Hannon Armstrong Sustainable Infrastructure capital Inc [NYSE: HASI] gained 16.27% or 4.26 points to close at $30.45 with a heavy trading volume of 3340581 shares.
The daily chart for HASI points out that the company has recorded 49.63% gains over the past six months.
If we look at the average trading volume of 891.41K shares, HASI reached to a volume of 3340581 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Hannon Armstrong Sustainable Infrastructure capital Inc [HASI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HASI shares is $34.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HASI stock is a recommendation set at 1.54. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Hannon Armstrong Sustainable Infrastructure capital Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 28, 2023. While these analysts kept the previous recommendation, Mizuho raised their target price to Buy. The new note on the price target was released on November 21, 2023, representing the official price target for Hannon Armstrong Sustainable Infrastructure capital Inc stock. Previously, the target price had yet another raise to $29, while Exane BNP Paribas analysts kept a Outperform rating on HASI stock.
The Average True Range (ATR) for Hannon Armstrong Sustainable Infrastructure capital Inc is set at 1.21, with the Price to Sales ratio for HASI stock in the period of the last 12 months amounting to 9.72. The Price to Book ratio for the last quarter was 1.56, with the Price to Cash per share for the same quarter was set at 0.54. Price to Free Cash Flow for HASI in the course of the last twelve months was 26.68.
Trading performance analysis for HASI stock
Hannon Armstrong Sustainable Infrastructure capital Inc [HASI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.64. With this latest performance, HASI shares gained by 7.48% in over the last four-week period, additionally plugging by 49.63% over the last 6 months – not to mention a rise of 19.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HASI stock in for the last two-week period is set at 72.29, with the RSI for the last a single of trading hit 80.03, and the three-weeks RSI is set at 67.16 for Hannon Armstrong Sustainable Infrastructure capital Inc [HASI]. The present Moving Average for the last 50 days of trading for this stock 26.03, while it was recorded at 26.78 for the last single week of trading, and 23.72 for the last 200 days.
Hannon Armstrong Sustainable Infrastructure capital Inc [HASI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HASI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hannon Armstrong Sustainable Infrastructure capital Inc go to 8.60%.
An analysis of Institutional ownership at Hannon Armstrong Sustainable Infrastructure capital Inc [HASI]
The top three institutional holders of HASI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in HASI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in HASI stock with ownership which is approximately 5.8386%.
