Pattern Energy Group is part of the independent utilities industry and is in the utilities sector. The company CEO is Michael M. Garland. Pattern Energy Group Inc is a power generation company based in the United States. It produces and sells electricity mainly in the United States and in Canada and Chile.



Previous Intraday Performance:

The PEGI shares had a previous change of 0.71% which opened at 22.49 and closed at 22.66. It moved to an intraday high of 22.89 and a low of 22.41.

PR Newswire:  Pattern Energy Reports Results of Director Election

Historical Performance:

Over the last five trading days, PEGI shares returned 2.58% and in the past 30 trading days it returned -1.39%. Over three months, it changed 9.00%. In one year it has changed 36.58% and within that year its 52 week high was 23.51 and its 52 week low was 16.81. PEGI stock is 34.80% above its 52 week low.

Our calculations result in a 200 day moving average of 20.17 and a 50 day moving average of 22.23. Right now, PEGI stock is trading 12.37% above its 200 day moving average.

PR Newswire:  Pattern Energy Reports Results of Director Election

Liquidity:

The company has a market cap of $2.2b with 98.5m shares outstanding and a float of 97.1m shares. Trading volume was 583,756 shares and has experienced an average volume of 699,288 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Pattern Energy Group was 1.45 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.63. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.10. The trailing twelve month EPS reported is 1.38 (trailing twelve month diluted EPS is -0.25).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-10-2019: -0.31
4thQtr 2018Reported 03-01-2019: -0.15
3rdQtr 2018Reported 11-05-2018: -0.13
2ndQtr 2018Reported 08-09-2018: 0.34
1stQtr 2018Reported 05-10-2018: 1.32

Base on our calculations, the intrinsic value per share is 51.89, which means it might be undervalued and has a margin of safety of 56.33%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of Pattern Energy Group; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 15.20% over the last twelve months.



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The beta was calculated to be 1.05.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -0.47%, profit margin is -21.41%, price-to-sales is 4.58 and price-to-book is 2.31.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 1  : Financial Safety Result
 0  : Past Performance Result
 2  : Valuation Result
 2  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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