NYSE:AZRE - Azure Power Global Stock Price, News, & Analysis

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$15.55 -0.36 (-2.26 %)
(As of 08/20/2018 02:38 AM ET)
Previous Close$15.55
Today's Range$15.52 - $16.21
52-Week Range$12.53 - $18.10
Volume4,817 shs
Average Volume33,418 shs
Market Capitalization$418.81 million
P/E Ratio-23.92
Dividend YieldN/A
Beta2.02
Azure Power Global logoAzure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2018, the company had a portfolio capacity of approximately 1,871 megawatts. Azure Power Global Limited was founded in 2007 and is based in New Delhi, India.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AZRE
CUSIPN/A
Phone91-11-4940-9800

Debt

Debt-to-Equity Ratio4.43
Current Ratio3.81
Quick Ratio3.81

Price-To-Earnings

Trailing P/E Ratio-23.92
Forward P/E Ratio-129.58
P/E GrowthN/A

Sales & Book Value

Annual Sales$118.27 million
Price / Sales3.42
Cash Flow$1.2017 per share
Price / Cash12.94
Book Value$7.84 per share
Price / Book1.98

Profitability

EPS (Most Recent Fiscal Year)($0.65)
Net Income$-12,600,000.00
Net Margins-11.97%
Return on Equity-9.47%
Return on Assets-1.68%

Miscellaneous

Employees539
Outstanding Shares26,000,000
Market Cap$418.81 million

Azure Power Global (NYSE:AZRE) Frequently Asked Questions

What is Azure Power Global's stock symbol?

Azure Power Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZRE."

How were Azure Power Global's earnings last quarter?

Azure Power Global Ltd (NYSE:AZRE) issued its quarterly earnings results on Friday, June, 15th. The energy company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.08. The energy company earned $34.70 million during the quarter, compared to analyst estimates of $33.80 million. Azure Power Global had a negative net margin of 11.97% and a negative return on equity of 9.47%. View Azure Power Global's Earnings History.

When is Azure Power Global's next earnings date?

Azure Power Global is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Azure Power Global.

What price target have analysts set for AZRE?

4 Wall Street analysts have issued twelve-month target prices for Azure Power Global's stock. Their predictions range from $22.00 to $26.00. On average, they expect Azure Power Global's share price to reach $24.00 in the next year. This suggests a possible upside of 54.3% from the stock's current price. View Analyst Price Targets for Azure Power Global.

What is the consensus analysts' recommendation for Azure Power Global?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Azure Power Global in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Azure Power Global.

Who are some of Azure Power Global's key competitors?

Who are Azure Power Global's key executives?

Azure Power Global's management team includes the folowing people:
  • Mr. Inderpreet Singh Wadhwa, Founder, Chairman & CEO (Age 45)
  • Mr. Harkanwal Singh Wadhwa, COO & Director (Age 73)
  • Mr. Mohor Sen, Chief Admin. Officer (Age 68)
  • Mr. Surendra Kumar Gupta, Exec. VP of O&M (Age 65)
  • Mr. Preet Sandhu, Exec. VP of Infra (Age 49)

When did Azure Power Global IPO?

(AZRE) raised $150 million in an initial public offering (IPO) on Wednesday, October 12th 2016. The company issued 6,800,000 shares at a price of $21.00-$23.00 per share. Barclays and Credit Suisse served as the underwriters for the IPO and Roth Capital Partners was co-manager.

Has Azure Power Global been receiving favorable news coverage?

Media coverage about AZRE stock has trended somewhat positive this week, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Azure Power Global earned a coverage optimism score of 0.20 on Accern's scale. They also assigned news stories about the energy company an impact score of 48.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Azure Power Global.

Who are Azure Power Global's major shareholders?

Azure Power Global's stock is owned by many different of institutional and retail investors. Top institutional investors include Caisse DE Depot ET Placement DU Quebec (32.48%), Foundation Capital LLC (1.93%), Perella Weinberg Partners Capital Management LP (0.50%), Millennium Management LLC (0.18%), Renaissance Technologies LLC (0.17%) and Sei Investments Co. (0.08%).

Which institutional investors are selling Azure Power Global stock?

AZRE stock was sold by a variety of institutional investors in the last quarter, including Foundation Capital LLC, Sei Investments Co. and Millennium Management LLC.

Which institutional investors are buying Azure Power Global stock?

AZRE stock was acquired by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Perella Weinberg Partners Capital Management LP and Renaissance Technologies LLC.

How do I buy shares of Azure Power Global?

Shares of AZRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Azure Power Global's stock price today?

One share of AZRE stock can currently be purchased for approximately $15.55.

How big of a company is Azure Power Global?

Azure Power Global has a market capitalization of $418.81 million and generates $118.27 million in revenue each year. The energy company earns $-12,600,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. Azure Power Global employs 539 workers across the globe.

How can I contact Azure Power Global?

Azure Power Global's mailing address is 3RD FLOOR WORLDMARK 3 AEROCITY, NEW DELHI K7, 00000. The energy company can be reached via phone at 91-11-4940-9800 or via email at [email protected]


MarketBeat Community Rating for Azure Power Global (NYSE AZRE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  228
MarketBeat's community ratings are surveys of what our community members think about Azure Power Global and other stocks. Vote "Outperform" if you believe AZRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AZRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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