Avista Corporation (AVA) Given Daily News Impact Score of 0.09
Headlines about Avista Corporation (NYSE:AVA) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Avista Corporation earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 47.5348784743867 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern’s rankings:
- Avista Corporation (AVA) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Avista Corporation (AVA) Announces $0.36 Quarterly Dividend (americanbankingnews.com)
- Avista Corporation (NYSE:AVA) Closed Much Higher Than Its 50 Day Moving Average (highlightpress.com)
- Avista Corporation (AVA) Cut to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Williams Capital Comments on Avista Corporation’s FY2017 Earnings (AVA) (americanbankingnews.com)
A number of equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Avista Corporation from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Tuesday, June 20th. Williams Capital cut shares of Avista Corporation from a “hold” rating to a “sell” rating and lifted their target price for the stock from $38.00 to $42.00 in a research report on Thursday, July 20th. BidaskClub cut shares of Avista Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 28th. Finally, BMO Capital Markets restated a “hold” rating and set a $53.00 target price on shares of Avista Corporation in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Avista Corporation has a consensus rating of “Hold” and a consensus target price of $47.75.
Avista Corporation (AVA) opened at 51.49 on Friday. The firm’s 50-day moving average is $48.24 and its 200-day moving average is $42.53. The firm has a market cap of $3.32 billion, a PE ratio of 24.35 and a beta of 0.42. Avista Corporation has a 12 month low of $37.78 and a 12 month high of $52.83.
Avista Corporation (NYSE:AVA) last posted its quarterly earnings data on Wednesday, August 2nd. The utilities provider reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by $0.03. Avista Corporation had a net margin of 9.35% and a return on equity of 8.19%. The business had revenue of $314.50 million for the quarter, compared to the consensus estimate of $326.33 million. During the same quarter last year, the business posted $0.43 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Equities analysts expect that Avista Corporation will post $1.93 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.3575 per share. This represents a $1.43 annualized dividend and a dividend yield of 2.78%. Avista Corporation’s dividend payout ratio (DPR) is 67.77%.
Avista Corporation Company Profile
Avista Corporation is an electric and natural gas utility company. The Company operates through two segments: Avista Utilities, and Alaska Electric Light and Power Company (AEL&P). The Company’s regional services include government and higher education, medical services, retail trade and finance. The Company’s businesses also include sheet metal fabrication, venture fund investments, real estate investments, a company that explores markets that could be served with liquefied natural gas (LNG), as well as certain other investments of Avista Capital, which is a subsidiary of the Company.
Receive News & Stock Ratings for Avista Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avista Corporation and related stocks with our FREE daily email newsletter.