Atlantica Yield (AY) Earning Somewhat Positive Media Coverage, Analysis Shows

News coverage about Atlantica Yield (NASDAQ:AY) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Atlantica Yield earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 46.4228580366984 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of AY stock traded up $0.06 on Tuesday, hitting $20.14. The company’s stock had a trading volume of 393 shares, compared to its average volume of 288,556. The company has a current ratio of 2.21, a quick ratio of 2.17 and a debt-to-equity ratio of 3.07. Atlantica Yield has a fifty-two week low of $18.00 and a fifty-two week high of $25.99. The firm has a market cap of $2.03 billion, a PE ratio of -111.56 and a beta of 0.97.

Atlantica Yield (NASDAQ:AY) last released its quarterly earnings data on Monday, May 14th. The utilities provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Atlantica Yield had a negative net margin of 10.12% and a negative return on equity of 0.52%. The business had revenue of $225.27 million during the quarter. analysts forecast that Atlantica Yield will post 0.87 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 15th. Investors of record on Thursday, May 31st were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 6.36%. The ex-dividend date of this dividend was Wednesday, May 30th. This is a positive change from Atlantica Yield’s previous quarterly dividend of $0.31. Atlantica Yield’s payout ratio is presently -711.11%.

Several research firms recently issued reports on AY. BidaskClub raised shares of Atlantica Yield from a “sell” rating to a “hold” rating in a research note on Saturday, March 24th. Zacks Investment Research raised shares of Atlantica Yield from a “sell” rating to a “hold” rating in a research note on Tuesday, April 17th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $25.00.

Atlantica Yield Company Profile

Atlantica Yield plc acquires, owns, and manages renewable energy natural gas, power, electric transmission lines, and water assets in North America, South America, Spain, Algeria, and South Africa. As of December 31, 2017, it had 22 assets, including 1,446 megawatts (MW) of renewable energy generation assets comprising solar power and wind plants; 300 MW of natural gas power generation assets that produce electricity and steam from natural gas; 1,099 miles of electric transmission lines; and desalination plants with an aggregate capacity of 10.5 million cubic feet per day.

Insider Buying and Selling by Quarter for Atlantica Yield (NASDAQ:AY)

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