Buy, Sell or Hold: Polaris Infrastructure (PIF-T) — Stock Predictions at Stockchase

Home Daily Stock Opinions and Ratings Polaris Infrastructure (PIF-T)

TSE:PIF

11.82

0.12 (1.03%) 1d

Most Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)3 Solid Infrastructure Stocks Optimism and banks lift markets to new highs

Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Polaris Infrastructure (PIF-T) has garnered mixed reviews from experts regarding its potential in the renewable energy sector. One expert expresses caution due to rising interest rates potentially impacting utilities and REITs, suggesting that while there may be room for short-term trading upside, long-term risks remain. Another analyst highlights the stock's technical patterns, noting its position at a lower trendline and the possible for an upside breakout despite its recent decline. Additionally, an expert emphasizes Polaris' role as a growing producer of green electricity in Latin America, mentioning its diverse energy portfolio that includes geothermal, river, and solar energy. The company appears financially attractive with its 6.65% dividend yield, trading at a PE of 13X, and analysts suggest a significant upside potential of 70% with a price target around $20.90, supported by strong management reinvesting cash flow into a promising pipeline and occasional mergers and acquisitions.

Consensus

Cautious

Valuation

Undervalued

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TRADE

This is how he'd play the renewable energy trade. Thinks rates will go higher next year, which makes him cautious. If that's the case for rates, a lot of the bond proxies like utilities and REITs are going to come under pressure. A bit more upside potential, but for a trade.

BUY

He can't speak to fundamentals, but the chart is hitting the lower trendline. It's compressing into the right corner like a triangle, which is when you tend to get an upside move. Risk/reward is really good right now, even though it's down 9% in a really good market.

TOP PICK

A growing producer in green electricity in Latin America. They do geothermal, river and solar energy. The green sector has been under pressure the past year, but these shares are super cheap. Pays a 6.65% dividend and trades at 13X PE. There's 70% upside. Great management, reinvesting their cash flow into a nice pipeline with occasional M&A.

(Analysts’ price target is $20.90)

TOP PICK

Now called Polaris Renewable Energy. Pays a 6.4% dividend and trades at a 15x PE, a discount to peers.

(Analysts’ price target is $25.50)

PARTIAL BUY

Allan Tong’s Discover Picks Companies like Polaris trade at high PEs (102.44x), but that’s par for the course. Another caveat is that PIF is a small-cap of only $344 million, so it can be vulnerable to market mood swings—and we’ve had no shortage of that. PIF pays a steady dividend of 5%, which investors can collect as they wait. Given PIF’s caveats, consider this stock more a risky or partial buy. Read 3 Solid Infrastructure Stocks for our full analysis.

PAST TOP PICK

(A Top Pick Oct 06/21, Down 7%) Great green business. Slow, steady grower. Trades at half the valuation of other independents. Table-pounding buy. Only a matter of time before it goes up or gets bought at a serious premium.