AltaGas Ltd. (TSE:ALA)
Canadian Market

AltaGas Stock Analysis & Ratings

TSE:ALA Stock Chart & Stats

Day’s RangeC$0 - C$0
52-Week RangeC$23.20 - C$31.16
Previous CloseC$29.1
Average Volume (3M)777.40K
Market CapC$8.25B
P/E Ratio33.0
Next EarningsAug 04, 2022
Dividend Yield0.8 (3.53%)
Smart Score7
EPS (TTM)0.89



P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.



What was AltaGas’s price range in the past 12 months?
AltaGas lowest stock price was C$23.20 and its highest was C$31.16 in the past 12 months.
    What is AltaGas’s market cap?
    AltaGas’s market cap is C$8.25B.
      What is AltaGas’s price target?
      The average price target for AltaGas is C$33.21. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is C$35.01 ,the lowest forecast is C$32.01. The average price target represents 12.92% Increase from the current price of C$29.41.
        What do analysts say about AltaGas?
        AltaGas’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
          When is AltaGas’s upcoming earnings report date?
          AltaGas’s upcoming earnings report date is Aug 04, 2022 which is in 78 days.
            How were AltaGas’s earnings last quarter?
            AltaGas released its earnings results on Apr 28, 2022. The company reported C$1.01 earnings per share for the quarter, beating the consensus estimate of C$0.925 by C$0.085.
              Is AltaGas overvalued?
              According to Wall Street analysts AltaGas’s price is currently Undervalued.
                Does AltaGas pay dividends?
                AltaGas pays a Monthly dividend of C$0.26 which represents an annual dividend yield of 3.53%. AltaGas’s last Monthly dividend payment was on Jun 30, 2022. AltaGas’s upcoming ex-dividend date is Jun 15, 2022
                  What is AltaGas’s EPS estimate?
                  AltaGas’s EPS estimate for its next earnings report is not yet available.
                  How many shares outstanding does AltaGas have?
                  AltaGas has 280,540,000 shares outstanding.
                    What happened to AltaGas’s price movement after its last earnings report?
                    AltaGas reported an EPS of C$1.01 in its last earnings report, beating expectations of C$0.925. Following the earnings report the stock price went up 1.526%.
                      Which hedge fund is a major shareholder of AltaGas?
                      Among the largest hedge funds holding AltaGas’s share is Fisher Asset Management LLC. It holds AltaGas’s shares valued at 238K.


                        AltaGas Stock Analysis

                        The AltaGas stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                        Learn more about TipRanks Smart Score

                        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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