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 analyst gave a price target of 23, implying potential capital gains of 10.74 percent. The most pessimistic price target was 22, implying a possible loss of 5.92 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 14.27 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -9.73 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of ABY to grow at a rate of 550.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

ABY has traded between a high of 22.87 and a low of 16.55 over the past year. Currently the stock is 25.5 percent higher than its low, and 9.18 percent below the high. ABY has a price/earnings 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.