Algonquin Power & Utilities Corp. (TSE:AQN – Get Rating) – Analysts at Desjardins issued their FY2022 earnings per share estimates for shares of Algonquin Power & Utilities in a research report issued on Monday, October 3rd. Desjardins analyst B. Stadler anticipates that the company will post earnings per share of $0.96 for the year. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $1.10 per share. Desjardins also issued estimates for Algonquin Power & Utilities' FY2023 earnings at $1.08 EPS.
Get Algonquin Power & Utilities alerts:Separately, JPMorgan Chase & Co. lifted their price target on Algonquin Power & Utilities from C$20.00 to C$21.00 in a research report on Tuesday, August 23rd. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Algonquin Power & Utilities has a consensus rating of "Moderate Buy" and an average target price of C$19.83.
Algonquin Power & Utilities Stock Up 1.7 %
Shares of AQN stock opened at C$15.86 on Tuesday. Algonquin Power & Utilities has a 1 year low of C$15.03 and a 1 year high of C$20.19. The stock has a market cap of C$10.75 billion and a PE ratio of 38.68. The business's fifty day moving average is C$17.74 and its 200-day moving average is C$18.11. The company has a debt-to-equity ratio of 102.90, a quick ratio of 0.42 and a current ratio of 0.77.About Algonquin Power & Utilities
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Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment operates a portfolio of rate-regulated utilities located in the United States, Canada, Chile, and Bermuda.
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