Atlantica Sustainable Infrastructure Plc (NASDAQ: AY)’s stock price has plunge by 0.07relation to previous closing price of 22.14. Nevertheless, the company has seen a 0.02% surge in its stock price over the last five trading sessions. zacks.com reported 2024-11-14 that Atlantica Sustainable Infrastructure (AY) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.18 per share a year ago.
Is It Worth Investing in Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) Right Now?
The price-to-earnings ratio for Atlantica Sustainable Infrastructure Plc (NASDAQ: AY) is above average at 75.61x, Company’s 36-month beta value is 0.98.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for AY is 67.05M, and currently, short sellers hold a 1.66% ratio of that floaft. The average trading volume of AY on November 27, 2024 was 975.09K shares.
AY’s Market Performance
AY stock saw an increase of 0.02% in the past week, with a monthly gain of 0.84% and a quarterly increase of -0.52%. The volatility ratio for the week is 0.11%, and the volatility levels for the last 30 days are 0.17% for Atlantica Sustainable Infrastructure Plc (AY). The simple moving average for the past 20 days is 0.21% for AY’s stock, with a 5.09% simple moving average for the past 200 days.
Analysts’ Opinion of AY
Many brokerage firms have already submitted their reports for AY stocks, with UBS repeating the rating for AY by listing it as a “Neutral.” The predicted price for AY in the upcoming period, according to UBS is $22 based on the research report published on May 30, 2024 of the current year 2024.
AY Trading at 0.57% from the 50-Day Moving Average
After a stumble in the market that brought AY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.60% of loss for the given period.
Volatility was left at 0.17%, however, over the last 30 days, the volatility rate increased by 0.11%, as shares surge +0.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.07% upper at present.
During the last 5 trading sessions, AY rose by +0.02%, which changed the moving average for the period of 200-days by +19.43% in comparison to the 20-day moving average, which settled at $22.11. In addition, Atlantica Sustainable Infrastructure Plc saw 3.05% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AY
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.77 for the gross margin
The net margin for Atlantica Sustainable Infrastructure Plc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 2.14, with 0.34 for asset returns.
Based on Atlantica Sustainable Infrastructure Plc (AY), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 4.22. The interest coverage ratio of the stock is 0.79.
Currently, EBITDA for the company is 828.5 million with net debt to EBITDA at 5.77. When we switch over and look at the enterprise to sales, we see a ratio of 6.62. The receivables turnover for the company is 3.89for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
Conclusion
In a nutshell, Atlantica Sustainable Infrastructure Plc (AY) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
