(ELPC) Companhia Paranaense de - Ratings and Ratios

Companhia Paranaense de Energia - COPEL is a Brazilian electric utility company that generates, transmits, and distributes electricity to a diverse customer base, including industrial, residential, and commercial clients. The companys diversified portfolio includes hydroelectric, wind, and thermoelectric power plants, as well as transmission and distribution lines. COPELs operational footprint spans multiple municipalities in the states of Paraná and Santa Catarina, where it holds concessions to distribute electricity. With a history dating back to 1954, the company is headquartered in Curitiba, Brazil, and is committed to providing reliable energy solutions to its customers.

In addition to its core electricity business, COPEL is also involved in the distribution of piped natural gas, further diversifying its revenue streams. The companys operational segments include Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services, allowing for a comprehensive approach to energy management. As a publicly traded company listed on the NYSE under the ticker symbol ELPC, COPEL is subject to rigorous financial reporting and disclosure requirements, providing transparency to investors.

Analyzing the companys , we observe that the stock price is currently at $8.17, slightly above its 20-day simple moving average (SMA) of $8.10. The 50-day SMA is at $7.28, and the 200-day SMA is at $6.14, indicating a longer-term uptrend. The average true range (ATR) is $0.18, representing a volatility of 2.23%. Given the current price action and technical indicators, it is likely that the stock will continue to consolidate around its current levels before breaking out further. A potential target price could be $9.00, based on the stocks historical price movements and the overall trend in the energy sector.

From a fundamental perspective, COPELs indicates a market capitalization of $6.4 billion USD, with a price-to-earnings (P/E) ratio of 14.73 and a forward P/E ratio of 14.37. The companys return on equity (RoE) is 11.52%, suggesting a relatively stable and profitable business model. Considering the companys diversified revenue streams, operational footprint, and financial performance, we forecast that COPEL will continue to deliver stable returns to its investors, driven by its core electricity business and supplementary natural gas distribution activities. Our forecast suggests a potential upside of 10% to 15% in the next 12 to 18 months, driven by a combination of technical and fundamental factors.