Buy, Sell or Hold: Algonquin Power & Utilities Corp (AQN-T)

TSE:AQN

17.61

0.06 (0.34%) 1d

Showing 1 to 15 of 405 entries

BUY

AQN vs. TA vs. RNW AQN's growth rate is 13%, trading around $17, a discount to the group. At these levels, when not many people are owning it and not expecting much, AQN pays a nice dividend. RNW had turbine problems and pulled back. TA is at a discount to the sum of its parts, as it owns RNW but doesn't get full value in the share price. TA is the better buy for upside.

electrical utilities

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have had a hard time meeting estimates these past few quarters. They did a confusing financing deal this year which investors did not like. The company is still attractive for income, and the valuation is cheap compared to peers. Unlock Premium - Try 5i Free

electrical utilities

BUY

He likes this sector a lot. These stocks have done nothing for a year, been a while. Demand for power will continue to rise and renewables won't go away. He doesn't own AQN, but this sector. AQN pays a dividend, and the future of this sector looks good.

electrical utilities

COMMENT

Question on whether to increase position in Alta Gas or Algonquin Power. Prefers Algonquin but doesn't own. However a pullback would be interesting. Algonquin has been consistently successful. Alta Gas is over-leveraged but they have new management now.

electrical utilities

TOP PICK

Great valuation on stock price. Risk of higher interest rates has affected utility sector. Market negative on most recent acquisition (Kentucky Power). Good for income oriented investor.

electrical utilities

BUY

Generally, he doesn't like share dilution, but ask the reason why. For instance, to buy assets and grow the company is a positive. AQN is fine; it will benefit from the ESG movement. Likes it. Renewables and AQN have had a tough year, but it offers good value now and long-term growth.

electrical utilities

BUY on WEAKNESS

Not cheap, but still a buying opportunity. Canadian utilities have sold off with the threat of rising rates. Raised equity for its acquisition. These are 2 overhangs on the stock. Still upside. Lots of growth, underpinned by cashflows. If it dropped another 10-15%, he would aggressively accumulate shares.

electrical utilities

BUY

They have 35 years to go to be the next Fortis, but they're on the right track. The stock has dropped because of a big, unsurprising acquisition of Kentucky Power and did an equity issue. Long-term tailwinds are the greening of the energy grid and short. Renewable power stocks ran up after Biden was elected, then pulled back earlier this year. That froth came off. All headwinds are temporary though. He's been buying at current levels and believes in it long-term. The grid is becoming greener. He's positive all green energy stocks. AQN pays a steady dividend.

electrical utilities

SHORT

Shorted it on poor price momentum and valuation. It is expensive. When interest rates move higher, they are hurt as a bond proxy. Still not cheap enough. 1.8x book value. Has good yield approaching 5%. Balance sheet is okay compared to other utilities but it is expensive.

electrical utilities

WEAK BUY

A market darling, but got ahead of itself, consolidating since 2020. Yield in the high 4s, respectable. Going forward, it will recover and reflect the growth of the underlying assets. Could be a buy here.

electrical utilities

BUY

AQN vs. H He's been adding. Valuations have come back in the renewables, with more upside in the next year or two over basic fossil fuel companies. 4% dividend yield, valuation is good. Kentucky Power acquisition is another leg of growth.

electrical utilities

BUY on WEAKNESS

Issued equity to fund an acquisition. Great income stock. Dividend will increase over time. Likes the renewable power business. Hoping to green the fleet over time. For all utilities, look at cashflow per share, not EPS. She added on the pullback.

electrical utilities

HOLD

It has been a great utility stock to own over the last decade. They have been more aggressive than others. They are also aggressive on growth through acquisition. He prefers to be more on the safe side. There is now new management in place so he is watching it. It looks good so far. He would consider it a hold.

electrical utilities

N/A

He is unable to talk about it today, but owns it.

electrical utilities

BUY on WEAKNESS

Debt from takeover of Kentucky Power. For the past 10 years, stock's traded between 1.5x and 2x book value. His low target is $16. He wouldn't touch it right now. Balance sheet is not a powerhouse, but utilities don't have to have one, as returns are regulated. He doesn't worry too much about the balance sheet of utilities. Such a beautiful trading pattern, he'd buy at the lows.

electrical utilities

Showing 1 to 15 of 405 entries

Algonquin Power & Utilities Corp(AQN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 40

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 45

Stockchase rating for Algonquin Power & Utilities Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 45 stock analysts published opinions about AQN-T. 40 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

45 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 2022-01-18, Algonquin Power & Utilities Corp (AQN-T) stock closed at a price of $17.61.

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