As the market continues its remarkable rally in June, some investors might suppose that opportunities for substantial gains have diminished. Generally, I would agree. That said, the truth is that many names across various industries remain undervalued. Some, in fact, are high-yield dividend stocks with the potential for significant price appreciation.In this article, we will explore three high-yield dividend stocks that offer yields exceeding 6% while trading at rather discounted valuation multiples relativ ...

Traditional sources of energy, including fossil fuels, aren’t going anywhere anytime soon. However, the landscape is rapidly evolving, with renewables making significant progress in capturing market share and investor attention. In fact, as the global demand for energy continues to escalate rapidly, renewable sources are emerging. They are becoming formidable contenders to meet this ever-growing need sustainably.During this transition, it’s beneficial for investors to not only consider the renewable energy ...

Atlantica Enters into Agreement to be Acquired by Energy Capital Partners and Co-Investors May 28, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it has entered into a definitive agreement (the "Transaction Agreement") pursuant to which a private limited company incorporated in England and Wales ("Bidco") has agreed, subject to the terms of the Transaction Agreement, to acquire 100% of the shares of Atlantica for $22 per share in cash. Bidco ...

As a long-term income investor, I’ve always enjoyed quality, high-yield dividend stocks. Dividend stocks offer the rare combination of income and capital growth that compensates for the missing realized income you might have if you did sell the stock. A portfolio containing high-yield dividend stocks ensures that even during retirement, as long as the company pays dividends, you will still have some spending power. To come up with the three companies on this list, the companies will all have the following c ...

Atlantica Sustainable Infrastructure Plc (NASDAQ:AY) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Santiago Seage - Chief Executive Officer, Director Francisco Martinez-Davis - Chief Financial Officer Conference Call Participants Rupert Merer - National Bank Nelson Ng - RBC Capital Markets Angie Storozynski - Seaport Mark Jarvi - CIBC Capital Markets Dimple Gosai - Bank of America Operator Welcome to Atlantica's First Quarter 2024 Financial Results Conference Call. Just a rem ...

Atlantica Sustainable Infrastructure (AY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 58.33%. A quarter ago, it was expected that this owner of electric power assets would post a loss of $0.23 per share when it actually produced earnings of $0.02, delivering a surprise of 108.70%.Over the ...

Core Viewpoint - Atlantica Sustainable Infrastructure is set to release its financial results for the year 2024 on May 8, 2024, before market opening [1] Financial Results Announcement - The financial results will be published on Atlantica's official website [1] - A conference call and webcast will be held on May 8, 2024, at 8:00 am New York time, led by CEO Santiago Seage and CFO Francisco Martinez-Davis [1] - A replay of the conference call will be available approximately two hours after its completion on the Investor page of Atlantica's website [2] Investor Engagement - Senior management will meet with investors at various conferences: - Citi 2024 Global Energy and Utilities Conference in Boston on May 14, 2024 - EIC 2024 Investor Conference in Florida on May 22, 2024 - NBF 2024 Annual Canadian Clean Energy Conference in London on May 23, 2024 [1] Company Overview - Atlantica Sustainable Infrastructure plc operates a diversified portfolio of contracted renewable energy, storage, efficient natural gas and heat, transmission lines, and water assets across North & South America and certain EMEA markets [3]

Core Insights - Atlantica Sustainable Infrastructure (AY) is currently rated as a Strong Buy (1) according to the Zacks Rank, while Bloom Energy (BE) holds a Hold (3) rating, indicating a more favorable outlook for AY in terms of earnings estimates [2] - AY demonstrates a better valuation profile compared to BE, with a forward P/E ratio of 37.62 versus BE's 66.71, and a PEG ratio of 1.02 compared to BE's 2.67, suggesting AY is more undervalued relative to its growth potential [3] - AY's P/B ratio stands at 1.46, significantly lower than BE's 4.57, further supporting AY's position as the superior value option in the current market [3] Valuation Metrics - The forward P/E ratio for AY is 37.62, indicating a more attractive valuation compared to BE's 66.71 [3] - AY's PEG ratio of 1.02 suggests a favorable growth outlook, while BE's PEG ratio of 2.67 indicates a higher valuation relative to its growth [3] - AY's P/B ratio of 1.46 reflects a lower market value compared to its book value, contrasting with BE's P/B ratio of 4.57, which suggests overvaluation [3] Investment Outlook - AY's strong earnings outlook and favorable valuation metrics position it as a more attractive investment opportunity compared to BE, making it a better choice for value investors [2][3]

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:M/I Homes, Inc. (MHO) :  This homebuilding company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.2% over the last 60 days.Universal Health Services, Inc. (UHS) : This healthcare services provider has seen the Zacks Consensus Estimate for its current year earnings increasing 12.2% over the last 60 days.Clear Secure, Inc.(YOU) : This identity management company has seen the Zacks Consensus Estimate for ...

Atlantica Sustainable Infrastructure (AY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if ...