HA Sustainable Infrastructure Capital Inc. (NYSE: HASI) is 22.55% higher on its value in year-to-date trading and has touched a low of $13.22 and a high of $36.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HASI stock was last observed hovering at around $34.75 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $33.80, the stock is 0.49% and 4.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -2.73% at the moment leaves the stock 18.02% off its SMA200. HASI registered 44.01% gain for a year compared to 6-month gain of 26.45%. The firm has a 50-day simple moving average (SMA 50) of $32.4816 and a 200-day simple moving average (SMA200) of $28.68225.
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The stock witnessed a 1.56% loss in the last 1 month and extending the period to 3 months gives it a 13.08%, and is -3.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.81% over the month.
HA Sustainable Infrastructure Capital Inc. (HASI) has around 139 employees, a market worth around $3.95B and $376.77M in sales. Current P/E ratio is 15.73 and Fwd P/E is 13.04. Profit margin for the company is 68.79%. Distance from 52-week low is 155.67% and -6.50% from its 52-week high. The company has generated returns on investments over the last 12 months (4.08%).
HA Sustainable Infrastructure Capital Inc. quarterly earnings per share for the current quarter are estimated at 0.54 with sales reaching $79.94M over the same period.The EPS is expected to grow by 8.70% this year, but quarterly earnings will post 80.60% year-over-year. Quarterly sales are estimated to grow 47.20% in year-over-year returns.
532.0 institutions hold shares in HA Sustainable Infrastructure Capital Inc. (HASI), with institutional investors hold 108.55% of the company’s shares. The shares outstanding are 116.75M, and float is at 114.34M with Short Float at 11.40%. Institutions hold 105.90% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 17.56 million shares valued at $519.92 million. The investor’s holdings represent 15.3633 of the HASI Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 12.71 million shares valued at $376.35 million to account for 11.121 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.68 million shares representing 11.0924 and valued at over $375.39 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 4.2037 of the shares totaling 4.81 million with a market value of $142.26 million.
HA Sustainable Infrastructure Capital Inc. (HASI) Insider Activity
The most recent transaction is an insider sale by Eckel Jeffrey, the company’s Executive Chair. SEC filings show that Eckel Jeffrey sold 109,670 shares of the company’s common stock on Sep 13 ’24 at a price of $34.92 per share for a total of $3.83 million. Following the sale, the insider now owns 0.47 million shares.
HA Sustainable Infrastructure Capital Inc. disclosed in a document filed with the SEC on Sep 16 ’24 that Eckel Jeffrey (Executive Chair) sold a total of 36,330 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $34.75 per share for $1.26 million. Following the transaction, the insider now directly holds 0.44 million shares of the HASI stock.
Still, SEC filings show that on Sep 13 ’24, JEFFREY W. ECKEL REVOCABLE TRU (Officer) Proposed Sale 146,000 shares at an average price of $34.92 for $5.1 million. The insider now directly holds shares of HA Sustainable Infrastructure Capital Inc. (HASI).
