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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Hydro One Limited    H   CA4488112083

HYDRO ONE LIMITED

(H)
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Hydro One Limited : The underlying trend is in force again

11/20/2020 | 02:18am EST
11/20/2020 | 02:18am EST
long trade
Live
Entry price : 28.5CAD | Target : 30.04CAD | Stop-loss : 27.47CAD | Potential : 5.4%
The timing appears opportune to go long in shares of Hydro One Limited as we anticipate another pick-up in the underlying trend.
Investors have an opportunity to buy the stock and target the CAD 30.04.
Hydro One Limited : Hydro One Limited : The underlying trend is in force again
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • The company returns high margins, thereby supporting business profitability.
  • Considering the small differences between the analysts' various estimates, the group's business visibility is good.
  • The group usually releases upbeat results with huge surprise rates.
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 27.06 CAD

Weaknesses
  • One of the major weak points of the company is its financial situation.
  • With an enterprise value anticipated at 4.42 times the sales for the current fiscal year, the company turns out to be overvalued.
Ratings chart
Subsector Electric Utilities - NEC
1st jan.Capitalization (M$)Investor Rating
HYDRO ONE LIMITED17.46%13 524
NEXTERA ENERGY25.49%148 831
ENEL S.P.A.19.77%102 493
IBERDROLA, S.A.23.04%82 394
ORSTED A/S59.58%73 891
DUKE ENERGY CORPORATION5.42%70 762
DOMINION ENERGY, INC.-4.12%64 784
SOUTHERN COMPANY-4.41%64 315
AMERICAN ELECTRIC POWER-9.67%42 377
EXELON CORPORATION-7.39%41 189
XCEL ENERGY7.28%35 789
More Results

© Zonebourse.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 6 918 M 5 322 M 5 322 M
Net income 2020 1 795 M 1 381 M 1 381 M
Net Debt 2020 13 330 M 10 256 M 10 256 M
P/E ratio 2020 9,90x
Yield 2020 3,41%
Capitalization 17 604 M 13 524 M 13 544 M
EV / Sales 2020 4,47x
EV / Sales 2021 4,37x
Nbr of Employees 5 730
Free-Float 52,7%
Upcoming event on HYDRO ONE LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 30,75 CAD
Last Close Price 29,46 CAD
Spread / Highest target 18,8%
Spread / Average Target 4,38%
Spread / Lowest Target -11,7%
EPS Revisions
Managers
NameTitle
Mark Poweska President, Chief Executive Officer & Director
Timothy E. Hodgson Chairman
David Lebeter Chief Operating Officer
Christopher Lopez Chief Financial Officer
Brad Mitchell Bowness Chief Information Officer