AZRE - Azure Power Global Stock Price, News & Analysis

$14.75 0.05 (0.34 %)
(As of 11/23/2017 03:22 PM ET)
Previous Close$14.70
Today's Range$14.71 - $14.82
52-Week Range$14.20 - $22.00
Volume4,000 shs
Average Volume13,726 shs
Market Capitalization$381.98 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Azure Power Global (NYSE:AZRE)

Azure Power Global logoAzure Power Global Limited is an India-based power producer. The Company sells solar power in India on long term fixed price contracts to its customers. The Company is also developing micro-grid applications for the highly fragmented and underserved electricity market in India. The Company operates approximately 20 utility scale projects and several commercial rooftop projects with a combined rated capacity of approximately 240 megawatts. The Company's services include design, engineering and construction of grid integrated solar installations; off grid solar installations for villages, hamlets and remote areas; turnkey solar installations for commercial and residential complexes on roof tops, as back up and alternate source, and operation and maintenance of solar installations. The Company's projects include Project Punjab, Rajasthan Projects, Gandhinagar Smart City Rooftop Project and Micro-Grids in Bihar and Uttar Pradesh.


Industry, Sector and Symbol

Industry Renewable Utilities
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AZRE
CUSIPN/A

Debt

Debt-to-Equity Ratio3.77%
Current Ratio3.40%
Quick Ratio3.40%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$64.50 million
Price / Sales5.94
Cash FlowN/A
Price / CashN/A
Book Value$7.80 per share
Price / Book1.89

Dividend

Annual DividendN/A
Dividend YieldN/A

Profitability

Trailing EPS($1.09)
Net Income$-18,080,000.00
Net Margins-29.67%
Return on Equity-12.48%
Return on Assets-2.96%

Miscellaneous

Employees401
Outstanding Shares25,990,000

Frequently Asked Questions for Azure Power Global (NYSE:AZRE)

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 results on Monday, June, 19th. The energy company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.16. The energy company had revenue of $20.32 million for the quarter, compared to the consensus estimate of $21.50 million. Azure Power Global had a negative net margin of 29.67% and a negative return on equity of 12.48%. View Azure Power Global's Earnings History.

When will Azure Power Global make its next earnings announcement?

Azure Power Global is scheduled to release their next quarterly earnings announcement on Monday, February, 12th 2018. View Earnings Estimates for Azure Power Global.

Where is Azure Power Global's stock going? Where will Azure Power Global's stock price be in 2017?

3 analysts have issued twelve-month price targets for Azure Power Global's stock. Their forecasts range from $21.00 to $23.00. On average, they expect Azure Power Global's stock price to reach $22.00 in the next year. 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:

  • Inderpreet Singh Wadhwa, Chief Executive Officer, Director (Age 43)
  • Surendra Kumar Gupta, Chief Financial Officer (Age 63)
  • Harkanwal Singh Wadhwa, Chief Operating Officer, Director (Age 71)
  • Glen Minyard, Senior Vice President - Research & Development (Age 61)
  • Preet Sandhu, Senior Vice President - Construction (Age 47)
  • Mohor Sen, Senior Vice President - Human Resources (Age 66)
  • Sandeep Chopra, Strategy and Supply Chain Management Head (Age 43)
  • Sanjeev Aggarwal, Director (Age 56)
  • William B. Elmore, Director (Age 63)
  • Arno Harris, Director (Age 47)

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 a price of $21.00-$23.00 per share. Barclays and Credit Suisse acted as the underwriters for the IPO and Roth Capital Partners was co-manager.

Who owns Azure Power Global stock?

Azure Power Global's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Foundation Capital LLC (13.77%), Cohen & Steers Inc. (1.75%) and Essex Investment Management Co. LLC (0.77%). View Institutional Ownership Trends for Azure Power Global.

Who sold Azure Power Global stock? Who is selling Azure Power Global stock?

Azure Power Global's stock was sold by a variety of institutional investors in the last quarter, including Foundation Capital LLC and Essex Investment Management Co. LLC. View Insider Buying and Selling for Azure Power Global.

Who bought Azure Power Global stock? Who is buying Azure Power Global stock?

Azure Power Global's stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc.. View Insider Buying and Selling for Azure Power Global.

How do I buy Azure Power Global stock?

Shares of Azure Power Global 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 Azure Power Global stock can currently be purchased for approximately $14.75.

How big of a company is Azure Power Global?

