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

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$8.91 +0.05 (+0.56 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$8.91
Today's Range$8.7550 - $9.0099
52-Week Range$8.25 - $17.18
Volume6,446 shs
Average Volume14,676 shs
Market Capitalization$361.69 million
P/E Ratio-13.71
Dividend YieldN/A
Beta1.77
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 energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2018, the company had a portfolio capacity of approximately 1,871 megawatts. Azure Power Global Limited was founded in 2007 and is based in New Delhi, India.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone91-11-4940-9800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$118.27 million
Cash Flow$1.2514 per share
Book Value$7.84 per share

Profitability

Net Income$-12,600,000.00

Miscellaneous

Employees539
Market Cap$361.69 million
OptionableNot Optionable

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 Tuesday, November, 13th. The energy company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.07. The energy company had revenue of $30.68 million for the quarter, compared to analyst estimates of $33 million. Azure Power Global had a negative return on equity of 1.73% and a negative net margin of 1.97%. View Azure Power Global's Earnings History.

When is Azure Power Global's next earnings date?

Azure Power Global is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Azure Power Global.

What guidance has Azure Power Global issued on next quarter's earnings?

Azure Power Global updated its FY 2018 earnings guidance on Tuesday, November, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $143-151 million, compared to the consensus revenue estimate of $141.08 million.

What price target have analysts set for AZRE?

5 analysts have issued 12 month price objectives for Azure Power Global's shares. Their predictions range from $12.00 to $31.00. On average, they expect Azure Power Global's stock price to reach $21.6667 in the next year. This suggests a possible upside of 143.2% from the stock's current price. View Analyst Price Targets for Azure Power Global.

What is the consensus analysts' recommendation 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.

Has Azure Power Global been receiving favorable news coverage?

Media headlines about AZRE stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Azure Power Global earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.

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:
  • Mr. Inderpreet Singh Wadhwa, Founder, Chairman & CEO (Age 45)
  • Mr. Sushil Bhagat, Chief Financial Officer (Age 55)
  • Mr. Harkanwal Singh Wadhwa, COO & Director (Age 73)
  • Mr. Mohor Sen, Chief Admin. Officer (Age 68)
  • Mr. Surendra Kumar Gupta, Exec. VP of O&M (Age 65)

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 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.

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 $8.91.

How big of a company is Azure Power Global?

Azure Power Global has a market capitalization of $361.69 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.

What is Azure Power Global's official website?

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

How can I contact Azure Power Global?

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]


MarketBeat Community Rating for Azure Power Global (NYSE AZRE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  259
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.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

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