Based on ratings from 4 stock analysts, the Atlantica Yield plc stock price is expected to increase by 0.95% in 12 months. This is calculated by using the average 12-month stock price forecast for Atlantica Yield plc. The lowest target is $22 and the highest is $23. Please note analyst price targets are not guaranteed and could be missed completely.
AY is a stock in Utilities which has been forecasted to be worth $22.2 as an average. On the higher end, the forecast price is $23 USD by James Thalacker from BMO Capital and on the lower end AY is forecasted to be $22 by Stephen Byrd from Morgan Stanley.
These are the latest 20 analyst ratings of AY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
William Grippin UBS | Neutral | $22 | Downgrade | May 30, 2024 |
Angie Storozynski Seaport Global | Neutral | Downgrade | May 29, 2024 | |
James Thalacker BMO Capital | Market Perform | $23 | Maintains | May 10, 2024 |
Rupert Merer National Bank Financial Inc | Sector Perform | $20 | Downgrade | Apr 3, 2024 |
Julien Dumoulin-Smith B of A Securities | Buy | $20 | Maintains | Mar 26, 2024 |
William Grippin UBS | Buy | $25 | Upgrade | Mar 22, 2024 |
James Thalacker BMO Capital | Market Perform | $20 | Maintains | Mar 5, 2024 |
Shelby Tucker RBC Capital | Outperform | $24 | Maintains | Mar 4, 2024 |
Shelby Tucker RBC Capital | Outperform | $26 | Maintains | Nov 9, 2023 |
David Quezada Raymond James | Market Perform | Downgrade | Oct 26, 2023 | |
Mark Strouse JP Morgan | Neutral | $21 | Maintains | Oct 19, 2023 |
Rupert Merer National Bank Financial Inc | Outperform | $25 | Maintains | Oct 11, 2023 |
Stephen Byrd Morgan Stanley | Equal-Weight | $22 | Maintains | Oct 3, 2023 |
James Thalacker BMO Capital | Market Perform | $25 | Maintains | Sep 22, 2023 |
Stephen Byrd Morgan Stanley | Equal-Weight | $26 | Maintains | Sep 20, 2023 |
Stephen Byrd Morgan Stanley | Equal-Weight | $31 | Maintains | Jun 23, 2023 |
Rupert Merer National Bank Financial Inc | Outperform | $31 | Upgrade | May 8, 2023 |
Shelby Tucker RBC Capital | Outperform | $34 | Reiterates | May 8, 2023 |
Rupert Merer National Bank Financial Inc | Sector Perform | $31 | Initiates | Apr 11, 2023 |
Julien Dumoulin-Smith B of A Securities | Buy | $32 | Upgrade | Mar 8, 2023 |
When did it IPO
2014
Staff Count
1,366
Country
United Kingdom
Sector/Industry
Utilities/Utilities - Renewable
CEO
Mr. Santiago Seage Medela
Market Cap
$2.55B
In 2023, AY generated $1.10B in revenue, which was a decrease of -0.19% from the previous year. This can be seen as a signal that AY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Atlantica's Q3 2024 revenue reached $918.7 million, up 7% YoY, while adjusted EBITDA rose 4.8% to $657.5 million compared to the same period in 2023.
Why It Matters - Atlantica's revenue and adjusted EBITDA growth indicate strong financial performance, suggesting stability and potential for future earnings, which can attract investor interest and impact stock valuation.
Summary - Atlantica Sustainable Infrastructure (AY) reported Q3 earnings of $0.14 per share, missing estimates of $0.32. This is a decrease from $0.18 per share in the same quarter last year.
Why It Matters - Earnings miss signals potential operational challenges, impacting future growth expectations and investor sentiment toward Atlantica Sustainable Infrastructure.
Summary - In turbulent markets, investors favor dividend-yielding stocks, typically from companies with strong free cash flows that provide substantial shareholder dividends.
Why It Matters - Dividend-yielding stocks attract investors during market volatility, signaling stability and reliable income, often from companies with strong cash flows.
Summary - Investors often seek dividend-yielding stocks during market turbulence, as these companies typically have strong free cash flows and provide substantial dividend payouts.
Why It Matters - Dividend-yielding stocks offer stability and income during market volatility, attracting investors seeking safer investments with reliable cash returns.
Summary - Atlantica Sustainable Infrastructure plc (NASDAQ: AY) announced that its shareholders approved its acquisition by Energy Capital Partners and co-investors, completing the necessary meetings for the transaction.
Why It Matters - The approval of Atlantica's acquisition signals a potential shift in strategic direction and could impact stock performance, investor confidence, and future growth prospects.
Summary - Atlantica Sustainable Infrastructure (AY) reported Q3 earnings of $0.18 per share, missing the consensus estimate of $0.24, and down from $0.31 per share year-over-year.
Why It Matters - Atlantica Sustainable Infrastructure's earnings miss may signal operational challenges and could impact investor sentiment, potentially leading to stock price volatility.