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Azure Power Global Stock Price, Forecast & Analysis (NYSE:AZRE)

$13.27
-0.03 (-0.23 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$12.56
Now: $13.27
$13.31
50-Day Range
$11.24
MA: $12.37
$13.27
52-Week Range
$8.25
Now: $13.27
$13.38
Volume20,526 shs
Average Volume12,578 shs
Market Capitalization$544.48 million
P/E Ratio102.05
Dividend YieldN/A
Beta1.32
Azure 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. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone91-11-4940-9800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$143.52 million
Cash Flow$1.33 per share
Book Value$8.95 per share

Profitability

Net Income$1.13 million

Miscellaneous

Employees539
Market Cap$544.48 million
Next Earnings Date2/11/2020 (Estimated)
OptionableNot Optionable

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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) posted its quarterly earnings data on Monday, June, 10th. The energy company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.01. The energy company had revenue of $41.17 million for the quarter, compared to analyst estimates of $41.80 million. Azure Power Global had a return on equity of 1.86% and a net margin of 1.67%. 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 Tuesday, February 11th 2020. View Earnings Estimates for Azure Power Global.

What price target have analysts set for AZRE?

4 brokers have issued 12 month price objectives for Azure Power Global's stock. Their forecasts range from $19.00 to $26.00. On average, they expect Azure Power Global's stock price to reach $22.33 in the next year. This suggests a possible upside of 68.3% 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.

Has Azure Power Global been receiving favorable news coverage?

Media coverage about AZRE stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Azure Power Global earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Azure Power Global.

Are investors shorting Azure Power Global?

Azure Power Global saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 7,200 shares, an increase of 89.5% from the September 30th total of 3,800 shares. Based on an average daily volume of 15,700 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are short sold. View Azure Power Global's Current Options Chain.

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

What other stocks do shareholders of Azure Power Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Azure Power Global investors own include Canadian Solar (CSIQ), Ascent Solar Technologies (ASTI), LightPath Technologies (LPTH), Rapid7 (RPD), Sky Solar (SKYS), Canopy Growth (CGC), Daqo New Energy (DQ), Enterprise Products Partners (EPD), Enphase Energy (ENPH) and JD.Com (JD).

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 46)
  • Mr. Harkanwal Singh Wadhwa, COO & Director (Age 74)
  • Mr. Sushil Bhagat, Chief Financial Officer (Age 56)
  • Mr. Surendra Kumar Gupta, Exec. VP of Corp. Fin., IT & Operations (Age 66)
  • Mr. Preet Sandhu, Exec. VP of Infra (Age 50)

When did Azure Power Global IPO?

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

Who are Azure Power Global's major shareholders?

Azure Power Global's stock is owned by a number of of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (0.18%) and Cerity Partners LLC (0.04%).

Which major investors are selling Azure Power Global stock?

AZRE stock was sold by a variety of institutional investors in the last quarter, including Cerity Partners LLC.

Which major investors are buying Azure Power Global stock?

AZRE stock was acquired by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP.

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, Robinhood, Fidelity and Charles Schwab.

What is Azure Power Global's stock price today?

One share of AZRE stock can currently be purchased for approximately $13.27.

How big of a company is Azure Power Global?

Azure Power Global has a market capitalization of $544.48 million and generates $143.52 million in revenue each year. The energy company earns $1.13 million in net income (profit) each year or $0.13 on an earnings per share basis. Azure Power Global employs 539 workers across the globe.View Additional Information About Azure Power Global.

What is Azure Power Global's official website?

The official website for Azure Power Global is http://www.azurepower.com/.

How can I contact Azure Power Global?

Azure Power Global's mailing address is 3RD FLOOR WORLDMARK 3 AEROCITY, NEW DELHI K7, 110037. 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:  2.6 out of 5 (star star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  358
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 11/16/2019 by MarketBeat.com Staff

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