Added to YB: 2025-01-30
Pitch date: 2024-12-15
AQN [bullish]
Algonquin Power & Utilities Corp.
+30.86%
current return
Author Info
No bio for this author
Company Info
Algonquin Power & Utilities Corp. operates in the power and utility industries. The company owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.
Market Cap
CAD 4.3B
Pitch Price
CAD 4.25
Price Target
6.40 (+15%)
Dividend
4.65%
EV/EBITDA
13.85
P/E
61.79
EV/Sales
4.71
Sector
Multi-Utilities
Category
value
Algonquin Power & Utilities Corp. - $AQN
AQN: Regulated utility post-renewables sale. 48% upside to $6.40 (1.3x rate base). 2026E EPS $0.40, 16x P/E target. 5.8% dividend yield. Catalysts: Q1 '25 sale close, guidance in March. New management, Starboard involvement. Risks: investor fatigue, TSX60 exclusion, rate case delays.
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