Avista Corporation which can be found using ticker (AVA) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 50 and 32 suggesting an average Analsyt target price of $40.20. Given that the stocks previous close was at $44.27 this indicates there is a potential downside of -9.2%. The day 50 moving average is $41.56 and the 200 moving average now moves to $41.23. The market cap for the company is $3,255m. Visit the company website at: https://www.avistacorp.com
The potential market cap would be $2,956m based on the market consensus.
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services in the city and borough of Juneau, Alaska. The company generates electricity through hydroelectric, thermal, and wind facilities. It also engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
The company has a dividend yield of 4.26% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 20.4, revenue per share of 23.43 and a 1.69% return on assets.
