Desjardins Has Negative Forecast for TSE:AQN Q2 Earnings

Key Points

• Desjardins has revised Algonquin Power & Utilities' Q2 2025 earnings forecast down to $0.05 per share, from a previous estimate of $0.07.
• The stock has seen multiple ratings modifications, with analysts at BMO Capital Markets and National Bank Financial downgrading their ratings to "hold."
• Algonquin Power & Utilities shares are currently trading at C$7.81, reflecting a 3.7% decline from the previous trading session.

Algonquin Power & Utilities Corp. (TSE:AQN - Free Report) - Desjardins decreased their Q2 2025 earnings per share (EPS) estimates for shares of Algonquin Power & Utilities in a report released on Wednesday, August 6th. Desjardins analyst B. Stadler now anticipates that the company will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.07. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.47 per share.

Several other research analysts also recently commented on the company. BMO Capital Markets downgraded Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. National Bank Financial downgraded Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 price target for the company. in a research report on Tuesday, June 3rd. Finally, TD Securities dropped their price target on Algonquin Power & Utilities from C$6.50 to C$6.00 and set a "hold" rating for the company in a research report on Monday. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of C$6.38.

Algonquin Power & Utilities Price Performance

TSE AQN traded up C$0.08 during trading hours on Monday, hitting C$7.92. The company had a trading volume of 2,977,631 shares, compared to its average volume of 2,201,864. Algonquin Power & Utilities has a 52 week low of C$6.03 and a 52 week high of C$8.56. The firm has a 50 day simple moving average of C$8.01 and a 200 day simple moving average of C$7.46. The company has a debt-to-equity ratio of 154.35, a quick ratio of 0.37 and a current ratio of 0.92. The firm has a market capitalization of C$4.29 billion, a price-to-earnings ratio of -3.97, a PEG ratio of 1.07 and a beta of 0.52.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.