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.

Investment analysts gave a few price targets for ABY. The most optimistic price target was 23, which equates to a potential upside of 10.74 percent. The minimum price target given 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 20.2 percent. The average change in earnings estimates over the last 90 days is -7.18 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 14.27 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -9.73 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ABY's earnings is estimated by analysts to be 550.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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. The PEG ratio of ABY is 0.4.

In the trailing 52-weeks, ABY hit 22.87 at the highest peak, while it's lowest trading point was 16.55. The current market price is above the trailing year's low by 25.5 percent, 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.