Avista Corp [NYSE: AVA] price surged by 1.39 percent to reach at $0.5.
The one-year AVA stock forecast points to a potential upside of 7.26. The average equity rating for AVA stock is currently 2.83, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Avista Corp [AVA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVA shares is $39.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVA stock is a recommendation set at 2.83. 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.
Jefferies have made an estimate for Avista Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Underperform. The new note on the price target was released on September 12, 2024, representing the official price target for Avista Corp stock. Previously, the target price had yet another raise to $36, while Mizuho analysts kept a Neutral rating on AVA stock.
The Average True Range (ATR) for Avista Corp is set at 0.73, with the Price to Sales ratio for AVA stock in the period of the last 12 months amounting to 1.50. The Price to Book ratio for the last quarter was 1.14, with the Price to Cash per share for the same quarter was set at 0.12.
AVA Stock Performance Analysis:
Avista Corp [AVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.25. With this latest performance, AVA shares dropped by -1.91% in over the last four-week period, additionally plugging by 6.50% over the last 6 months – not to mention a rise of 0.03% 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 AVA stock in for the last two-week period is set at 48.21, with the RSI for the last a single of trading hit 50.72, and the three-weeks RSI is set at 47.22 for Avista Corp [AVA]. The present Moving Average for the last 50 days of trading for this stock 37.28, while it was recorded at 36.15 for the last single week of trading, and 36.96 for the last 200 days.
Insight into Avista Corp Fundamentals:
Avista Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.48 and a Current Ratio set at 0.75.
AVA Stock EPS
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 AVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Avista Corp go to 5.36%.
Avista Corp [AVA] Institutonal Ownership Details
There are presently around $89.06%, or 89.84%% of AVA stock, in the hands of institutional investors. The top three institutional holders of AVA stocks are: BLACKROCK INC. with ownership of 14.75 million shares, which is approximately 18.8772%. VANGUARD GROUP INC, holding 9.71 million shares of the stock with an approximate value of $$336.1 million in AVA stocks shares; and VANGUARD GROUP INC, currently with $$164.92 million in AVA stock with ownership which is approximately 6.0964%.
