Alert: Negative Investment/Fundamental Signals (3/8/24)-Atlantica Sustainable Infrastruc (NASDAQ: AY)

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Atlantica Sustainable Infrastruc (NASDAQ: AY) suffers from significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected Atlantica Sustainable Infrastruc (NASDAQ: AY): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AY is expected to continue to be a modest Value Builder.

Atlantica Sustainable Infrastruc has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Atlantica Sustainable Infrastruc has a slightly negative Appreciation Score of 35 and a poor Power Rating of 23, resulting in the Lowest Value Trend Rating.

Recent Price Action

On 3/8/24, Atlantica Sustainable Infrastruc (NASDAQ: AY) stock increased 1.6%, closing at $18.44. This advance was accompanied by normal trading volume. The stock has risen 2.7% during the last week but has been weak relative to the market over the last nine months.

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