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 entities, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2017, it had an installed capacity of 12.2 gigawatts. The company was founded in 2007 and is based in New Delhi, India.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AZRE
CUSIPN/A
Phone91-11-4940-9800
Debt
Debt-to-Equity Ratio3.93
Current Ratio3.01
Quick Ratio3.65
Price-To-Earnings
Trailing P/E Ratio-23.94
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$118.27 million
Price / Sales3.20
Cash Flow$1.1346 per share
Price / Cash12.85
Book Value$8.64 per share
Price / Book1.69
Profitability
EPS (Most Recent Fiscal Year)($0.65)
Net Income$-12,700,000.00
Net Margins-10.64%
Return on Equity-8.00%
Return on Assets-1.56%
Miscellaneous
Employees401
Outstanding Shares25,990,000
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 results on Monday, June, 19th. The energy company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.16. The energy company had revenue of $20.32 million for the quarter, compared to analyst estimates of $21.50 million. Azure Power Global had a negative return on equity of 8.00% and a negative net margin of 10.64%. View Azure Power Global's Earnings History.
When is Azure Power Global's next earnings date?
What price target have analysts set for AZRE?
2 brokerages have issued 12 month target prices for Azure Power Global's stock. Their forecasts range from $22.00 to $24.00. On average, they anticipate Azure Power Global's share price to reach $23.00 in the next twelve months. View Analyst Ratings for Azure Power Global.
Who are some of Azure Power Global's key competitors?
Some companies that are related to Azure Power Global include Companhia Paranaense de Energia ADR Class B (ELP), TransAlta (TAC), Innergex Renewable Energy (INGXF), Datang Intl Power Generation (DIPGY), CENTRAIS ELETRI/S (EBR.B), 8Point3 Energy Partners (CAFD), Eneva (ENEVY), COMPANHIA PARAN/S (ELPVY), Sky Solar (SKYS), Biotricity (BTCY), AK Pwr & Tel Co/SH SH (APTL), Summer Energy (SUME), Ocean Power Technologies (OPTT) and Premier (PRHL).
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 & Head of Shared Service Division (Age 68)
- Mr. Surendra Kumar Gupta, Exec. VP of O&M and Head of O&M Bus. Unit (Age 65)
- Mr. Preet Sandhu, Exec. VP & Head of Infra Bus. Unit (Age 49)
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.
Has Azure Power Global been receiving favorable news coverage?
Press coverage about AZRE stock has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news 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 0.09 on Accern's scale. They also gave news headlines about the energy company an impact score of 47.02 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Azure Power Global's major shareholders?
Which major investors are buying Azure Power Global stock?
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 $14.58.
How big of a company is Azure Power Global?
Azure Power Global has a market capitalization of $415.76 million and generates $118.27 million in revenue each year. The energy company earns $-12,700,000.00 in net income (profit) each year or ($0.65) 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)
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.
