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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€14.17 - €21.05
Previous Close€19.1
Volume0.00
Average Volume (3M)45.00
Market Cap
€5.61B
Enterprise Value€11.88B
Total Cash (Recent Filing)C$95.00M
Total Debt (Recent Filing)C$9.14B
Price to Earnings (P/E)12.3
Beta0.45
Next Earnings
May 02, 2024EPS Estimate
€0.69Last Dividend Ex-Date
Mar 14, 2024Dividend Yield4.02%
Share Statistics
EPS (TTM)1.56
Shares Outstanding295,327,138
10 Day Avg. Volume0
30 Day Avg. Volume45
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)4.44
Price to Sales (P/S)0.44
Price to Cash Flow (P/CF)13.90
P/FCF Ratio9.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€23.00Price Target Upside20.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
AltaGas News
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 Outlook
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAltaGas has consistently met or surpassed financial expectations for five consecutive years, underlining its reliability and potential for sustained growth.
Growth PotentialAltaGas is actively pursuing growth opportunities, with a focus on natural gas and NGL production, and potential expansion of its unique west coast LPG export facilities.
Risk ManagementAltaGas is strategically hedged against fluctuations in global LPG exports and frac spreads, providing stability to earnings and protecting against downside risks.
Bears Say
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.
Stock ValuationPrice 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.
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Options Prices
Currently, No data available
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Ownership Overview
1.77% Insiders
4.51% Mutual Funds
8.80% Other Institutional Investors
84.91% 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 €14.17 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 May 02, 2024 which is in 13 days.
How were AltaGas Ltd.’s earnings last quarter?
AltaGas Ltd. released its earnings results on Mar 08, 2024. The company reported €0.512 earnings per share for the quarter, missing the consensus estimate of €0.519 by -€0.007.
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 4.02%. See more information on AltaGas Ltd. dividends here
What is AltaGas Ltd.’s EPS estimate?
AltaGas Ltd.’s EPS estimate is €0.69.
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 €0.512 in its last earnings report, missing expectations of €0.519. Following the earnings report the stock price went down -3.067%.
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:
€23.00 (20.39% Upside)
€23.00 (20.39% Upside)
Blogger Sentiment
Bullish
DE:AQ3 Sentiment 80%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth $1.3M 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
29.74%
12-Months-Change
Fundamentals
Return on Equity
8.76%
Trailing 12-Months
Asset Growth
0.64%
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
Q4 2024
0:00 / 0:00
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AQ3 Stock 12 Months Forecast
Average Price Target
€23.00
▲(20.39% Upside)
Technical Analysis
Best Analysts Covering AQ3
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+18.07%
reiterated a buy rating 3 months ago
Copying Patrick Kenny's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +18.07% per trade.
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