With 7.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 13.29 million shares. The 52-week range on AQN shows that it touched its highest point at $6.36 and its lowest point at $4.19 during that stretch. It currently has a 1-year price target of $6.17. With its current market cap of 4.65 billion, AQN has annualized dividend of $0.30 while the current yield stands at 5.16%. Beta for the stock currently stands at 0.74.
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 -0.68%, but this was up by 2.98% over a month. Three-month performance surged to 21.74% while six-month performance rose 25.64%. The stock lost -1.01% in the past year, while it has gained 32.13% so far this year. A look at the trailing 12-month EPS for AQN yields -1.54 with Next year EPS estimates of 0.36. For the next quarter, that number is 0.04. This implies an EPS growth rate of 3.33% for this year and 16.67% for next year.
Float and Shares Shorts:
At present, 767.75 million AQN shares are outstanding with a float of 767.16 million shares on hand for trading.
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 $0.38588 being high and $0.35694 being low. For AQN, this leads to a yearly average estimate of $0.36659.
