About Azure Power Global (NYSE:AZRE)
Azure 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
Trailing P/E Ratio-20.7051282051282
Forward P/E Ratio-25.63
Sales & Book Value
Annual Sales$64.50 million
Price / Sales6.51
Price / CashN/A
Book Value$8.00 per share
Price / Book2.02
Return on Equity-10.40%
Return on Assets-2.20%
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) announced its quarterly earnings data on Monday, June, 19th. The energy company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.16. The energy company earned $20.32 million during the quarter, compared to analyst estimates of $21.50 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?
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 12-month target prices for Azure Power Global's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Azure Power Global's stock 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?
Some companies that are related to Azure Power Global include California Resources (CRC), Par Pacific (PARR), Solaris Oilfield Infrastructure (SOI), Seacor (CKH), Crossamerica Partners (CAPL), Resolute Energy (REN), Delek Logistics Partners (DKL), Newpark Resources (NR), Sunrun (RUN), Contura Energy (CNTE), Archrock (AROC), SunCoke Energy (SXC), Hanwha Q Cells (HQCL), NCS Multistage (NCSM), Stone Energy (SGY), TransMontaigne Partners (TLP), Geopark (GPRK) and Calumet Specialty Products Partners, L.P (CLMT).
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 initial public offering (IPO) 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.
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 Caisse DE Depot ET Placement DU Quebec (20.94%), 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?
Who bought Azure Power Global stock? Who is buying Azure Power Global stock?
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 $16.15.
How big of a company is Azure Power Global?
Azure Power Global has a market capitalization of $419.66 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)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.
Azure Power Global (NYSE:AZRE) Earnings History and Estimates Chart
Azure Power Global (NYSE AZRE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/18/2018|| || || || || || || || |
|8/11/2017||Q1 2018||$0.12||$0.09||$28.50 million||$29.06 million||View||N/A|
|6/19/2017||3/31/2017||($0.04)||($0.20)||$21.50 million||$20.32 million||View||N/A|
|2/13/2017||Q316||($0.14)||($0.34)||$14.00 million||$13.97 million||View||N/A|
Azure Power Global (NYSE:AZRE) Earnings Estimates
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $0.04 EPS
Dividend History for Azure Power Global (NYSE:AZRE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Azure Power Global (NYSE AZRE)
No insider trades for this company have been tracked by MarketBeat.com
Azure Power Global (NYSE AZRE) News Headlines
Azure Power Global (NYSE:AZRE) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Azure Power Global (NYSE:AZRE) Income Statement, Balance Sheet and Cash Flow Statement
Azure Power Global (NYSE AZRE) Stock Chart for Sunday, February, 18, 2018