Avista's declining ROCE and increased capital employed, coupled with low shareholder returns, suggest that it may not fit the mold of a multi-bagger. The company's underlying trends may not be promising for investors seeking high returns.
Despite better EPS, the share price dropped significantly, hinting at overly high past growth expectations. The steady dividend and flat revenue don't account for this drop, suggesting the market anticipated a revenue rise. The total shareholder return last year was -16%, outperforming the share price return due to dividends.
Significant insider selling at Avista suggests shares may not be cheap. Lack of recent insider purchases and history of sales could caution potential investors. Despite profits, insider transactions don't inspire confidence.
Avista's P/E parallels other companies despite a poor growth outlook. Shareholders may be too hopeful, risking disappointment if P/E drops. Considering forecast earnings and P/E, current prices may not be justified.
The market does not exhibit optimism about the strengthening of Avista’s trends given its stock's depreciating value. Despite reinvestment into the business, returns have been waning, making it far from a strong candidate for a multi-bagger consideration.
Bullishness persists in investing in utilities amidst falling bond yields. Potential manifests in firms like Dominion Energy and Avista, with projections on earnings per share and dividends growth. Focus shifts to fundamental factors for utilities' valuation as uncertainty fears dissolve.
Avista's lower ROE and significant debt usage are concerning. High debt levels increase risk, especially when borrowing capacity could be compromised. Despite low ROE, efficient leverage use could boost returns, provided debt levels are low.
Avista Upgraded to Buy From Neutral at Mizuho Mizuho analyst Anthony Crowdell upgraded$阿維斯塔(AVA.US)$to Buy from Neutral with an unchanged price target of $44. The analyst cites valuation for the upgrade, pointing out the shares are currently trading at a 14% price-to-earnings discount to the broader electric utility group and an 8% discount to the small-cap electric utility group. Domino's Pizza Upgraded to Outperform From Market Perf...
Lowe's EPS beats by $0.03, misses on revenue $勞氏(LOW.US)$: Q4 Non-GAAP EPS of $0.94 beats by $0.03; GAAP EPS of $0.66 misses by $0.05. Revenue of $16.03B (+2.4% Y/Y) misses by $100M. Weibo EPS beats by $0.05, misses on revenue $微博(WB.US)$
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Mizuho analyst Anthony Crowdell upgraded $阿維斯塔(AVA.US)$ to Buy from Neutral with an unchanged price target of $44. The analyst cites valuation for the upgrade, pointing out the shares are currently trading at a 14% price-to-earnings discount to the broader electric utility group and an 8% discount to the small-cap electric utility group.
Domino's Pizza Upgraded to Outperform From Market Perf...
Notable Earnings before the bell
$勞氏(LOW.US)$: Q4 Non-GAAP EPS of $0.94 beats by $0.03; GAAP EPS of $0.66 misses by $0.05. Revenue of $16.03B (+2.4% Y/Y) misses by $100M.
Weibo EPS beats by $0.05, misses on revenue
$微博(WB.US)$
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