Boralex (BLX) Stock Price, News & Analysis

Company Overview

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power. The company generates the vast majority of its revenue from the sale of energy through long-term contracts to customers in Canada, France, and the United States. Boralex's wind and hydroelectric power stations, located in Canada and France, account for most of this revenue. The company's facilities in Canada and France are also responsible for most of the company's total power production.

Key Stats

• Today's Range: C$37.24 to C$37.25
• 50-Day Range: C$37.00 to C$37.24
• 52-Week Range: C$23.48 to C$37.25
• Volume: 940,177 shs
• Average Volume: 683,548 shs
• Market Capitalization: C$3.83 billion
• P/E Ratio: N/A
• Dividend Yield: 1.77%
• Price Target: C$38.39
• Consensus Rating: Moderate Buy

Boralex Stock Analysis - MarketRank™

Boralex scored higher than 4% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Boralex has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 2 buy ratings, 2 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Boralex is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Boralex has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Boralex is -120.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boralex is -120.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Boralex has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Boralex has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BLX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Boralex pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boralex does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 3 people have searched for BLX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boralex insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.16% of the stock of Boralex is held by insiders.

Percentage Held by Institutions

31.31% of the stock of Boralex is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Renewable Electricity
• Current Symbol: TSE:BLX
• CIK: N/A
• Web: www.boralex.com
• Phone: +1-819-3636363
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Boralex: C$38.39
• High Price Target: C$43.00
• Low Price Target: C$36.00
• Potential Upside/Downside: +3.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.31)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 27.82
• P/E Growth: 2.01
• Net Income: C$71.91 million
• Net Margins: -3.56%
• Pretax Margin: N/A
• Return on Equity: -2.08%
• Return on Assets: 2.54%

Debt

• Debt-to-Equity Ratio: 309.98
• Current Ratio: 1.24
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: C$898 million
• Price / Sales: 4.26
• Cash Flow: C$5.85 per share
• Price / Cash Flow: 6.36
• Book Value: C$19.33 per share
• Price / Book: 1.93

Miscellaneous

• Outstanding Shares: 102,755,000
• Free Float: N/A
• Market Cap: C$3.83 billion
• Optionable: Not Optionable
• Beta: 0.22