Weekly Analysts’ Ratings Changes for Atlantica Yield (AY)

Share on StockTwits

A number of firms have modified their ratings and price targets on shares of Atlantica Yield (NASDAQ: AY) recently:

  • 5/23/2019 – Atlantica Yield was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 5/14/2019 – Atlantica Yield was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 5/13/2019 – Atlantica Yield had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $25.50 price target on the stock.
  • 5/3/2019 – Atlantica Yield was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 5/1/2019 – Atlantica Yield was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. It operates primarily in North America, South America and Europe. Atlantica Yield Plc, formerly known as Abengoa Yield plc, is based in Brentford, the United Kingdom. “
  • 4/16/2019 – Atlantica Yield was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock. According to Zacks, “Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. It operates primarily in North America, South America and Europe. Atlantica Yield Plc, formerly known as Abengoa Yield plc, is based in Brentford, the United Kingdom. “
  • 4/3/2019 – Atlantica Yield was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. It operates primarily in North America, South America and Europe. Atlantica Yield Plc, formerly known as Abengoa Yield plc, is based in Brentford, the United Kingdom. “
  • 4/2/2019 – Atlantica Yield was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “Atlantica Yield Plc owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors. It operates primarily in North America, South America and Europe. Atlantica Yield Plc, formerly known as Abengoa Yield plc, is based in Brentford, the United Kingdom. “

NASDAQ AY opened at $21.72 on Friday. Atlantica Yield PLC has a twelve month low of $17.50 and a twelve month high of $21.96. The company has a quick ratio of 1.52, a current ratio of 1.55 and a debt-to-equity ratio of 3.12. The stock has a market cap of $2.18 billion, a P/E ratio of 51.71 and a beta of 0.65.

Atlantica Yield (NASDAQ:AY) last posted its quarterly earnings data on Thursday, February 28th. The utilities provider reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.47). Atlantica Yield had a return on equity of 2.08% and a net margin of 3.60%. The business had revenue of $206.90 million for the quarter, compared to analyst estimates of $248.73 million. As a group, analysts expect that Atlantica Yield PLC will post 1.07 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Monday, June 3rd will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 7.18%. The ex-dividend date is Friday, May 31st. This is a boost from Atlantica Yield’s previous quarterly dividend of $0.37. Atlantica Yield’s payout ratio is currently 352.38%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Trust Advisors LP raised its holdings in Atlantica Yield by 1.6% in the 4th quarter. First Trust Advisors LP now owns 94,283 shares of the utilities provider’s stock valued at $1,848,000 after acquiring an additional 1,504 shares in the last quarter. Bank of Montreal Can acquired a new position in Atlantica Yield in the 4th quarter valued at approximately $30,000. Nisa Investment Advisors LLC acquired a new position in Atlantica Yield in the 4th quarter valued at approximately $33,000. Advisor Group Inc. raised its holdings in Atlantica Yield by 224.0% in the 1st quarter. Advisor Group Inc. now owns 2,495 shares of the utilities provider’s stock valued at $50,000 after acquiring an additional 1,725 shares in the last quarter. Finally, NumerixS Investment Technologies Inc acquired a new position in Atlantica Yield in the 1st quarter valued at approximately $50,000. 49.15% of the stock is owned by institutional investors and hedge funds.

Atlantica Yield plc acquires, owns, and manages renewable energy, natural gas power, electric transmission lines, and water assets in the United States, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. As of December 31, 2018, it had 24 assets, including 1,496 megawatts (MW) of renewable energy generation assets comprising solar power and wind plants; 300 MW of natural gas power generation assets that produce electricity and steam from natural gas; 1,152 miles of electric transmission lines; and water desalination plants with an aggregate capacity of 10.5 million cubic feet per day.

See Also: Why are gap-down stocks important?

Receive News & Ratings for Atlantica Yield PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantica Yield PLC and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Ares Commercial Real Estate Corp Declares Quarterly Dividend of $0.33
Ares Commercial Real Estate Corp Declares Quarterly Dividend of $0.33
Equity Lifestyle Properties, Inc.  to Issue Quarterly Dividend of $0.61
Equity Lifestyle Properties, Inc. to Issue Quarterly Dividend of $0.61
Stryker Co. Declares Quarterly Dividend of $0.52
Stryker Co. Declares Quarterly Dividend of $0.52
Agree Realty Co.  Plans Quarterly Dividend of $0.57
Agree Realty Co. Plans Quarterly Dividend of $0.57
$0.01 Earnings Per Share Expected for CRH Medical Corporation  This Quarter
$0.01 Earnings Per Share Expected for CRH Medical Corporation This Quarter
Vermilion Energy Inc  Receives $35.67 Consensus Target Price from Brokerages
Vermilion Energy Inc Receives $35.67 Consensus Target Price from Brokerages


© 2006-2019 Ticker Report