0.25%
0.08%
-0.22%
-7.62%
10.70%
-17.26%
-28.35%
AI Spotlight on AVA
Company Description
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company.It operates in two segments, Avista Utilities and AEL&P.The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana.
This segment also engages in the wholesale purchase and sale of electricity and natural gas.The AEL&P segment offers electric services to 17,400 customers in the city and borough of Juneau, Alaska.The company generates electricity through hydroelectric, thermal, and wind facilities.
As of February 23, 2022, it provided electric service to 406,000 customers and natural gas to 372,000 customers.In addition, the company engages in venture fund investments, real estate investments, and other investments.Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
Market Data
| Last Price | 36.62 |
| Change Percentage | 0.25% |
| Open | 36.41 |
| Previous Close | 36.53 |
| Market Cap ( Millions) | 2900 |
| Volume | 583946 |
| Year High | 39.99 |
| Year Low | 31.91 |
| M A 50 | 36.96 |
| M A 200 | 37.1 |
Financial Ratios
| FCF Yield | -1.61% |
| Dividend Yield | 5.19% |
| ROE | 7.83% |
| Debt / Equity | 103.38% |
| Net Debt / EBIDTA | 436.33% |
| Price To Book | 1.14 |
| Price Earnings Ratio | 14.66 |
| Price To FCF | -61.95 |
| Price To sales | 1.51 |
| EV / EBITDA | 9.22 |
News
- Jan -30 - Avista Foundation Announces Competitive Grants Year-End Total and Fourth Quarter Awards
- Jan -22 - Avista Corp. Fourth Quarter 2024 Earnings Conference Call and Webcast Announced
- Jan -18 - January's 5 Dividend Growth Stocks With 4.57%+ Yields
- Jan -07 - Avista: Reliable Income And Growth From A Small Utility
- Jan -02 - Avista submits 2025 Electric Integrated Resource Plan
- Dec -23 - Avista Posts Updated Corporate Responsibility Report
- Dec -23 - Avista Receives Commission Decision in Washington General Rate Cases
- Nov -14 - Avista Corp. Board Declares Common Stock Dividend
- Nov -06 - Avista Corporation (AVA) Q3 2024 Earnings Conference Call Transcript
- Nov -06 - Avista (AVA) Q3 Earnings Top Estimates
- Nov -06 - Avista Corp. Reports Financial Results for the Third Quarter of 2024
- Nov -05 - Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line
- Nov -01 - Avista requests recovery of costs for providing service in Oregon
- Oct -30 - Avista (AVA) Expected to Beat Earnings Estimates: Should You Buy?
- Oct -29 - Avista Foundation awards 27 grants to support local initiatives
- Oct -28 - Post Falls boat ramp to close for the season
- Oct -24 - AVA vs. ED: Which Stock Is the Better Value Option?
- Oct -21 - Avista selected for $85 million grant for transmission line update
- Oct -20 - Avista: Slightly Undervalued, Significant Leverage And Better Protection With This Strategy
- Oct -09 - Avista Corp. Third Quarter 2024 Earnings Conference Call and Webcast Announced
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Avista Utilities
Expected Growth : 3.0 %
What the company do ?
Avista Utilities, a subsidiary of Avista Corporation, provides electricity and natural gas services to customers in the Pacific Northwest region of the United States.
Why we expect these perspectives ?
Avista Utilities' 3.0% growth is driven by increasing electricity and natural gas demand from residential and commercial customers, rate base growth through infrastructure investments, and favorable regulatory environments. Additionally, the company's focus on renewable energy sources and grid modernization efforts contribute to its growth momentum.
Segment n°2 -> Alaska Electric Light and Power Company
Expected Growth : 2.5 %
What the company do ?
Alaska Electric Light and Power Company, a subsidiary of Avista Corporation, provides electric services to Juneau, Alaska, and surrounding areas.
Why we expect these perspectives ?
Alaska Electric Light and Power Company's 2.5% growth is driven by increasing demand for electricity in the residential and commercial sectors, fueled by Alaska's growing population and economy. Additionally, investments in grid modernization and renewable energy sources, such as wind and hydroelectric power, are expected to contribute to the company's growth.
Segment n°3 -> Other
Expected Growth : 2.0 %
What the company do ?
Avista Corporation's 'Other' segment includes its non-utility operations, such as sheet metal fabrication, transportation, and other investments.
Why we expect these perspectives ?
Avista Corporation's 2.0% growth in 'Other' segment is driven by increasing demand for infrastructure services, expansion of electric transmission lines, and growing investments in renewable energy sources. Additionally, favorable regulatory environments and cost savings initiatives contribute to the segment's growth.
Avista Corporation Products
| Product Range | What is it ? |
|---|---|
| Electricity | Avista Corporation provides electricity to residential, commercial, and industrial customers in the Pacific Northwest region of the United States. |
| Natural Gas | Avista Corporation delivers natural gas to customers in Washington, Idaho, and Oregon, providing a clean and efficient source of energy. |
| Energy Efficiency Services | Avista Corporation offers energy efficiency services, including energy audits, rebates, and incentives, to help customers reduce energy consumption and costs. |
| Renewable Energy Solutions | Avista Corporation provides renewable energy solutions, including wind, solar, and hydroelectric power, to customers seeking sustainable energy options. |
| Transmission and Distribution Services | Avista Corporation operates and maintains a vast network of transmission and distribution lines, ensuring reliable and efficient energy delivery. |
Avista Corporation's Porter Forces
Threat Of Substitutes
Avista Corporation's threat of substitutes is moderate due to the availability of alternative energy sources such as solar and wind power. However, the company's strong brand presence and customer loyalty mitigate this threat to some extent.
Bargaining Power Of Customers
Avista Corporation's customers have low bargaining power due to the company's dominant market position and lack of alternative energy providers in the region.
Bargaining Power Of Suppliers
Avista Corporation's suppliers have moderate bargaining power due to the availability of alternative suppliers in the market. However, the company's long-term contracts with suppliers mitigate this threat to some extent.
Threat Of New Entrants
The threat of new entrants is low for Avista Corporation due to the high barriers to entry in the energy industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry in the energy industry is high due to the presence of several established players, including Avista Corporation. The company faces intense competition from other energy providers, which can lead to pricing pressures and reduced market share.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 54.97% |
| Debt Cost | 3.95% |
| Equity Weight | 45.03% |
| Equity Cost | 6.33% |
| WACC | 5.02% |
| Leverage | 122.06% |
Avista Corporation : Quality Control
Avista Corporation passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALE | ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural … |
| NWE | NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, … |
| AES | The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, … |
| BKH | Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The … |
| OTTR | Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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NorthWestern
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Avista
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Black Hills
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ALLETE
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Otter Tail
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6