Azure Power Global has a market capitalization of $381.98 million and generates $64.50 million in revenue each year. The energy company earns $-18,080,000.00 in net income (profit) each year or ($1.09) on an earnings per share basis. Azure Power Global employs 401 workers across the globe.

How can I contact Azure Power Global?

Azure Power Global's mailing address is 8 LOCAL SHOPPING COMPLEX PUSHP VIHAR MADANGIR, NEW DELHI K7, 00000. The energy company can be reached via phone at 91-11-4940-9800.


MarketBeat Community Rating for Azure Power Global (AZRE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  135
MarketBeat's community ratings are surveys of what our community members think about Azure Power Global and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Azure Power Global (NYSE:AZRE)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.00 (49.15% upside)

Consensus Price Target History for Azure Power Global (NYSE:AZRE)

Price Target History for Azure Power Global (NYSE:AZRE)

Analysts' Ratings History for Azure Power Global (NYSE:AZRE)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/20/2017Roth CapitalSet Price TargetBuy$22.00LowView Rating Details
12/1/2016Barclays PLCInitiated CoverageOverweight$23.00N/AView Rating Details
11/24/2016Credit Suisse GroupSet Price TargetBuy$21.00N/AView Rating Details
(Data available from 11/23/2015 forward)

Earnings

Earnings History and Estimates Chart for Azure Power Global (NYSE:AZRE)

Earnings by Quarter for Azure Power Global (NYSE:AZRE)

Earnings History by Quarter for Azure Power Global (NYSE AZRE)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/12/2018        
8/11/2017Q1 2018$0.12$0.09$28.50 million$29.06 millionViewN/AView Earnings Details
6/19/20173/31/2017($0.04)($0.20)$21.50 million$20.32 millionViewN/AView Earnings Details
2/13/2017Q316($0.14)($0.34)$14.00 million$13.97 millionViewN/AView Earnings Details
11/22/2016Q216($0.11)($1.94)$13.44 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Azure Power Global (NYSE:AZRE)
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $0.3 EPS

Dividends

Dividend History for Azure Power Global (NYSE:AZRE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Azure Power Global (NYSE AZRE)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Azure Power Global (NYSE AZRE)

