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

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

Azure Power Global Ltd (NYSE:AZRE) issued its earnings results on Tuesday, February, 12th. The energy company reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.17. The energy company earned $34.94 million during the quarter, compared to analysts' expectations of $30.70 million. Azure Power Global had a net margin of 0.24% and a return on equity of 0.81%. View Azure Power Global's Earnings History.

Azure Power Global is scheduled to release their next quarterly earnings announcement on Friday, June 21st 2019. View Earnings Estimates for Azure Power Global.

Azure Power Global updated its FY 2020 earnings guidance on Tuesday, February, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $184-192 million, compared to the consensus revenue estimate of $202.51 million.Azure Power Global also updated its FY 2019 guidance to EPS.

5 equities research analysts have issued 1 year target prices for Azure Power Global's shares. Their predictions range from $13.00 to $31.00. On average, they expect Azure Power Global's share price to reach $22.00 in the next year. This suggests a possible upside of 100.9% from the stock's current price. View Analyst Price Targets for Azure Power Global.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Azure Power Global in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Azure Power Global.

News articles about AZRE stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. 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 1.7 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Some companies that are related to Azure Power Global include TransAlta (TAC), CENT PUERTO S A/S (CEPU), ENEVA S A/S (ENEVY), Innergex Renewable Energy (INGXF), COMPANHIA PARAN/S (ELPVY), Empresa Distribuidora y Cmrz Nrt (EDN), Kenon (KEN), Datang Intl Power Generation (DIPGY), AK PWR & TEL CO/SH SH (APTL), Summer Energy (SUME), Biotricity (BTCY), Premier (PRHL), Ocean Power Technologies (OPTT), 8Point3 Energy Partners (CAFD) and Clearway Energy Inc Class C (NYLD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Azure Power Global investors own include Rapid7 (RPD), Canadian Solar (CSIQ), Canopy Growth (CGC), NextEra Energy (NEE), BorgWarner (BWA), L Brands (LB), Welltower (WELL), JD.Com (JD), Allena Pharmaceuticals (ALNA) and Athersys (ATHX).

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

Azure Power Global's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (1.93%), Perella Weinberg Partners Capital Management LP (1.34%), Millennium Management LLC (0.81%), Kayne Anderson Capital Advisors LP (0.19%), Essex Investment Management Co. LLC (0.08%) and Two Sigma Investments LP (0.04%).

AZRE stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP and Essex Investment Management Co. LLC.

AZRE stock was purchased by a variety of institutional investors in the last quarter, including Perella Weinberg Partners Capital Management LP, Millennium Management LLC, Handelsbanken Fonder AB, Kayne Anderson Capital Advisors LP and Zurcher Kantonalbank Zurich Cantonalbank.

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.

One share of AZRE stock can currently be purchased for approximately $10.95.

Azure Power Global has a market capitalization of $446.98 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.

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

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]