Jefferies Financial Group Reiterates Buy Rating for Greencoat UK Wind (LON:UKW)

Greencoat UK Wind (LON:UKW)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research report issued on Thursday,Digital Look reports.

Greencoat UK Wind Price Performance

LON UKW opened at GBX 109.35 on Thursday. The company has a current ratio of 0.18, a quick ratio of 14.31 and a debt-to-equity ratio of 59.67. Greencoat UK Wind has a 12 month low of GBX 92.20 and a 12 month high of GBX 122.25. The stock has a market cap of £2.36 billion, a price-to-earnings ratio of -12.55 and a beta of 0.30. The company’s 50 day moving average is GBX 103.41 and its two-hundred day moving average is GBX 99.87.

Greencoat UK Wind (LON:UKW) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 5.89 earnings per share for the quarter. Greencoat UK Wind had a negative net margin of 99.49% and a negative return on equity of 6.35%. As a group, research analysts anticipate that Greencoat UK Wind will post 14.4164038 earnings per share for the current year.

Greencoat UK Wind Company Profile

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.