Source:
DateHeadline
 Azure Power Global Ltd. (AZRE) Given $22.50 Consensus Target Price by Analysts Azure Power Global Ltd. (AZRE) Given $22.50 Consensus Target Price by Analysts
www.americanbankingnews.com - November 16 at 9:52 PM
Azure Power Global Ltd. – Value Analysis (NYSE:AZRE) : November 14, 2017Azure Power Global Ltd. – Value Analysis (NYSE:AZRE) : November 14, 2017
finance.yahoo.com - November 14 at 4:48 PM
Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : November 13, 2017Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : November 13, 2017
finance.yahoo.com - November 14 at 1:48 AM
Azure Power | New York Stock Exchange (Photo: Business Wire)Azure Power | New York Stock Exchange (Photo: Business Wire)
www.thestreet.com - November 10 at 9:23 AM
BRIEF-Azure posts Q2 net loss $0.64‍ /shr attributable to stockholdersBRIEF-Azure posts Q2 net loss $0.64‍ /shr attributable to stockholders
www.reuters.com - November 10 at 9:23 AM
Azure M-Power Forays Into Rural Electrification Through Mini and Micro GridsAzure M-Power Forays Into Rural Electrification Through Mini and Micro Grids
finance.yahoo.com - November 10 at 9:23 AM
Azure Power Announces Results for Fiscal Second Quarter 2018Azure Power Announces Results for Fiscal Second Quarter 2018
finance.yahoo.com - November 9 at 8:41 PM
Azure Power Global Ltd. (AZRE) Cut to "Sell" at Zacks Investment ResearchAzure Power Global Ltd. (AZRE) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - November 9 at 8:20 PM
BidaskClub Lowers Azure Power Global Ltd. (AZRE) to SellBidaskClub Lowers Azure Power Global Ltd. (AZRE) to Sell
www.americanbankingnews.com - November 6 at 12:12 AM
Azure Power Global Ltd. (AZRE) Set to Announce Quarterly Earnings on ThursdayAzure Power Global Ltd. (AZRE) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - November 4 at 9:40 AM
Azure Power to Announce Results for Fiscal Second Quarter 2018 Ended September 30, 2017 after the Market Closes on November 9, 2017Azure Power to Announce Results for Fiscal Second Quarter 2018 Ended September 30, 2017 after the Market Closes on November 9, 2017
finance.yahoo.com - November 3 at 4:49 PM
Tax Dispute Stalls India Solar Panel Cargoes, Delaying ProjectsTax Dispute Stalls India Solar Panel Cargoes, Delaying Projects
www.bloomberg.com - November 2 at 9:57 PM
Dr R.P. Singh Joins Azure Power’s Board of DirectorsDr R.P. Singh Joins Azure Power’s Board of Directors
finance.yahoo.com - October 26 at 9:47 AM
Sushil Bhagat, Chief Financial Officer, Azure PowerSushil Bhagat, Chief Financial Officer, Azure Power
www.thestreet.com - October 25 at 5:34 PM
Sushil Bhagat Joins as Chief Financial Officer of Azure PowerSushil Bhagat Joins as Chief Financial Officer of Azure Power
finance.yahoo.com - October 25 at 5:34 PM
Azure Power Global Ltd. (AZRE) Upgraded to Hold at BidaskClubAzure Power Global Ltd. (AZRE) Upgraded to Hold at BidaskClub
www.americanbankingnews.com - October 22 at 10:26 PM
Azure Power Global Ltd. breached its 50 day moving average in a Bullish Manner : AZRE-US : October 19, 2017Azure Power Global Ltd. breached its 50 day moving average in a Bullish Manner : AZRE-US : October 19, 2017
finance.yahoo.com - October 19 at 4:56 PM
Azure Power Global Ltd. (AZRE) Upgraded to Hold by Zacks Investment ResearchAzure Power Global Ltd. (AZRE) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - October 18 at 7:40 PM
BRIEF-Azure Power wins 250 MW solar power project with AAA rated NTPCBRIEF-Azure Power wins 250 MW solar power project with AAA rated NTPC
www.reuters.com - October 16 at 5:09 PM
Azure Power Solar Power Plant (Photo: Business Wire)Azure Power Solar Power Plant (Photo: Business Wire)
www.thestreet.com - October 16 at 5:09 PM
Azure Power Wins 250 MW Solar Power Project with AAA Rated NTPCAzure Power Wins 250 MW Solar Power Project with AAA Rated NTPC
finance.yahoo.com - October 16 at 5:09 PM
Informatica to Accelerate Microsoft Azure Customer DeploymentsInformatica to Accelerate Microsoft Azure Customer Deployments
globenewswire.com - October 11 at 5:49 PM
Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : October 5, 2017Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : October 5, 2017
finance.yahoo.com - October 5 at 2:23 PM
Azure Roof Power Project (Photo: Business Wire)Azure Roof Power Project (Photo: Business Wire)
www.thestreet.com - October 2 at 11:18 AM
BRIEF-Azure Power wins 260 MW solar power project in GujaratBRIEF-Azure Power wins 260 MW solar power project in Gujarat
www.reuters.com - September 28 at 4:42 PM
BRIEF-Azure Power Global says ‍commissioned final phase of 50 MW solar power plantBRIEF-Azure Power Global says ‍commissioned final phase of 50 MW solar power plant
www.reuters.com - September 22 at 3:14 PM
Azure Power Global Ltd. breached its 50 day moving average in a Bullish Manner : AZRE-US : September 22, 2017Azure Power Global Ltd. breached its 50 day moving average in a Bullish Manner : AZRE-US : September 22, 2017
finance.yahoo.com - September 22 at 12:58 PM
