Avista Corporation (NYSE:AVA – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday following a stronger than expected earnings report. The stock has a 200-day moving average of $39.71 and traded as high as $40.40. Avista shares last traded at $40.2180, with a volume of 1,827,586 shares changing hands.
The utilities provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). The company had revenue of $421.00 million for the quarter, compared to analyst estimates of $425.52 million. Avista had a return on equity of 7.85% and a net margin of 11.83%.
Avista News Summary
Here are the key news stories impacting Avista this week:
- Positive Sentiment: Avista said third-quarter net income increased year over year and reaffirmed its 2026 utility earnings guidance, signaling it remains on track with its outlook. Avista Q3 2026 financial results
- Negative Sentiment: Quarterly EPS was $0.38, below the $0.42 consensus estimate, and revenue of $421 million fell short of analysts’ $425.52 million forecast. The earnings misses could weigh on sentiment despite the rise in net income and maintained guidance. Avista quarterly earnings results
Wall Street Analyst Weigh In
AVA has been the subject of a number of research reports. Weiss Ratings cut Avista from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 9th. Barclays dropped their price target on Avista from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. Seven equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Avista currently has an average rating of “Hold” and an average price target of $38.75.
Read Our Latest Stock Analysis on AVA
Insider Activity at Avista
In related news, VP Joshua Diluciano sold 4,675 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $37.24, for a total transaction of $174,097.00. Following the sale, the vice president directly owned 8,334 shares of the company’s stock, valued at $310,358.16. This trade represents a 35.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.78% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. AlphaCore Capital LLC increased its holdings in shares of Avista by 4.4% during the 3rd quarter. AlphaCore Capital LLC now owns 8,358 shares of the utilities provider’s stock valued at $293,000 after purchasing an additional 352 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Avista by 2.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 40,717 shares of the utilities provider’s stock valued at $1,428,000 after purchasing an additional 783 shares during the period. Pictet Asset Management Holding SA lifted its stake in shares of Avista by 5.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 16,778 shares of the utilities provider’s stock valued at $589,000 after purchasing an additional 928 shares during the period. Canvas Wealth Advisors LLC acquired a new position in shares of Avista in the 3rd quarter valued at $319,000. Finally, Kestra Advisory Services LLC boosted its holdings in Avista by 45.2% during the third quarter. Kestra Advisory Services LLC now owns 12,286 shares of the utilities provider’s stock worth $431,000 after buying an additional 3,824 shares in the last quarter. 85.24% of the stock is owned by institutional investors and hedge funds.
Avista Price Performance
The stock’s fifty day moving average is $36.64 and its 200-day moving average is $39.71. The stock has a market capitalization of $3.37 billion, a PE ratio of 14.52, a P/E/G ratio of 4.02 and a beta of 0.22. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.10 and a quick ratio of 0.69.
Avista Company Profile
Avista Corporation is an energy company headquartered in Spokane, Washington. Through its Avista Utilities subsidiary, the company provides regulated electric and natural gas services to residential, commercial, and industrial customers.
Avista’s electric operations serve communities in eastern Washington and northern Idaho, while its natural gas service territory includes portions of Washington, Idaho, and Oregon. The company’s utility activities include generating, purchasing, transmitting, distributing, and supplying energy, as well as maintaining the infrastructure needed to deliver those services.
The company traces its history to the founding of Washington Water Power in 1889.
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