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

$16.19 -0.02 (-0.12 %)
(As of 02/25/2018 06:55 AM ET)
Previous Close$16.19
Today's Range$16.19 - $16.36
52-Week Range$12.53 - $22.00
Volume1,487 shs
Average Volume5,923 shs
Market Capitalization$420.70 million
P/E RatioN/A
Dividend YieldN/A
Beta2.07

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.

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Industry, Sector and Symbol

Industry Renewable Utilities
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AZRE
CUSIPN/A
Phone91-11-4940-9800

Debt

Debt-to-Equity Ratio3.90%
Current Ratio3.65%
Quick Ratio3.65%

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 / Sales6.52
Cash FlowN/A
Price / CashN/A
Book Value$8.00 per share
Price / Book2.02

Profitability

Trailing EPS($0.78)
Net Income$-18,080,000.00
Net Margins-19.14%
Return on Equity-10.40%
Return on Assets-2.20%

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) released its quarterly earnings data on Thursday, February, 8th. The energy company reported ($0.12) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.03. The energy company had revenue of $27.26 million for the quarter, compared to analysts' expectations of $29.90 million. Azure Power Global had a negative net margin of 19.14% and a negative return on equity of 10.40%. 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, June, 18th 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 2018?

1 equities research analysts have issued twelve-month price objectives for Azure Power Global's shares. Their forecasts range from $22.00 to $22.00. On average, they expect Azure Power Global's share price to reach $22.00 in the next twelve months. 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 $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 owns Azure Power Global stock?

Azure Power Global's stock is owned by many different of retail and institutional investors. Top institutional investors include Caisse DE Depot ET Placement DU Quebec (20.94%), Handelsbanken Fonder AB (0.91%), Millennium Management LLC (0.20%), Essex Investment Management Co. LLC (0.17%) and Renaissance Technologies LLC (0.11%). 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 Essex Investment Management Co. LLC and Millennium Management 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 Handelsbanken Fonder AB, Caisse DE Depot ET Placement DU Quebec and Renaissance Technologies LLC. 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 $16.19.

How big of a company is Azure Power Global?

Azure Power Global has a market capitalization of $420.70 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 ($0.78) 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:  2.4 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  167
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

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

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $22.00$22.00$22.50$22.00
Price Target Upside: 41.94% upside41.94% upside45.16% upside41.94% upside

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

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

Azure Power Global (NYSE:AZRE) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/20/2017Roth CapitalSet Price TargetBuy$22.00LowView Rating Details
12/1/2016BarclaysInitiated CoverageOverweight$23.00N/AView Rating Details
11/24/2016Credit Suisse GroupSet Price TargetBuy$21.00N/AView Rating Details
(Data available from 2/25/2016 forward)

Earnings

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

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

Azure Power Global (NYSE AZRE) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/18/2018        
2/8/2018Q3 2018($0.15)($0.12)$29.90 million$27.26 millionViewN/AView Earnings Details
11/9/2017Q2 2018($0.95)($0.64)$26.60 million$27.93 millionViewN/AView Earnings Details
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
9/22/2016Q1 2017($3.00)$15.13 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Azure Power Global (NYSE:AZRE) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $0.04 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

