Avista Corp (NYSE: AVA) is one of 21 publicly-traded companies in the “Multiline Utilities” industry, but how does it compare to its rivals? We will compare Avista Corp to related companies based on the strength of its institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

Dividends

Avista Corp pays an annual dividend of $1.43 per share and has a dividend yield of 2.8%. Avista Corp pays out 67.8% of its earnings in the form of a dividend. As a group, “Multiline Utilities” companies pay a dividend yield of 3.0% and pay out 71.1% of their earnings in the form of a dividend. Avista Corp has increased its dividend for 14 consecutive years.

Valuation & Earnings

This table compares Avista Corp and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Avista Corp $1.46 billion $471.76 million 24.47
Avista Corp Competitors $8.13 billion $2.16 billion 21.06

Avista Corp’s rivals have higher revenue and earnings than Avista Corp. Avista Corp is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and target prices for Avista Corp and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Avista Corp 1 3 0 0 1.75
Avista Corp Competitors 361 1059 829 9 2.22

Avista Corp currently has a consensus target price of $44.00, suggesting a potential downside of 14.79%. As a group, “Multiline Utilities” companies have a potential upside of 6.08%. Given Avista Corp’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Avista Corp has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

69.7% of Avista Corp shares are held by institutional investors. Comparatively, 66.3% of shares of all “Multiline Utilities” companies are held by institutional investors. 1.1% of Avista Corp shares are held by company insiders. Comparatively, 3.1% of shares of all “Multiline Utilities” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Avista Corp has a beta of 0.45, meaning that its share price is 55% less volatile than the S&P 500. Comparatively, Avista Corp’s rivals have a beta of 0.61, meaning that their average share price is 39% less volatile than the S&P 500.

Profitability

This table compares Avista Corp and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Avista Corp 6.91% 5.18% 1.63%
Avista Corp Competitors 7.97% 7.72% 1.77%

Summary

Avista Corp rivals beat Avista Corp on 12 of the 15 factors compared.

About Avista Corp

Avista Corporation is an electric and natural gas utility company. The Company operates through two segments: Avista Utilities, and Alaska Electric Light and Power Company (AEL&P). The Company’s regional services include government and higher education, medical services, retail trade and finance. The Company’s businesses also include sheet metal fabrication, venture fund investments, real estate investments, a company that explores markets that could be served with liquefied natural gas (LNG), as well as certain other investments of Avista Capital, which is a subsidiary of the Company. Avista Utilities is an operating division of the Company, which consists of its regulated utility operations in the Pacific Northwest. Avista Utilities division generates, transmits and distributes electricity, and distributes natural gas. As of December 31, 2016, AEL&P operated five hydroelectric generation facilities with 102.7 megawatts (MW) of hydroelectric generation capacity.

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