Algonquin Power & Utilities Stock Buy or Sell? AQN Stocks Forecast

Market Capitalization: 5 357 012 000 $
EBITDA: 945 039 000 $
Price to Earnings: None
Quarterly Earnings Growth YOY: 5.64
Quarterly Revenue Growth YOY: 0.266
Trailing PE: -
Forward PE: 10.24
Shares Outstanding: 688203000






Algonquin Power & Utilities Stock Buy or Sell? AQN Stocks Analytic Forecasts

March 24, 2023 (00:52)

Algonquin Power & Utilities Corp. (AQN) Sector: Utilities

We present you the most up-to-date and complete review of analytical trend forecasts and views on the AQN stock market. Experts share their opinions on what to expect from the Algonquin Power & Utilities Corp. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Algonquin Power & Utilities stocks.

Algonquin Power & Utilities Corp. Stock Market Experts’ Analysis and Forecasting – Sell or Buy AQN Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Trapping Value and is titled

“Algonquin: It Really Comes Down To April 26”

is published on March 20 (2023) and has 19 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Algonquin Power & Utilities Corp. reported Q4-2022 results that beat the street.
  • Guidance for 2023 contained no surprises and the capital allocation shows management has found religion.
  • We go over the results and tell you at what price we would like to buy this and why it will only happen towards the end of April.

The author starts his analytic review with the following:

On our last coverage of Algonquin Power & Utilities Corp. (NYSE:AQN), we appreciated the steps the company was taking to repair the problems it had. The dividend cut was great and the company had a more definite plan to address the debt load. Specifically, we said,

This author is very popular among the auditory. He has 37478 followers

Trapping Value is the contributor of experts community since 2017 and has a great number of published articles – 1664.


One more noteworthy article is written by George Atuan, CFA under the title

“Algonquin Power & Utilities Faces Challenging Future That May Limit Returns”

on February 22 (2023) and has 0 likes. The expert reflects Neutral trend of the market.

Нis theses make you think about whether to add AQN stocks to your investment portfolio or not, and helps to work out your own Algonquin Power & Utilities stock selling strategies:

  • Algonquin Power & Utilities owns and operates various regulated and non-regulated power assets, including utilities for generation, distribution, and transmission.
  • The company plans to improve its business by reducing costs, maintaining its credit rating, minimizing the need for new equity financing, and focusing on organic growth.
  • AQN will reduce its dividend by 40% and suspend its DRIP program, sell assets worth $1 billion, and pursue the acquisition of Kentucky Power.
  • My target value is $8 per share, based on a DCF model using a cost of capital of 6.4%. I would stay away till more news on Kentucky Power and the divestitures.

George Atuan, CFA starts analysis with such words:

Algonquin Power & Utilities Corp. (NYSE:AQN) (TSX:AQN:CA) owns and operates a range of regulated and non-regulated power assets, including generation, distribution, and transmission utilities. On January 12, AQN provided an investor update where they presented their plans to improve their business by reducing costs, maintaining their credit rating, and minimizing the need for new equity financing. One of the key actions they will take is a 40% reduction in dividends and suspending their DRIP program. They also plan to sell assets worth $1 billion and continue to pursue the acquisition of Kentucky Power (‘KP’).

George Atuan, CFA has already 1145 followers, which shows, he is the one who cares for his words.
The contributor of experts community since 2015. Has published at least 100 articles.


Another analysis presented by Yannick Frey came out on February 20 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for AQN stocks. It sounds like

“Algonquin: Too Early To Get In”

Article has got 0 likes at the moment and forecasting Neutral trend of the market.

Summarizing the information presented in the review concerning the Algonquin Power & Utilities Corp., the expert says the following:

  • Algonquin’s stock is currently under pressure and offers a favorable stock valuation compared to its historical valuation and compared to others in the industry.
  • Algonquin’s financial strength has weakened and therefore the company will sell assets, reduce its dividend and cancel its dividend reinvestment plan.
  • Since historical financial performance has not been pretty, I am somewhat skeptical about the future.
  • I think it is too early to get in, a good time to get in is when the debt ratios are more favorable after the sale of the assets.

And here, what comes first:

Introduction When I see rising dividends per share, a high dividend yield and a low stock price, I always try to see if this is a good buying opportunity. Algonquin Power & Utilities (NYSE:AQN) offers a high dividend yield of 9.2%, but risks loom over the future dividend.

Yannick Frey has already 1060 followers, which shows, he is the one who cares for his words.
The contributor of experts community since 2021. Has already 119 analytic reviews published.


The Share Price of Algonquin Power & Utilities Corp. (AQN) for now

What analysts predict: $9.26
52-week high/low: $15.13 / $6.28

50/200 Day Moving Average: $7.49 / $10.43

The average stock price over the previous 50/200 days. For Algonquin Power & Utilities stocks, the 50-day moving average is the resistance level for now. For AQN stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for AQN stock with charts and tables

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