A share price of Avista Corp [AVA] is currently trading at $38.25, up 0.82%. 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 4.03% over the last week, with a monthly amount glided 6.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Avista Corp [NYSE: AVA] stock has seen the most recent analyst activity on December 09, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $40. On May 03, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $36 on the stock. Guggenheim upgraded its rating to a Neutral but stick to its price target of $34 on January 22, 2024. KeyBanc Capital Markets upgraded its rating to a Sector Weight. Mizuho downgraded its rating to Underperform for this stock on February 09, 2023, and downed its price target to $38. In a note dated November 02, 2022, Mizuho downgraded an Neutral rating on this stock and revised its target price from $44 to $40.
Avista Corp experienced fluctuations in its stock price throughout the past year between $32.70 and $39.99. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Avista Corp [NYSE: AVA] shares were valued at $38.25 at the most recent close of the market. An investor can expect a potential return of 4.58% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.
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 37.80 points at the first support level, and at 37.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.63, and for the 2nd resistance point, it is at 39.02.
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 1.58, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 15.20.
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.
