Northland Power Stock Buy Hold or Sell Recommendation
| NPI Stock | CAD 18.95 0.39 2.02% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Northland Power is 'Hold'. The recommendation algorithm takes into account all of Northland Power's available fundamental, technical, and predictive indicators you will find on this site.
Check out Northland Power Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Northland and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Northland Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Northland |
Execute Northland Power Buy or Sell Advice
The Northland recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northland Power. Macroaxis does not own or have any residual interests in Northland Power or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northland Power's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Northland Power Trading Alerts and Improvement Suggestions
| Northland Power is unlikely to experience financial distress in the next 2 years | |
| Northland Power has accumulated 878.6 M in total debt with debt to equity ratio (D/E) of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northland Power has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northland Power until it has trouble settling it off, either with new capital or with free cash flow. So, Northland Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northland Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northland to invest in growth at high rates of return. When we think about Northland Power's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Financial Trading Report - Stock Traders Daily |
Northland Power Returns Distribution Density
The distribution of Northland Power's historical returns is an attempt to chart the uncertainty of Northland Power's future price movements. The chart of the probability distribution of Northland Power daily returns describes the distribution of returns around its average expected value. We use Northland Power price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northland Power returns is essential to provide solid investment advice for Northland Power.
| Mean Return | 0.05 | Value At Risk | -3.17 | Potential Upside | 2.89 | Standard Deviation | 1.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northland Power historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Northland Power Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 166.8M | 238.7M | 626.1M | (657.4M) | (126.9M) | (120.6M) | |
| Free Cash Flow | 1.1B | 1.1B | 1.3B | 343.1M | 476.8M | 500.6M | |
| Other Non Cash Items | 353.8M | 347.3M | (143.3M) | 799.5M | 264.2M | 155.4M | |
| Dividends Paid | 231.6M | 183.6M | 208.1M | 211.2M | 206.7M | 124.0M | |
| Capital Expenditures | 226.6M | 469.8M | 523.1M | 442.2M | 552.2M | 484.3M | |
| Net Income | 485.1M | 269.9M | 955.5M | (96.1M) | 271.8M | 144.9M | |
| End Period Cash Flow | 435.0M | 673.7M | 1.3B | 642.5M | 613.3M | 644.0M | |
| Depreciation | 572.9M | 636.0M | 624.7M | 652.6M | 673.7M | 367.0M | |
| Net Borrowings | 76.1M | (51.2M) | (682.0M) | (706.8M) | (636.1M) | (604.3M) | |
| Change To Netincome | 382.3M | 379.3M | 458.7M | 62.5M | 71.9M | 68.3M | |
| Investments | (839.3M) | (1.0B) | (629.7M) | (1.9B) | (448.8M) | (471.3M) |
Northland Power Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northland Power or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northland Power's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northland stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | 0.08 |
Northland Power Volatility Alert
Northland Power has relatively low volatility with skewness of 0.46 and kurtosis of 1.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northland Power's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northland Power's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Northland Power Fundamentals Vs Peers
Comparing Northland Power's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northland Power's direct or indirect competition across all of the common fundamentals between Northland Power and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northland Power or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Northland Power's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northland Power by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Northland Power to competition |
| Fundamentals | Northland Power | Peer Average |
| Return On Equity | 0.0822 | -0.31 |
| Return On Asset | 0.0394 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.39 % | (5.51) % |
| Current Valuation | 11.68 B | 16.62 B |
| Shares Outstanding | 261 M | 571.82 M |
| Shares Owned By Insiders | 0.09 % | 10.09 % |
| Shares Owned By Institutions | 45.70 % | 39.21 % |
| Number Of Shares Shorted | 4.57 M | 4.71 M |
| Price To Earning | 22.66 X | 28.72 X |
| Price To Book | 1.22 X | 9.51 X |
| Price To Sales | 2.10 X | 11.42 X |
| Revenue | 2.35 B | 9.43 B |
| Gross Profit | 1.71 B | 27.38 B |
| EBITDA | 1.53 B | 3.9 B |
| Net Income | 271.82 M | 570.98 M |
| Cash And Equivalents | 1.3 B | 2.7 B |
| Cash Per Share | 2.03 X | 5.01 X |
| Total Debt | 878.6 M | 5.32 B |
| Debt To Equity | 4.12 % | 48.70 % |
| Current Ratio | 0.82 X | 2.16 X |
| Book Value Per Share | 15.55 X | 1.93 K |
| Cash Flow From Operations | 1.03 B | 971.22 M |
| Short Ratio | 3.70 X | 4.00 X |
| Earnings Per Share | 1.03 X | 3.12 X |
| Price To Earnings To Growth | 1.64 X | 4.89 X |
| Target Price | 27.82 | |
| Beta | 0.46 | -0.15 |
| Market Capitalization | 4.95 B | 19.03 B |
| Total Asset | 13.6 B | 29.47 B |
| Retained Earnings | (1.2 B) | 9.33 B |
| Working Capital | 60.97 M | 1.48 B |
| Current Asset | 593.29 M | 9.34 B |
Northland Power Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northland . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Northland Power Buy or Sell Advice
When is the right time to buy or sell Northland Power? Buying financial instruments such as Northland Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Northland Stock
Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.