Elemental Altus Royalties (ELE) Stock Price, News & Analysis

Company Overview

Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers. The company distribution and transmission networks comprise 315,365 kilometers. It also sells energy, as well as provides energy related commercial services. The company also engages in installation, maintenance, and repair services of electricity, gas, and air conditioning; servicing of individual domestic hot water boilers, and electrical repair services. In addition, it is also involved in the supply of electricity and gas to other European markets, including Germany, France, Belgium, France, and the Netherlands. Further, the company is involved in the electric mobility, demand management, distributed generation, energy storage; exploitation of primary energy resources; provision of energy related industrial services; electricity transmission business; management, operation, and administration of nuclear plants; issuance of debt instruments; consultancy and civil engineering services; and develop and manages real estate properties. The company was formerly known as Empresa Nacional de Electricidad, S.A. and changed its name to Endesa, S.A. in June 1997. The company was incorporated in 1944 and is headquartered in Madrid, Spain. Endesa, S.A. is a subsidiary of ENEL Iberia, S.L.U.

Key Stats

• Today's Range: C$2.08 to C$2.15
• 50-Day Range: C$1.63 to C$2.16
• 52-Week Range: C$1.00 to C$2.20
• Volume: 54,981 shs
• Average Volume: 104,471 shs
• Market Capitalization: C$356.72 million
• P/E Ratio: 259.48
• Dividend Yield: N/A
• Price Target: C$2.25
• Consensus Rating: Strong Buy

Elemental Altus Royalties Stock Analysis - MarketRank™

Elemental Altus Royalties scored higher than 1% 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: 0.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Elemental Altus Royalties has only been the subject of 1 research reports 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 Elemental Altus Royalties is 259.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elemental Altus Royalties is 259.48, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.82.

Price to Book Value per Share Ratio

Elemental Altus Royalties has a P/B Ratio of 4.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Short Interest

There is no current short interest data available for ELE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Elemental Altus Royalties does not currently pay a dividend.

Dividend Growth

Elemental Altus Royalties does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ELE.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.72

News Sentiment

Elemental Altus Royalties has a news sentiment score of 0.72. 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 lower news sentiment than the 0.90 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Elemental Altus Royalties this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Elemental Altus Royalties insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$11,544.00 in company stock and sold C$0.00 in company stock.

ELE Stock Analysis - Frequently Asked Questions

How have ELE shares performed this year?

Elemental Altus Royalties' stock was trading at C$1.15 at the start of the year. Since then, ELE shares have increased by 82.6% and is now trading at C$2.10.

How do I buy shares of Elemental Altus Royalties?

Shares of ELE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Transportation
• Industry: Electric Services
• Sub-Industry: Utilities
• Current Symbol: CVE:ELE
• CIK: N/A
• Web: N/A
• Phone: 34-91-2131000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Elemental Altus Royalties: C$2.25
• High Price Target: C$2.25
• Low Price Target: C$2.25
• Potential Upside/Downside: +7.1%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.01
• Trailing P/E Ratio: 259.48
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$950.17 thousand
• Net Margins: 11.38%
• Pretax Margin: N/A
• Return on Equity: 1.08%
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 12.76
• Current Ratio: 8.95
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$8.35 million
• Price / Sales: 42.72
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$0.52 per share
• Price / Book: 4.06

Miscellaneous

• Outstanding Shares: 169,864,804
• Free Float: N/A
• Market Cap: C$356.72 million
• Optionable: N/A
• Beta: N/A