Stocks of HA Sustainable Infrastructure Capital Inc (NYSE:HASI) traded higher last session on Wall Street, up 1.58% to $27.72.
HASI stock price is now -10.64% away from the 50-day moving average and -9.61% away from the 200-day moving average. The market capitalization of the company currently stands at $3.28B.
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On September 04, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $39, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, Pangburn Marc T., Chief Financial Officer bought 3,500 shares of the company’s stock on Nov 11 ’24. The stock was bought for $100,485 at an average price of $28.71. Upon completion of the transaction, the Chief Financial Officer now directly owns 56,791 shares in the company, valued at $1.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Executive Chair Eckel Jeffrey sold 109,670 shares of the business’s stock. A total of $3,829,676 was realized by selling the stock at an average price of $34.92. This leaves the insider owning 473,049 shares of the company worth $13.11 million. A total of 1.97% of the company’s stock is owned by insiders.
During the past 12 months, HA Sustainable Infrastructure Capital Inc has had a low of $21.77 and a high of $36.56. According to the stock market information, the enterprise value for the company is $7437187584, which is based on a 15.56 price-to-earnings ratio, a 1.52 price-to-earnings-growth ratio, and a beta of 1.93. The fifty day moving average price for HASI is $31.1666 and a two-hundred day moving average price translates $30.6589 for the stock.
The latest earnings results from HA Sustainable Infrastructure Capital Inc (NYSE: HASI) was released for 2024-09-30. The net profit margin was 59.07% and return on equity was 10.11% for HASI. The company reported revenue of $81.97 million for the quarter, compared to $89.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.78 percent. For the current quarter, analysts expect HASI to generate $34.33M in revenue.
