Analyst Ratings for Atlantica Yield PLC (ABY)

Updated: 2017-07-27

An average rating of Overweight has been given to Atlantica Yield PLC (NASDAQ:ABY) by analysts covering the stock. A consensus rating of Overweight was previously issued for ABY last month.

Of the 4 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for ABY. The most optimistic price target was 23, implying potential capital gains of 10.74 percent. The most pessimistic analyst gave a price target of 22, implying a possible loss of 5.92 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 20.2 percent on average, compared to last month. That number becomes -7.18 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 14.27 percent. If we look at the last 90 days instead, we find a net average change of -9.73 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

ABY has an estimated earnings growth rate of 550.87 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ABY has a PEG ratio of 0.4.

In the last 52-weeks, ABY has achieved a high of 22.87 and a low of 16.55. Currently the stock is 25.5 percent higher than its low, and 9.18 percent lower than its 52-week high. ABY has a P/E ratio of 218.17. Investors typically compare the P/E ratio to a company's peers in the industry. The ABY value stock report compares ABY to some of its peers using value stock charts. The stock has a market capitalization of $2.08 billion. ABY's next earnings release will be on 0000-00-00, which is days away.