Avista Stock Buy Hold or Sell Recommendation
| AVA Stock | USD 35.79 0.21 0.59% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Avista is 'Hold'. Macroaxis provides Avista buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Avista positions. The advice algorithm takes into account all of Avista's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Avista's buy or sell advice are summarized below:
Real Value 35.91 | Target Price 37 | Hype Value 35.83 | Market Value 35.79 | Naive Value 35.59 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Avista given historical horizon and risk tolerance towards Avista. When Macroaxis issues a 'buy' or 'sell' recommendation for Avista, the advice is generated through an automated system that utilizes algorithms and statistical models.
Avista |
Execute Avista Buy or Sell Advice
The Avista recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Avista. Macroaxis does not own or have any residual interests in Avista or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Avista's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Avista Trading Alerts and Improvement Suggestions
| The company has 3.03 B in debt with debt to equity (D/E) ratio of 1.18, which is OK given its current industry classification. Avista has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avista until it has trouble settling it off, either with new capital or with free cash flow. So, Avista's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avista sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avista to invest in growth at high rates of return. When we think about Avista's use of debt, we should always consider it together with cash and equity. | |
| Avista has a strong financial position based on the latest SEC filings | |
| Over 89.0% of Avista shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Avista paid $ 0.475 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: APS, others plan 1-year delay in fines for Western Resource Adequacy Program capacity shortfalls |
Avista Returns Distribution Density
The distribution of Avista's historical returns is an attempt to chart the uncertainty of Avista's future price movements. The chart of the probability distribution of Avista daily returns describes the distribution of returns around its average expected value. We use Avista price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Avista returns is essential to provide solid investment advice for Avista.
| Mean Return | 0.1 | Value At Risk | -2.52 | Potential Upside | 2.10 | Standard Deviation | 1.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Avista historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Avista Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Avista is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avista backward and forwards among themselves. Avista's institutional investor refers to the entity that pools money to purchase Avista's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.1 M | Amvescap Plc. | 2023-12-31 | 1 M | Northern Trust Corp | 2023-12-31 | 956.8 K | Old Republic International Corp | 2023-12-31 | 597.5 K | Prudential Financial Inc | 2023-12-31 | 590.6 K | Norges Bank | 2023-12-31 | 531.3 K | Blackrock Inc | 2023-12-31 | 15 M | Vanguard Group Inc | 2023-12-31 | 9.5 M |
Avista Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (6.1M) | (868K) | (17.3M) | (22.9M) | (52.3M) | (49.7M) | |
| Change In Cash | (4.8M) | 4.3M | 8.0M | (8.7M) | 21.6M | 22.7M | |
| Free Cash Flow | (44.3M) | (73.3M) | (172.6M) | (327.8M) | (51.6M) | (49.0M) | |
| Other Non Cash Items | (68.1M) | (38.1M) | (112.5M) | (148.0M) | 4.2M | 4.0M | |
| Dividends Paid | 102.8M | 110.3M | 118.2M | 129.1M | 140.9M | 72.7M | |
| Capital Expenditures | 442.5M | 404.3M | 439.9M | 452.0M | 498.6M | 281.1M | |
| Net Income | 196.8M | 129.5M | 147.3M | 155.2M | 171.2M | 106.2M | |
| End Period Cash Flow | 9.9M | 14.2M | 22.2M | 13.4M | 35.0M | 40.7M | |
| Depreciation | 206.0M | 224.2M | 232.2M | 253.1M | 265.4M | 192.6M | |
| Change Receivables | (4.4M) | (11.0M) | (46.1M) | (56.0M) | (50.4M) | (47.9M) | |
| Net Borrowings | 83.1M | 127.4M | 218.1M | 325.8M | 374.6M | 393.4M | |
| Change To Netincome | 13.3M | 52.9M | (6.8M) | (14.1M) | (12.7M) | (12.0M) | |
| Investments | (4.4M) | 2.4M | 6.5M | (1.7M) | (488.5M) | (464.1M) |
Avista Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Avista or Multi-Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Avista's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Avista stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 1.39 | |
Ir | Information ratio | 0 |
Avista Volatility Alert
Avista has relatively low volatility with skewness of -0.16 and kurtosis of 1.62. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Avista's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Avista's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Avista Fundamentals Vs Peers
Comparing Avista's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Avista's direct or indirect competition across all of the common fundamentals between Avista and the related equities. This way, we can detect undervalued stocks with similar characteristics as Avista or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Avista's fundamental indicators could also be used in its relative valuation, which is a method of valuing Avista by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Avista to competition |
| Fundamentals | Avista | Peer Average |
| Return On Equity | 0.071 | -0.31 |
| Return On Asset | 0.0214 | -0.14 |
| Profit Margin | 0.1 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 5.79 B | 16.62 B |
| Shares Outstanding | 78.19 M | 571.82 M |
| Shares Owned By Insiders | 0.84 % | 10.09 % |
| Shares Owned By Institutions | 89.01 % | 39.21 % |
| Number Of Shares Shorted | 2.97 M | 4.71 M |
| Price To Earning | 21.14 X | 28.72 X |
| Price To Book | 1.07 X | 9.51 X |
| Price To Sales | 1.52 X | 11.42 X |
| Revenue | 1.75 B | 9.43 B |
| Gross Profit | 974.35 M | 27.38 B |
| EBITDA | 538.97 M | 3.9 B |
| Net Income | 171.18 M | 570.98 M |
| Cash And Equivalents | 13.43 M | 2.7 B |
| Cash Per Share | 0.30 X | 5.01 X |
| Total Debt | 3.03 B | 5.32 B |
| Debt To Equity | 1.18 % | 48.70 % |
| Current Ratio | 0.75 X | 2.16 X |
| Book Value Per Share | 31.83 X | 1.93 K |
| Cash Flow From Operations | 447.08 M | 971.22 M |
| Short Ratio | 5.64 X | 4.00 X |
| Earnings Per Share | 2.24 X | 3.12 X |
| Price To Earnings To Growth | 2.89 X | 4.89 X |
| Target Price | 38.25 | |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 2.78 B | 19.03 B |
| Total Asset | 7.7 B | 29.47 B |
| Retained Earnings | 841.35 M | 9.33 B |
| Working Capital | (113.36 M) | 1.48 B |
| Current Asset | 306.05 M | 9.34 B |
Note: Disposition of 7400 shares by Scott Morris of Avista at 33.47 subject to Rule 16b-3 [view details]
Avista Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Avista . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Avista Buy or Sell Advice
When is the right time to buy or sell Avista? Buying financial instruments such as Avista Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.6B | 2.9B | 3.0B | 1.6B | Total Assets | 6.9B | 7.4B | 7.7B | 5.1B |
Use Investing Ideas to Build Portfolios
In addition to having Avista in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Gambling Thematic Idea Now
Gambling
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gambling Theme or any other thematic opportunities.
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Check out Avista Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Avista Stock analysis
When running Avista's price analysis, check to measure Avista's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avista is operating at the current time. Most of Avista's value examination focuses on studying past and present price action to predict the probability of Avista's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avista's price. Additionally, you may evaluate how the addition of Avista to your portfolios can decrease your overall portfolio volatility.
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Is Avista's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avista. If investors know Avista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avista listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.034 | Dividend Share 1.84 | Earnings Share 2.24 | Revenue Per Share 22.927 | Quarterly Revenue Growth 0.014 |
The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avista's market value can be influenced by many factors that don't directly affect Avista's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.