Avista (NYSE:AVA) Stock Price Passes Above 200-Day Moving Average – Here’s Why
by Teresa Graham · The Cerbat GemAvista Corporation (NYSE:AVA – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $40.46 and traded as high as $41.50. Avista shares last traded at $40.9490, with a volume of 488,650 shares trading hands.
Analyst Ratings Changes
Several analysts have issued reports on AVA shares. Barclays cut their price objective on Avista from $42.00 to $39.00 and set an “equal weight” rating on the stock in a report on Monday, June 15th. Wells Fargo & Company set a $39.00 target price on shares of Avista in a report on Tuesday, April 21st. Weiss Ratings raised shares of Avista from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 1st. Wall Street Zen upgraded shares of Avista from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Zacks Research upgraded shares of Avista from a “strong sell” rating to a “hold” rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Avista has an average rating of “Hold” and a consensus target price of $39.75.
Check Out Our Latest Stock Analysis on Avista
Avista Stock Up 1.7%
The company has a debt-to-equity ratio of 1.01, a current ratio of 0.90 and a quick ratio of 0.60. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 16.60, a P/E/G ratio of 3.83 and a beta of 0.24. The business has a fifty day moving average of $41.10 and a 200 day moving average of $40.47.
Avista (NYSE:AVA – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The company had revenue of $570.00 million during the quarter, compared to analysts’ expectations of $643.55 million. Avista had a return on equity of 7.65% and a net margin of 10.75%.The business’s quarterly revenue was down 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 earnings per share. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. On average, equities analysts predict that Avista Corporation will post 2.59 earnings per share for the current year.
Avista Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Tuesday, May 19th were issued a $0.4925 dividend. This represents a $1.97 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, May 19th. Avista’s payout ratio is 78.49%.
Insider Transactions at Avista
In other Avista news, SVP Wayne O. Manuel sold 1,593 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $40.98, for a total transaction of $65,281.14. Following the transaction, the senior vice president owned 10,521 shares in the company, valued at $431,150.58. This trade represents a 13.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.78% of the stock is owned by insiders.
Institutional Trading of Avista
Large investors have recently modified their holdings of the company. Moors & Cabot Inc. raised its holdings in Avista by 2.5% in the 4th quarter. Moors & Cabot Inc. now owns 10,182 shares of the utilities provider’s stock worth $392,000 after acquiring an additional 251 shares during the period. Lido Advisors LLC boosted its holdings in Avista by 3.3% during the fourth quarter. Lido Advisors LLC now owns 7,941 shares of the utilities provider’s stock valued at $302,000 after acquiring an additional 251 shares during the period. Allworth Financial LP boosted its holdings in Avista by 14.4% during the fourth quarter. Allworth Financial LP now owns 2,020 shares of the utilities provider’s stock valued at $78,000 after acquiring an additional 255 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Avista by 14.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,279 shares of the utilities provider’s stock valued at $88,000 after purchasing an additional 283 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Avista by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 18,621 shares of the utilities provider’s stock worth $718,000 after purchasing an additional 300 shares during the period. 85.24% of the stock is owned by institutional investors.
Avista Company Profile
Avista Corporation operates as an integrated energy company providing electric and natural gas delivery services to residential, commercial and industrial customers in the Pacific Northwest. Through its regulated utility operations, the company maintains and upgrades an extensive transmission and distribution network, delivering reliable energy to approximately 400,000 electric customers and 324,000 natural gas customers across Washington, Oregon and Idaho. In addition to its core utility business, Avista invests in owned generation assets, including hydroelectric, natural gas–fired, coal and wind facilities, to support system reliability and long-term supply planning.
Founded in 1889 as the Spokane and Inland Empire Water Power Company, the business adopted the Avista name in 1999 to reflect its growing energy portfolio and strategic focus on innovation.