CORRECTING and REPLACING Azure Roof Power to Electrify Government of India Buildings Across 10 StatesCORRECTING and REPLACING Azure Roof Power to Electrify Government of India Buildings Across 10 States
finance.yahoo.com - September 15 at 4:43 PM
CORRECTING and REPLACING Azure Roof Power to Electrify Government of India Buildings Across 10 StatesCORRECTING and REPLACING Azure Roof Power to Electrify Government of India Buildings Across 10 States
finance.yahoo.com - September 15 at 4:43 PM
Why Azure Power Global (AZRE) Could Be Positioned for a SlumpWhy Azure Power Global (AZRE) Could Be Positioned for a Slump
finance.yahoo.com - September 13 at 5:32 PM
Azure Power Global Ltd. :AZRE-US: Earnings Analysis: Q1, 2018 By the Numbers : September 8, 2017Azure Power Global Ltd. :AZRE-US: Earnings Analysis: Q1, 2018 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 9:44 PM
Contrasting Azure Power Global (AZRE) and TransAlta (TAC)Contrasting Azure Power Global (AZRE) and TransAlta (TAC)
www.americanbankingnews.com - September 8 at 8:29 PM
Azure Power Global Ltd. (AZRE) PT Set at $22.00 by Roth CapitalAzure Power Global Ltd. (AZRE) PT Set at $22.00 by Roth Capital
www.americanbankingnews.com - August 21 at 6:02 PM
Azure Power Global Limited to Hold 2017 Annual General Meeting on September 25, 2017Azure Power Global Limited to Hold 2017 Annual General Meeting on September 25, 2017
finance.yahoo.com - August 15 at 5:14 PM
Analyzing Azure Power Global (NYSE:AZRE) & TransAlta Corporation (TAC)Analyzing Azure Power Global (NYSE:AZRE) & TransAlta Corporation (TAC)
www.americanbankingnews.com - August 13 at 10:40 AM
Azure Power Global Ltd. (AZRE) Posts Quarterly  Earnings Results, Misses Expectations By $0.03 EPSAzure Power Global Ltd. (AZRE) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - August 12 at 11:40 AM
Azure Power Announces Results for Fiscal First Quarter 2018Azure Power Announces Results for Fiscal First Quarter 2018
finance.yahoo.com - August 11 at 4:45 PM
Azure Power Global Ltd. (NYSE:AZRE) Scheduled to Post Quarterly Earnings on FridayAzure Power Global Ltd. (NYSE:AZRE) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - August 10 at 12:20 PM
 Azure Power Global Ltd. (NYSE:AZRE) Given $22.50 Average Target Price by Brokerages Azure Power Global Ltd. (NYSE:AZRE) Given $22.50 Average Target Price by Brokerages
www.americanbankingnews.com - August 9 at 6:46 PM
Azure Power to Announce Results for Fiscal First Quarter 2018 Ended June 30, 2017 after the Market Closes on August 11, 2017Azure Power to Announce Results for Fiscal First Quarter 2018 Ended June 30, 2017 after the Market Closes on August 11, 2017
finance.yahoo.com - August 9 at 4:31 PM
TerraForm Global (GLBL) versus Azure Power Global (AZRE) Critical ReviewTerraForm Global (GLBL) versus Azure Power Global (AZRE) Critical Review
www.americanbankingnews.com - August 5 at 8:38 PM
Contrasting Azure Power Global (NYSE:AZRE) and Comp En De Mn Cemig ADS (CIG)Contrasting Azure Power Global (NYSE:AZRE) and Comp En De Mn Cemig ADS (CIG)
www.americanbankingnews.com - July 30 at 7:27 AM
Azure Power to Issue India’s First Solar Green BondAzure Power to Issue India’s First Solar Green Bond
finance.yahoo.com - July 28 at 5:41 PM
Azure Power Assigned Highest Accreditation Rating by ICRAAzure Power Assigned Highest Accreditation Rating by ICRA
finance.yahoo.com - July 27 at 4:43 PM
 Azure Power Global Ltd. (NYSE:AZRE) Receives Average Recommendation of "Strong Buy" from Analysts Azure Power Global Ltd. (NYSE:AZRE) Receives Average Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - July 24 at 4:54 PM
Azure Power Files Fiscal Year 2017 Annual Report on Form 20-FAzure Power Files Fiscal Year 2017 Annual Report on Form 20-F
finance.yahoo.com - July 24 at 12:43 PM
 Azure Power Global Ltd. (NYSE:AZRE) Given Consensus Rating of "Strong Buy" by Analysts Azure Power Global Ltd. (NYSE:AZRE) Given Consensus Rating of "Strong Buy" by Analysts
www.americanbankingnews.com - July 21 at 8:22 PM
Analyzing Azure Power Global (NYSE:AZRE) & NextEra Energy (NEE)Analyzing Azure Power Global (NYSE:AZRE) & NextEra Energy (NEE)
www.americanbankingnews.com - July 20 at 10:16 PM
Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : July 20, 2017Azure Power Global Ltd. breached its 50 day moving average in a Bearish Manner : AZRE-US : July 20, 2017
finance.yahoo.com - July 20 at 5:48 PM
NextEra Energy (NEE) versus Azure Power Global (NYSE:AZRE) Head-To-Head ReviewNextEra Energy (NEE) versus Azure Power Global (NYSE:AZRE) Head-To-Head Review
www.americanbankingnews.com - July 20 at 5:21 PM

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Financials

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Chart

Azure Power Global (NYSE AZRE) Chart for Thursday, November, 23, 2017
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This page was last updated on 11/23/2017 by MarketBeat.com Staff

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