Algonquin Power & Utilities Corp. (TSE:AQN - Free Report) - Analysts at Scotiabank lifted their FY2025 earnings per share estimates for Algonquin Power & Utilities in a report issued on Monday, June 9th. Scotiabank analyst R. Hope now forecasts that the company will earn $0.42 per share for the year, up from their previous forecast of $0.41. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Algonquin Power & Utilities' FY2026 earnings at $0.49 EPS.
Several other research firms also recently commented on AQN. BMO Capital Markets downgraded shares of Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. TD Securities boosted their price objective on shares of Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the company a "hold" rating in a report on Wednesday, June 4th. Finally, National Bank Financial cut Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 target price for the company. in a research report on Tuesday, June 3rd. Six investment analysts have rated the stock with a hold rating, According to MarketBeat.com, Algonquin Power & Utilities presently has a consensus rating of "Hold" and an average price target of C$6.63.
View Our Latest Report on Algonquin Power & Utilities
Algonquin Power & Utilities Trading Down 0.1%
Shares of TSE:AQN traded down C$0.01 during mid-day trading on Wednesday, reaching C$8.03. 411,823 shares of the company's stock were exchanged, compared to its average volume of 2,390,550. The business's fifty day moving average price is C$7.52 and its 200-day moving average price is C$6.99. The company has a debt-to-equity ratio of 154.35, a quick ratio of 0.37 and a current ratio of 0.92. Algonquin Power & Utilities has a twelve month low of C$6.03 and a twelve month high of C$8.76. The firm has a market capitalization of C$4.35 billion, a price-to-earnings ratio of -4.03, a PEG ratio of 1.07 and a beta of 0.52.
About Algonquin Power & Utilities
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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.
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