With 15.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.38 million shares. The 52-week range on AQN shows that it touched its highest point at $6.79 and its lowest point at $4.19 during that stretch. It currently has a 1-year price target of $5.37. With its current market cap of 3.90 billion, AQN has annualized dividend of $0.35 while the current yield stands at 7.04%. Beta for the stock currently stands at 0.76.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AQN was down-trending over the past week, with a drop of -0.40%, but this was up by 8.11% over a month. Three-month performance surged to 3.35% while six-month performance fell -8.36%. The stock lost -17.42% in the past year, while it has gained 10.79% so far this year. A look at the trailing 12-month EPS for AQN yields -1.30 with Next year EPS estimates of 0.30. For the next quarter, that number is 0.09. This implies an EPS growth rate of -26.35% for this year and -22.58% for next year. EPS is expected to decline by -12.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -40.16%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AQN since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.41087 being high and $0.38006 being low. For AQN, this leads to a yearly average estimate of $0.39033. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.09.
