Currently, Avista Corp [AVA] is trading at $38.64, up 2.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AVA shares have gain 1.87% over the last week, with a monthly amount glided 1.74%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Mizuho upgraded its rating to Neutral on May 03, 2024, and kept the price target unchanged to $36. On January 22, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $34 on the stock. KeyBanc Capital Markets upgraded its rating to a Sector Weight. Mizuho downgraded its rating to a Underperform and reduced its price target to $38 on February 09, 2023. Mizuho downgraded its rating to Neutral for this stock on November 02, 2022, and downed its price target to $40. In a note dated November 01, 2022, KeyBanc Capital Markets downgraded an Underweight rating on this stock but restated the target price of $33.
This stock has fluctuated between a low of $31.91 and a high of $39.99 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $37.75 within the next 12 months. Avista Corp [NYSE: AVA] shares were valued at $38.64 at the most recent close of the market. An investor can expect a potential drop of -2.3% based on the average AVA price forecast.
Analyzing the AVA fundamentals
Trailing Twelve Months sales for Avista Corp [NYSE:AVA] were 1.92B which represents 3.72% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.98 points at the first support level, and at 37.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.06, and for the 2nd resistance point, it is at 39.48.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Avista Corp [NYSE:AVA] is 0.75. Further, the Quick Ratio stands at 0.48, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 15.35.
Transactions by insiders
Recent insider trading involved MEYER DAVID J, Officer, that happened on Aug 27 ’24 when 2400.0 shares were purchased. Vice President, MEYER DAVID J completed a deal on Aug 27 ’24 to sell 2400.0 shares. Meanwhile, Senior Vice President Cox Bryan Alden sold 1716.0 shares on Jun 06 ’24.
