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.

ABY was given price targets by several analysts. 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 20.2 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

ABY has an estimated earnings growth rate of 550.87 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of ABY is 0.4.

ABY has a 52-week high of 22.87 and a 52-week 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 will post this quarters earnings in days, on 0000-00-00.