TSE:AQN
20.58
0.05
(0.24%)
Algonquin Power & Utilities Corp. is a renewable energy and regulated utility company with assets across North America.
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Analysis and Opinions about AQN-T
Signal
Opinion
Expert
BUY
BUY
March 18, 2021
You really have to own some renewable power. High growth area. AQN is a good way to play. His top pick in the hybrid renewable sector. Has non-renewables, but its growth projects are all renewable. Valuation is below peers. Yield is around 3.5%.
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You really have to own some renewable power. High growth area. AQN is a good way to play. His top pick in the hybrid renewable sector. Has non-renewables, but its growth projects are all renewable. Valuation is below peers. Yield is around 3.5%.
BUY
BUY
March 16, 2021
She continues to hold it. The utility space has pulled back (AQN is down 15%) because of rising yields. AQN pays a yield under 4%. Its growth outlook is strong for years to come, and AQN enjoy robust cash flow primarily in the U.S. AQN'S dividend that will rise 10% this year, though that growth may moderate in years to come as AQN invests more in its business. Renewable energy remains a good investment, though the group was overextended coming into 2020; she was waiting for a pullback and it's happened.
Show full opinionHide full opinionShe continues to hold it. The utility space has pulled back (AQN is down 15%) because of rising yields. AQN pays a yield under 4%. Its growth outlook is strong for years to come, and AQN enjoy robust cash flow primarily in the U.S. AQN'S dividend that will rise 10% this year, though that growth may moderate in years to come as AQN invests more in its business. Renewable energy remains a good investment, though the group was overextended coming into 2020; she was waiting for a pullback and it's happened.
BUY WEAKNESS
BUY WEAKNESS
March 10, 2021
Allan Tong’s Discover Picks As of March 8, this Canadian wind and solar power producer has tumbled nearly 15% off its high of $22.67 of just a month ago. The good news is that AQN‘s PE has slipped to 18.4x, which trades below the industry average of 19.2x. In addition to the current rotation, another factor pressuring Algonquin is last week’s Q4 report in which its EPS of $0.21 fell just a penny short of the street’s expected $0.22. Similarly, AQN’s adjusted EPS for the full year of $0.64 fell shy of management’s guidance of $0.65-0.70. Not a disaster, since Q4 EPS and revenues rose year-over-year so AQN stock is an oversold stock. Read 3 Overdone and Oversold Stocks for our full analysis.
Show full opinionHide full opinionAllan Tong’s Discover Picks As of March 8, this Canadian wind and solar power producer has tumbled nearly 15% off its high of $22.67 of just a month ago. The good news is that AQN‘s PE has slipped to 18.4x, which trades below the industry average of 19.2x. In addition to the current rotation, another factor pressuring Algonquin is last week’s Q4 report in which its EPS of $0.21 fell just a penny short of the street’s expected $0.22. Similarly, AQN’s adjusted EPS for the full year of $0.64 fell shy of management’s guidance of $0.65-0.70. Not a disaster, since Q4 EPS and revenues rose year-over-year so AQN stock is an oversold stock. Read 3 Overdone and Oversold Stocks for our full analysis.
BUY WEAKNESS
BUY WEAKNESS
March 3, 2021
The catalyst for the sector is whether or not the Biden administration will be supportive of green energy. The Trudeau government already is. There's more upside to this stock. With sector rotation out of tech, you want to look for an entry point. We're going to see higher growth opportunities for renewables, so you want exposure.
Show full opinionHide full opinionThe catalyst for the sector is whether or not the Biden administration will be supportive of green energy. The Trudeau government already is. There's more upside to this stock. With sector rotation out of tech, you want to look for an entry point. We're going to see higher growth opportunities for renewables, so you want exposure.
BUY WEAKNESS
BUY WEAKNESS
February 23, 2021
Short/medium outlook for renewable energy The recent harsh winter weather in Texas shows that even green power can be effected. But now this market rotation is a short-term blip for green energy stock, and so is a good opportunity to buy. Corporations and governments will continue to demand green energy and investors want ESG. This is a solid, long-term trend that favours this sector.
Show full opinionHide full opinionShort/medium outlook for renewable energy The recent harsh winter weather in Texas shows that even green power can be effected. But now this market rotation is a short-term blip for green energy stock, and so is a good opportunity to buy. Corporations and governments will continue to demand green energy and investors want ESG. This is a solid, long-term trend that favours this sector.
HOLD
HOLD
February 9, 2021
Allan Tong’s Discover Picks The laggard is Algonquin , up only 11% since October 30, but its future growth is assured. Read TITLE DEL POST for our full analysis.
Show full opinionHide full opinionAllan Tong’s Discover Picks The laggard is Algonquin , up only 11% since October 30, but its future growth is assured. Read TITLE DEL POST for our full analysis.
BUY
BUY
February 4, 2021
AQN vs. BEP.UN Likes it. Leveraged to renewable infrastructure build in the US. Very steady utility business. Better choice than BEP.UN at this time, based on valuations.
