%
• Price Target: C$37.63
• Consensus Rating: Hold

Boralex Stock Analysis - MarketRank™

Boralex scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Boralex has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Boralex has a consensus price target of C$37.63, representing about ∞ upside from its current price of C$0.00.

Amount of Analyst Coverage

Boralex has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Boralex is -120.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boralex is -120.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Boralex has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BLX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Boralex pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boralex does not have a long track record of dividend growth.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.69

News Sentiment

Boralex has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Boralex this week, compared to 1 article on an average week.

Search Interest

6 people have searched for BLX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boralex insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.16% of the stock of Boralex is held by insiders.

Percentage Held by Institutions

31.31% of the stock of Boralex is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Renewable Electricity
• Current Symbol: TSE:BLX
• CIK: N/A
• Web: www.boralex.com
• Phone: +1-819-3636363
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Boralex: C$37.63
• High Price Target: C$39.00
• Low Price Target: C$36.00
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.31)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: 2.01
• Net Income: C$71.91 million
• Net Margins: -3.56%
• Pretax Margin: N/A
• Return on Equity: -2.08%
• Return on Assets: 2.54%

Debt

• Debt-to-Equity Ratio: 309.98
• Current Ratio: 1.24
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: C$898 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 6.36
• Book Value: C$19.33 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 102,755,000
• Free Float: N/A
• Market Cap: C$3.83 billion
• Optionable: Not Optionable
• Beta: 0.22