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

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

TSE:PIF

11.62

0.13 (1.11%) 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) attracts mixed perspectives from experts regarding its performance in the renewable energy sector. One expert highlights concerns about rising interest rates potentially impacting bond proxies like utilities and REITs, indicating a cautious outlook. However, another expert notes a positive technical outlook, observing that the stock is compressing into a triangle formation that could lead to an upside move, creating a favorable risk/reward scenario. Additionally, there's recognition of Polaris as a growing producer of green electricity in Latin America, investing in geothermal, river, and solar energy. The stock is deemed cheap with a 6.65% dividend yield and a PE ratio of 13, suggesting significant upside potential as management effectively reinvests cash flow and explores M&A opportunities.

Consensus

Mixed

Valuation

Undervalued

Similar

TERNA,TRN.MI

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.