Azure Power Global (NYSE AZRE) News Headlines

Source:
DateHeadline
 Analysts Set $22.00 Price Target for Azure Power Global Ltd (AZRE) Analysts Set $22.00 Price Target for Azure Power Global Ltd (AZRE)
www.americanbankingnews.com - February 16 at 9:28 PM
Azure Power Global (AZRE) Lowered to Sell at Zacks Investment ResearchAzure Power Global (AZRE) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - February 14 at 6:00 PM
Zacks: Azure Power Global Ltd (AZRE) Given Consensus Recommendation of "Strong Buy" by AnalystsZacks: Azure Power Global Ltd (AZRE) Given Consensus Recommendation of "Strong Buy" by Analysts
www.americanbankingnews.com - February 13 at 1:44 PM
Azure Power Global Ltd. to Host Earnings CallAzure Power Global Ltd. to Host Earnings Call
finance.yahoo.com - February 9 at 9:05 AM
Azure Power Announces Results for Fiscal Third Quarter 2018Azure Power Announces Results for Fiscal Third Quarter 2018
finance.yahoo.com - February 9 at 9:05 AM
Azure Power Global (AZRE) to Release Quarterly Earnings on ThursdayAzure Power Global (AZRE) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - February 5 at 8:32 PM
Dipti Swain Joins Azure Power as General CounselDipti Swain Joins Azure Power as General Counsel
finance.yahoo.com - January 31 at 9:14 AM
Wired News – Azure Power Global to Expand Electrification to 152 Schools Across Six States in IndiaWired News – Azure Power Global to Expand Electrification to 152 Schools Across Six States in India
finance.yahoo.com - January 30 at 9:23 AM
 Azure Power Global Ltd (AZRE) Receives Average Rating of "Strong Buy" from Brokerages Azure Power Global Ltd (AZRE) Receives Average Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - January 26 at 11:06 AM
Azure Roof Power to Electrify 152 Schools under Ministry of Human Resource Development Across Six StatesAzure Roof Power to Electrify 152 Schools under Ministry of Human Resource Development Across Six States
finance.yahoo.com - January 26 at 9:06 AM
BRIEF-Azure Roof Power To Electrify Government Buildings Of Udaipur Smart CityBRIEF-Azure Roof Power To Electrify Government Buildings Of Udaipur Smart City
www.reuters.com - January 25 at 9:00 AM
Azure Roof Power to Electrify Government Buildings of Udaipur Smart CityAzure Roof Power to Electrify Government Buildings of Udaipur Smart City
finance.yahoo.com - January 24 at 4:54 PM
 Brokerages Set $22.00 Target Price for Azure Power Global Ltd (AZRE) Brokerages Set $22.00 Target Price for Azure Power Global Ltd (AZRE)
www.americanbankingnews.com - January 23 at 7:34 PM
Brokerages Expect Azure Power Global Ltd (AZRE) to Announce ($0.15) EPSBrokerages Expect Azure Power Global Ltd (AZRE) to Announce ($0.15) EPS
www.americanbankingnews.com - January 20 at 9:14 PM
Azure Power Commissions 100 MW NTPC Solar Project in TelanganaAzure Power Commissions 100 MW NTPC Solar Project in Telangana
finance.yahoo.com - January 12 at 10:44 AM
Azure Power Global (AZRE) Cut to "Hold" at Zacks Investment ResearchAzure Power Global (AZRE) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - January 10 at 6:00 PM
Azure Power Wins 200 MWs in SECI AuctionAzure Power Wins 200 MWs in SECI Auction
finance.yahoo.com - January 9 at 10:36 AM
Azure Power Global (AZRE) Upgraded at Zacks Investment ResearchAzure Power Global (AZRE) Upgraded at Zacks Investment Research
www.americanbankingnews.com - January 8 at 6:08 PM
Zacks: Azure Power Global Ltd (AZRE) Given $22.00 Average Target Price by BrokeragesZacks: Azure Power Global Ltd (AZRE) Given $22.00 Average Target Price by Brokerages
www.americanbankingnews.com - January 5 at 8:06 AM
BRIEF-Azure Power Global Files To Withdraw Form F-3 Filed With U.S. SEC On December 20BRIEF-Azure Power Global Files To Withdraw Form F-3 Filed With U.S. SEC On December 20
www.reuters.com - December 29 at 4:11 PM
Zacks: Azure Power Global Ltd (AZRE) Given Consensus Rating of "Strong Buy" by BrokeragesZacks: Azure Power Global Ltd (AZRE) Given Consensus Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - December 21 at 5:40 PM
BRIEF-Azure Power Global Files For Mixed Shelf Of Up To $150 MlnBRIEF-Azure Power Global Files For Mixed Shelf Of Up To $150 Mln
www.reuters.com - December 20 at 10:48 AM
Zacks: Brokerages Set $22.00 Price Target for Azure Power Global Ltd (AZRE)Zacks: Brokerages Set $22.00 Price Target for Azure Power Global Ltd (AZRE)
www.americanbankingnews.com - December 5 at 1:10 AM
Brokerages Anticipate Azure Power Global Ltd (AZRE) to Announce ($0.15) Earnings Per ShareBrokerages Anticipate Azure Power Global Ltd (AZRE) to Announce ($0.15) Earnings Per Share
www.americanbankingnews.com - December 1 at 4:49 AM
TomTom’s APIs to Power Microsoft Azure’s Newly Launched Location Based ServicesTomTom’s APIs to Power Microsoft Azure’s Newly Launched Location Based Services
www.businesswire.com - November 28 at 4:10 PM
 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

SEC Filings

Azure Power Global (NYSE:AZRE) SEC Filings

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Social Media

Financials

Azure Power Global (NYSE:AZRE) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Azure Power Global (NYSE AZRE) Stock Chart for Sunday, February, 25, 2018

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This page was last updated on 2/25/2018 by MarketBeat.com Staff

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