Desjardins Has Bearish Forecast for TSE:AQN Q2 Earnings

Algonquin Power & Utilities Corp. (TSE:AQN) – Research analysts at Desjardins reduced their Q2 2025 earnings per share (EPS) estimates for Algonquin Power & Utilities in a report released on Wednesday, August 6th. Desjardins analyst B. Stadler now forecasts that the company will earn $0.05 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share.

Several other research firms have also issued reports on AQN. National Bank Financial lowered Algonquin Power & Utilities from a “strong-buy” rating to a “hold” rating and set a C$6.75 price objective on the stock. in a research note on Tuesday, June 3rd. TD Securities dropped their price objective on Algonquin Power & Utilities from C$6.50 to C$6.00 and set a “hold” rating on the stock in a research note on Monday. Finally, BMO Capital Markets lowered Algonquin Power & Utilities from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 12th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$6.38.

Algonquin Power & Utilities Price Performance

TSE:AQN opened at C$7.84 on Monday. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35. The stock’s 50 day moving average price is C$8.01 and its two-hundred day moving average price is C$7.46. The firm has a market capitalization of C$4.25 billion, a price-to-earnings ratio of -3.93, a P/E/G ratio of 1.07 and a beta of 0.52. Algonquin Power & Utilities has a 12-month low of C$6.03 and a 12-month high of C$8.56.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.