AQN vs. BEP.UN Likes it. Leveraged to renewable infrastructure build in the US. Very steady utility business. Better choice than BEP.UN at this time, based on valuations.
BUY
BUY
January 22, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is fairly priced versus its peers. Support looks around $20 so there is minor technical risk. However, taking into consideration the dividend and growth prospect, it is a good play. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is fairly priced versus its peers. Support looks around $20 so there is minor technical risk. However, taking into consideration the dividend and growth prospect, it is a good play. Unlock Premium - Try 5i Free
BUY
BUY
January 18, 2021
She likes it. It is a combination of regulated electric and water utility as well as renewable. The renewable portion is growing and this is a good thing. They pay an attractive dividend. They re-affirmed in September that the dividend will be increased this year but she feels it will continue to grow even if moderated.
Show full opinionHide full opinionShe likes it. It is a combination of regulated electric and water utility as well as renewable. The renewable portion is growing and this is a good thing. They pay an attractive dividend. They re-affirmed in September that the dividend will be increased this year but she feels it will continue to grow even if moderated.
TOP PICK
TOP PICK
January 6, 2021
One of the only ones left at a decent price. Has both regulated utility and renewable power development. The renewable side will be rerated faster than the utility part. Well managed for a long time. Government spending plus investor interest is a very good recipe for the space. Yield is 3.80%. (Analysts’ price target is $21.87)
Show full opinionHide full opinionOne of the only ones left at a decent price. Has both regulated utility and renewable power development. The renewable side will be rerated faster than the utility part. Well managed for a long time. Government spending plus investor interest is a very good recipe for the space. Yield is 3.80%. (Analysts’ price target is $21.87)
WAIT
WAIT
December 3, 2020
In a secular bull market, when markets start making new highs, they make them in bunches. We've been through 2 bear markets, the fall of 2018 and this past one of 2020. Now you get the other side. You can't be afraid of a rising market. Fiscal and monetary stimulus have been extraordinary, and that's not going to stop. Problem with utilities is they're not big beneficiaries of the economic cycle. You won't lose money, but there are better places to be. A great company, but won't be leading the market forward.
Show full opinionHide full opinionIn a secular bull market, when markets start making new highs, they make them in bunches. We've been through 2 bear markets, the fall of 2018 and this past one of 2020. Now you get the other side. You can't be afraid of a rising market. Fiscal and monetary stimulus have been extraordinary, and that's not going to stop. Problem with utilities is they're not big beneficiaries of the economic cycle. You won't lose money, but there are better places to be. A great company, but won't be leading the market forward.
HOLD
HOLD
December 1, 2020
All utilities held up reasonably well during the pandemic. Better places to look than utilities at this time. Great job initiating getting into green power. No reason to sell.
Show full opinionHide full opinionAll utilities held up reasonably well during the pandemic. Better places to look than utilities at this time. Great job initiating getting into green power. No reason to sell.
BUY
BUY
November 23, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has started to act better after a period of lagging for a time. The stock offers a nice combination of growth and income at a reasonable price. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has started to act better after a period of lagging for a time. The stock offers a nice combination of growth and income at a reasonable price. Unlock Premium - Try 5i Free
HOLD
HOLD
November 12, 2020
Good long-term hold. 3/4 of its operations are regulated. The rest is renewable power, which is gaining a lot of traction as a long-term secular trend. Stable cashflow stream, most comes from the US. Dividend growth visibility. Yield is 3.2%.
Show full opinionHide full opinionGood long-term hold. 3/4 of its operations are regulated. The rest is renewable power, which is gaining a lot of traction as a long-term secular trend. Stable cashflow stream, most comes from the US. Dividend growth visibility. Yield is 3.2%.
BUY
BUY
November 4, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has been a laggard and thus should have some better upside potential than competitors. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has been a laggard and thus should have some better upside potential than competitors. Unlock Premium - Try 5i Free
Algonquin Power & Utilities Corp(AQN-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 24
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 28
Algonquin Power & Utilities Corp(AQN-T) Frequently Asked Questions
What is Algonquin Power & Utilities Corp stock symbol?
Algonquin Power & Utilities Corp is a Canadian stock, trading under the symbol AQN-T on the Toronto Stock Exchange (AQN-CT). It is usually referred to as TSX:AQN or AQN-T
Is Algonquin Power & Utilities Corp a buy or a sell?
In the last year, 28 stock analysts published opinions about AQN-T. 24 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Algonquin Power & Utilities Corp.
Is Algonquin Power & Utilities Corp a good investment or a top pick?
Algonquin Power & Utilities Corp was recommended as a Top Pick by John Zechner on 2021-03-18. Read the latest stock experts ratings for Algonquin Power & Utilities Corp.
Why is Algonquin Power & Utilities Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Algonquin Power & Utilities Corp worth watching?
28 stock analysts on Stockchase covered Algonquin Power & Utilities Corp In the last year. It is a trending stock that is worth watching.
What is Algonquin Power & Utilities Corp stock price?
On 2021-04-09, Algonquin Power & Utilities Corp (AQN-T) stock closed at a price of $20.58.
