While Hannon Armstrong Sustainable Infrastructure capital Inc has underperformed by -0.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HASI fell by -14.60%, with highs and lows ranging from $29.88 to $13.22, whereas the simple moving average jumped by 2.38% in the last 200 days.
On November 28, 2023, Goldman started tracking Hannon Armstrong Sustainable Infrastructure capital Inc (NYSE: HASI) recommending Neutral. A report published by Mizuho on November 21, 2023, Initiated its previous ‘Buy’ rating for HASI. Exane BNP Paribas also rated HASI shares as ‘Outperform’, setting a target price of $29 on the company’s shares in an initiating report dated October 20, 2023. Citigroup initiated its ‘Neutral’ rating for HASI, as published in its report on August 18, 2023. BofA Securities’s report from August 15, 2023 suggests a price prediction of $27 for HASI shares, giving the stock a ‘Buy’ rating. BofA Securities also rated the stock as ‘Neutral’.
Analysis of Hannon Armstrong Sustainable Infrastructure capital Inc (HASI)
Investors in Hannon Armstrong Sustainable Infrastructure capital Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.60 per share. Further, the quarter-over-quarter increase in sales is 48.50%, showing a positive trend in the upcoming months.
One of the most important indicators of Hannon Armstrong Sustainable Infrastructure capital Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 7.95% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and HASI is recording 931.81K average volume. On a monthly basis, the volatility of the stock is set at 3.45%, whereas on a weekly basis, it is put at 3.71%, with a loss of -7.94% over the past seven days. Furthermore, long-term investors anticipate a median target price of $33.92, showing growth from the present price of $24.34, which can serve as yet another indication of whether HASI is worth investing in or should be passed over.
How Do You Analyze Hannon Armstrong Sustainable Infrastructure capital Inc Shares?
The REIT – Specialty market is dominated by Hannon Armstrong Sustainable Infrastructure capital Inc (HASI) based in the USA. When comparing Hannon Armstrong Sustainable Infrastructure capital Inc shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.31, there is a growth in quarterly earnings of 430.01%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.03%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 102.81% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HASI shares are owned by institutional investors to the tune of 102.81% at present.
