In the past week, HASI stock has gone up by 21.26%, with a monthly gain of 4.57% and a quarterly surge of 25.15%. The volatility ratio for the week is 3.10%, and the volatility levels for the last 30 days are 3.46% for Hannon Armstrong Sustainable Infrastructure capital Inc. The simple moving average for the past 20 days is 16.64% for HASI’s stock, with a 24.97% simple moving average for the past 200 days.
Is It Worth Investing in Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) Right Now?
The price-to-earnings ratio for Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) is above average at 14.43x. The 36-month beta value for HASI is also noteworthy at 1.92. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for HASI is 111.07M, and at present, short sellers hold a 13.40% of that float. The average trading volume of HASI on May 08, 2024 was 891.41K shares.
HASI) stock’s latest price update
Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI)’s stock price has gone rise by 13.11 in comparison to its previous close of 26.19, however, the company has experienced a 21.26% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that While the top- and bottom-line numbers for Hannon Armstrong (HASI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of HASI
Many brokerage firms have already submitted their reports for HASI stocks, with Goldman repeating the rating for HASI by listing it as a “Neutral.” The predicted price for HASI in the upcoming period, according to Goldman is $26 based on the research report published on November 28, 2023 of the previous year 2023.
Mizuho, on the other hand, stated in their research note that they expect to see HASI reach a price target of $30. The rating they have provided for HASI stocks is “Buy” according to the report published on November 21st, 2023.
Exane BNP Paribas gave a rating of “Outperform” to HASI, setting the target price at $29 in the report published on October 20th of the previous year.
HASI Trading at 14.29% from the 50-Day Moving Average
After a stumble in the market that brought HASI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.86% of loss for the given period.
Volatility was left at 3.46%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares surge +11.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.41% upper at present.
During the last 5 trading sessions, HASI rose by +21.12%, which changed the moving average for the period of 200-days by +6.90% in comparison to the 20-day moving average, which settled at $25.55. In addition, Hannon Armstrong Sustainable Infrastructure capital Inc saw 7.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HASI starting from Armbrister Clarence D, who purchase 420 shares at the price of $23.99 back on Nov 20 ’23. After this action, Armbrister Clarence D now owns 420 shares of Hannon Armstrong Sustainable Infrastructure capital Inc, valued at $10,076 using the latest closing price.
Pangburn Marc T., the Chief Financial Officer of Hannon Armstrong Sustainable Infrastructure capital Inc, purchase 5,000 shares at $21.09 during a trade that took place back on Aug 21 ’23, which means that Pangburn Marc T. is holding 53,291 shares at $105,450 based on the most recent closing price.
Stock Fundamentals for HASI
Current profitability levels for the company are sitting at:
- 0.81 for the present operating margin
- 0.79 for the gross margin
The net margin for Hannon Armstrong Sustainable Infrastructure capital Inc stands at 0.78. The total capital return value is set at 0.04. Equity return is now at value 12.89, with 4.17 for asset returns.
Currently, EBITDA for the company is 224.24 million with net debt to EBITDA at -0.21. When we switch over and look at the enterprise to sales, we see a ratio of 10.41. The receivables turnover for the company is 0.1for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In summary, Hannon Armstrong Sustainable Infrastructure capital Inc (HASI) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
