(BLX) Boralex - Ratings and Ratios

Boralex Inc., a leader in renewable energy, specializes in the development, construction, and operation of power generation and storage facilities. The company focuses on wind, solar, and hydroelectric resources, operating across Canada, France, and the United States. As of December 31, 2024, Boralex manages 103 wind farms, 13 solar facilities, 15 hydroelectric stations, and 2 storage units, with a total installed capacity of 3,947 MW. This includes 1,819 MW in North America (1,085 MW in Canada and 734 MW in the U.S.) and 1,343 MW in Europe. Founded in 1982, Boralex is headquartered in Kingsey Falls, Canada, and is committed to advancing renewable energy solutions. Web URL: https://www.boralex.com

Based on the provided data, here is a 3-month forecast for Boralex Inc. (TO:BLX):

From a technical perspective, BLX is trading above its SMA 20 (28.68) and SMA 50 (28.61), but below its SMA 200 (30.32). The stock is currently priced at 31.41, with an ATR of 0.83, indicating moderate volatility. Over the next three months, BLX is expected to range between 29.50 and 33.50, with potential resistance at 34 and support at 28.50.

Fundamentally, BLX has a market cap of 3,099.57M CAD, with a P/E of 86.17 and a forward P/E of 37.04, suggesting expectations of improved earnings. The P/B ratio of 1.93 indicates a moderate valuation relative to book value. With a P/S of 3.63 and an RoE of 2.25, BLX is positioned for steady growth in the renewable energy sector.