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AltaGas Ltd. (DE:AQ3)
FRANKFURT:AQ3
AltaGas (AQ3) Stock Price & Analysis
0 Followers
AQ3 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€14.42 - €21.05
Previous Close€20
Volume0.00
Average Volume (3M)47.00
Market Cap
€5.77B
Enterprise Value€12.09B
Total Cash (Recent Filing)C$95.00M
Total Debt (Recent Filing)C$9.14B
Price to Earnings (P/E)14.1
Beta0.45
Next Earnings
Jul 25, 2024EPS EstimateN/A
Last Dividend Ex-Date
Mar 14, 2024Dividend Yield3.79%
Share Statistics
EPS (TTM)1.42
Shares Outstanding295,327,138
10 Day Avg. Volume0
30 Day Avg. Volume47
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)4.61
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)14.50
P/FCF Ratio9.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€23.57Price Target Upside17.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
AltaGas News
PremiumCompany Announcements
AltaGas Ltd. Directors Elected with Strong Support
PremiumCompany Announcements
AltaGas Reports Strong Start with Record Exports
PremiumCompany Announcements
AltaGas Ltd. Schedules Q1 Results and Shareholders Meeting
PremiumCompany Announcements
AltaGas Completes $600 Million Note Offerings
PremiumCompany Announcements
AltaGas Ltd. Issues $600 Million in Notes and Dividend
PremiumCompany Announcements
AltaGas Reports Solid 2023 Financials, Affirms OutlookBulls Say, Bears Say
Bulls Say
Corporate ResilienceAltaGas demonstrates a strong track record, consistently meeting or surpassing financial expectations for five consecutive years, showcasing the company's reliability and potential for sustained growth.
Financial StabilityWith approximately 80% of AltaGas' cash flow coming from regulated and contracted sources, investors can expect a stable and low-risk financial profile, supporting the company's strategic growth initiatives.
Growth ProspectsAltaGas is actively pursuing growth opportunities, including the expansion of its unique west coast LPG export facilities, positioning the company to capitalize on increasing global market demand.
Bears Say
Analyst SentimentPrice targets for BIP, ENB, and TRP have been lowered due to their higher correlation with the GCAN 10 year and a moderating outlook for rate cuts.
Market ReactionThe market took a negative reaction in a flat/up day for the sector.
Operational ChallengesOperations for midstream coverage were negatively impacted by weather, with warm winter weather weighing on utilities results and record cold temperatures impacting producer volumes.
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Options Prices
Currently, No data available
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Ownership Overview
1.77% Insiders
4.57% Mutual Funds
8.44% Other Institutional Investors
85.22% Public Companies and
Individual Investors
AQ3 FAQ
What was AltaGas Ltd.’s price range in the past 12 months?
AltaGas Ltd. lowest stock price was €14.42 and its highest was €21.05 in the past 12 months.
What is AltaGas Ltd.’s market cap?
Currently, no data Available
When is AltaGas Ltd.’s upcoming earnings report date?
AltaGas Ltd.’s upcoming earnings report date is Jul 25, 2024 which is in 83 days.
How were AltaGas Ltd.’s earnings last quarter?
AltaGas Ltd. released its earnings results on May 02, 2024. The company reported €0.775 earnings per share for the quarter, beating the consensus estimate of €0.705 by €0.07.
Is AltaGas Ltd. overvalued?
According to Wall Street analysts AltaGas Ltd.’s price is currently Undervalued.
Does AltaGas Ltd. pay dividends?
AltaGas Ltd. pays a Quarterly dividend of €0.2 which represents an annual dividend yield of 3.79%. See more information on AltaGas Ltd. dividends here
What is AltaGas Ltd.’s EPS estimate?
AltaGas Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does AltaGas Ltd. have?
AltaGas Ltd. has 281,832,500 shares outstanding.
What happened to AltaGas Ltd.’s price movement after its last earnings report?
AltaGas Ltd. reported an EPS of €0.775 in its last earnings report, beating expectations of €0.705. Following the earnings report the stock price went down -0.99%.
Which hedge fund is a major shareholder of AltaGas Ltd.?
Currently, no hedge funds are holding shares in DE:AQ3
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AltaGas Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€23.57 (17.86% Upside)
€23.57 (17.86% Upside)
Blogger Sentiment
Bullish
DE:AQ3 Sentiment 75%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.88%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
8.70%
Trailing 12-Months
Company Description
AltaGas Ltd.
AltaGas Ltd. engages in the generation and distribution of electricity. It operates through the following segments: Gas, Power and Utilities. The Gas segment business gathers, processes, transports, stores and markets natural gas and natural gas liquids. The Power segment consists of operating conventional and renewable power including wind, run-of-river hydro and biomass. The Utilities segment involves the ownership of regulated natural gas distribution and storage utilities. The company was founded by David Wallace Cornhill in 1993 and is headquartered in Calgary, Canada.
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AQ3 Company Deck
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AQ3 Earnings Call
Q1 2024
0:00 / 0:00
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AQ3 Stock 12 Months Forecast
Average Price Target
€23.57
▲(17.86% Upside)
Technical Analysis
Best Analysts Covering AQ3
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+24.26%
reiterated a buy rating 2 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +24.26% per trade.
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