Atlantic Power Buy Hold or Sell Recommendation

AT -- USA Stock  

Quarterly Earning Report: November 7, 2019  

Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding Atlantic Power Corporation is 'Strong Hold'. Macroaxis provides Atlantic Power buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AT positions. The advice algorithm takes into account all of Atlantic Power available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AT buy-and-hold prospective. Check also Atlantic Power Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Atlantic PowerBuy Atlantic Power
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
For the selected time horizon Atlantic Power Corporation has a risk adjusted performance of (0.07), jensen alpha of (0.12), total risk alpha of (0.09), sortino ratio of 0.0 and treynor ratio of (0.19)
We provide buy or sell advice to complement the prevailing expert consensus on Atlantic Power. Our dynamic recommendation engine makes use of multi - dimensional algorithm to analyze the company potential to grow using all technical and fundamental data available at the time. To make sure Atlantic Power is not overpriced, please confirm all Atlantic Power fundamentals including its Number of Shares Shorted, Cash and Equivalents, Earnings Per Share, as well as the relationship between Revenue and Current Ratio . Please also double-check Atlantic Power Corporation Number of Shares Shorted to validate your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Atlantic Power Trading Alerts and Improvement Suggestions

Atlantic Power generates negative expected return over the last 30 days
Atlantic Power has high likelihood to experience some financial distress in the next 2 years
Atlantic Power has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
The company reports 674.4 M of total liabilities with total debt to equity ratio (D/E) of 353.4 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Atlantic Power has Current Ratio of 0.87 implying that it has not enough working capital to pay out debt commitments in time.
About 58.0% of Atlantic Power shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Exercise or conversion by James DAngelo of 25622 shares of Atlantic Power subject to Rule 16b-3

Atlantic Power current analysts recommendations

Target Median Price2.40
Target Mean Price2.40
Recommendation Mean2.80
Target High Price2.50
Number Of Analyst Opinions3
Target Low Price2.30

Atlantic Power Returns Distribution Density

Mean Return0.14Value At Risk3.15
Potential Upside2.48Standard Deviation1.75
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Wiley Brosaintree Capital LlcCommon Shares17 K40 K
Truvestments Capital LlcCommon Shares3001000
Morgan StanleyCommon Shares8.2 M19.7 M
Mangrove PartnersCommon Shares7.6 M18.3 M
Jpmorgan Chase CoCommon SharesM16.6 M
Neuberger Berman Group LlcCommon Shares6.6 M16 M
Blackrock IncCommon Shares5.4 M13.2 M

Atlantic Power Greeks

α
Alpha over DOW
=0.12
β
Beta against DOW=0.80
σ
Overall volatility
=1.70
Ir
Information ratio =0.07

Atlantic Power Volatility Alert

Atlantic Power Corporation exhibits very low volatility with skewness of -0.25 and kurtosis of -0.51. However, we advise investors to further study Atlantic Power Corporation technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Atlantic Power to competition

Atlantic Power Fundamental Vs Peers

FundamentalsAtlantic PowerPeer Average
Return On Equity16.74 (0.31) 
Return On Asset2.53 (0.14) 
Profit Margin11.31 (1.27) 
Operating Margin40.30 (5.51) 
Current Valuation1.05 B16.62 B
Shares Outstanding109.38 M571.82 M
Shares Owned by Insiders2.79 10.09 
Shares Owned by Institutions58.03 39.21 
Number of Shares Shorted659.9 K4.71 M
Price to Earning9.11 28.72 
Price to Book32.78 9.51 
Price to Sales0.91 11.42 
Revenue280.4 M9.43 B
Gross Profit124.2 M27.38 B
EBITDA113 M3.9 B
Net Income31.7 M570.98 M
Cash and Equivalents71.5 M2.7 B
Cash per Share0.65 5.01 
Total Debt674.4 M5.32 B
Debt to Equity353.40 48.70 
Current Ratio0.89 2.16 
Book Value Per Share0.07 1.93 K
Cash Flow from Operations71.22 M971.22 M
Short Ratio2.30 4.00 
Earnings Per Share0.26 3.12 
Price to Earnings To Growth(2.47) 4.89 
Number of Employees24618.84 K
Beta0.22-0.15
Market Capitalization256.47 M19.03 B
Total Asset1.67 B29.47 B
Retained Earnings(355.11 M)9.33 B
Working Capital68 M1.48 B
Current Asset156.9 M9.34 B
   Exercise or conversion by James DAngelo of 25622 shares of Atlantic Power subject to Rule 16b-3 [view details]

Atlantic Power Market Momentum

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