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Hydro One Limited (TSE:H)
TSX:H
Holding TSE:H?
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H Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$32.79 - C$48.05
Previous CloseC$47.2
Volume706.90K
Average Volume (3M)1.03M
Market Cap
C$27.57B
Enterprise ValueC$46.40B
Total Cash (Recent Filing)C$74.00M
Total Debt (Recent Filing)C$18.10B
Price to Earnings (P/E)25.5
Beta0.51
Next Earnings
Nov 08, 2024EPS Estimate
C$0.59Last Dividend Ex-Date
Sep 11, 2024Dividend Yield2.52%
Share Statistics
EPS (TTM)1.87
Shares Outstanding599,435,162
10 Day Avg. Volume1,707,892
30 Day Avg. Volume1,034,087
Standard Deviation0.04
R-Squared0.11
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.38
Price to Sales (P/S)3.53
Price to Cash Flow (P/CF)9.60
P/FCF Ratio257.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$43.17Price Target Upside-6.13% Downside
Rating ConsensusHold
Number of Analyst Covering6
Hydro One News
PremiumCompany Announcements
Hydro One Prices $1.2B Notes for Green Projects
PremiumCompany Announcements
Hydro One Posts Strong Q2 Earnings and Expands Infrastructure
PremiumCompany Announcements
Hydro One Reports Increased Earnings in 2024
PremiumPress Releases
Hydro One Reports Second Quarter ResultsPremiumPre-Earnings
Is H a Buy, Before Earnings?
PremiumCompany Announcements
Hydro One Shareholders Approve Board and AuditorsBulls Say, Bears Say
Bulls Say
Financial PerformanceNewly appointed CFRO Harry Taylor reaffirmed the 5-7% EPS guidance through 2027, that no equity is required during that timeframe, and that the financial strategy will be unchanged.
Growth PotentialH pointed to upside potential from broadband in rate base ($300-700M), Ontario LDCs tuck-ins, and more than half a dozen priority transmission lines.
Market PositionThe shares may have limited downside especially with the recent decline in 10-year bond yields, flight to defensive names, and above-average growth.
Bears Say
Stock PerformanceThe significant share outperformance vs. S&P/TSX Utilities Index drives the rating to Market Perform from Outperform.
Target PriceThe relative return to the unchanged $42 target drives the rating to Market Perform from Outperform.
ValuationThe premium P/E valuation of 21x compared to peers trading at 14-17.5x drives the rating to Market Perform from Outperform.
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Options Prices
Currently, No data available
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Ownership Overview
0.06% Insiders
2.06% Mutual Funds
5.67% Other Institutional Investors
92.21% Public Companies and
Individual Investors
H FAQ
What was Hydro One Limited’s price range in the past 12 months?
Hydro One Limited lowest stock price was C$32.79 and its highest was C$48.05 in the past 12 months.
What is Hydro One Limited’s market cap?
Currently, no data Available
When is Hydro One Limited’s upcoming earnings report date?
Hydro One Limited’s upcoming earnings report date is Nov 08, 2024 which is in 50 days.
How were Hydro One Limited’s earnings last quarter?
Hydro One Limited released its earnings results on Aug 14, 2024. The company reported C$0.49 earnings per share for the quarter, beating the consensus estimate of C$0.482 by C$0.008.
Is Hydro One Limited overvalued?
According to Wall Street analysts Hydro One Limited’s price is currently Overvalued.
Does Hydro One Limited pay dividends?
Hydro One Limited pays a Quarterly dividend of C$0.31 which represents an annual dividend yield of 2.52%. See more information on Hydro One Limited dividends here
What is Hydro One Limited’s EPS estimate?
Hydro One Limited’s EPS estimate is C$0.59.
How many shares outstanding does Hydro One Limited have?
Hydro One Limited has 599,435,200 shares outstanding.
What happened to Hydro One Limited’s price movement after its last earnings report?
Hydro One Limited reported an EPS of C$0.49 in its last earnings report, beating expectations of C$0.482. Following the earnings report the stock price went up 0.136%.
Which hedge fund is a major shareholder of Hydro One Limited?
Currently, no hedge funds are holding shares in TSE:H
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Hydro One Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$43.17 (-6.13% Downside)
C$43.17 (-6.13% Downside)
Blogger Sentiment
Bearish
TSE:H Sentiment 100%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.86%
12-Months-Change
Fundamentals
Return on Equity
9.60%
Trailing 12-Months
Asset Growth
7.27%
Trailing 12-Months
Company Description
Hydro One Limited
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.4 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business, with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.4% common equity stake.
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H Stock 12 Month Forecast
Average Price Target
C$43.17
▼(-6.13% Downside)
Technical Analysis
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