(AQN) Algonquin Power & Utilities - Ratings and Ratios

Algonquin Power & Utilities Corp is a multi-utility company with a diverse portfolio of regulated electric, water, and natural gas utility systems, as well as transmission and generation assets across North America and beyond. Its extensive operations serve approximately 1.265 million customer connections across the United States, Canada, Bermuda, and Chile, providing essential services to a vast customer base.

The companys regulated utility systems are strategically located in various regions, including Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, Oklahoma, Arizona, Illinois, New York, Texas, Georgia, Iowa, Massachusetts, New Brunswick, Alberta, Ontario, Quebec, and Chile. This diversified geographic presence helps mitigate regional risks and provides opportunities for growth in different markets.

In addition to its regulated utility operations, Algonquin Power & Utilities Corp also owns and operates generating assets with a gross capacity of approximately 2.0 GW, including 14 hydroelectric power generation facilities in Canada with a combined gross generating capacity of around 115 MW. The companys renewable energy portfolio is expected to benefit from the growing demand for clean energy and the transition to a low-carbon economy.

Analyzing the , the stocks current price is $5.85, with a 20-day SMA of $5.64 and a 50-day SMA of $5.37, indicating a positive trend. The 200-day SMA is $4.92, suggesting a long-term uptrend. The ATR is 0.18, representing a 3.12% volatility. Given the current trend and volatility, a potential price target could be $6.50, representing a 11% increase from the current price.

Examining the , Algonquin Power & Utilities Corp has a market capitalization of $4.545 billion USD and a P/E ratio of 21.14, indicating a relatively stable valuation. The forward P/E is 19.72, suggesting a slight decrease in valuation expectations. However, the RoE is -23.40, indicating a negative return on equity. To improve this metric, the company may need to focus on optimizing its operations, improving its asset utilization, and increasing its profitability.

Based on the analysis of both and , a forecast for Algonquin Power & Utilities Corp is that the company will continue to benefit from its diversified portfolio and strategic presence in the multi-utility sector. As the demand for clean energy and low-carbon solutions grows, the companys renewable energy assets are likely to play a key role in driving its future growth. With a potential price target of $6.50, investors may consider accumulating the stock at current levels, anticipating a potential long-term uptrend.