scatec solar stock forecast

have bought more shares than they have sold in the past 3 months. 48085500. Future ROE: SCATC's Return on Equity is forecast to be low in 3 years time (5.7%). The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says... Down from kr224, the current price target is an average from 4 analysts. Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Unquestioning bullish sell-side analysts forecast ~70% EBITDA growth in 2020 despite Scatec continually missing their estimates, and trading at ~5.5X 2019E book value, the market values Scatec's . Scatec ASA, formerly known as Scatec Solar ASA, is a Norway-based integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more. Contact details for equity and credit analysts covering Scatec: Please note that any opinions, estimates or forecasts regarding Scatec’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Scatec or its management. Telephone: +47 24 00 24 00, Dronning Eufemias gate 30, Analysts covering Scatec ASA currently have a consensus Earnings Per Share (EPS) forecast of 2.197 for the next financial year. For more information about Scatec at OSE, please click here. "We are incredibly proud to be rated A in this year's ESG 100 analysis. Please log in to your account or sign up in order to add this asset to your watchlist. Scatec has more than 3.5 GW in operation and under construction on four . The (current) company valuation of Scatec ASA is therefore above its valuation average over the last five years. New target price is 12% above last closing price of kr170. Stock analysis for Scatec ASA (SSO) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The following list of the top 20 shareholders is based upon information from VPS share registers. Scatec ASA does not currently pay a dividend. Check if STECF Stock has a Buy or Sell Evaluation. How has Scatec performed over the past 5 years? Analysts covering Scatec ASA currently have a consensus Earnings Per Share (EPS) forecast of 2.25 for the next financial year. This is higher . Scatec ASA's management team includes the following people: Start Your Risk-Free Trial Subscription Here, Smog chokes Indian capital as air pollution levels soar, UN climate boss: 'Good compromise' beats no deal on warming, Myanmar political standoff leaves economy in tatters, White House confident Biden's bill will pass House this week, Learn How You Can Build Passive Wealth with Cryptocurrency, Woman arrested for punching Southwest Airlines worker, These are Key Traits for the Best Retirement States, Buy These Dividend Growth Stocks to Combat Inflation, Is It Time To Take A Ride With Lordstown Motors?Â, Descartes Systems Group Approaches Buy Point Of Flat Base, Analysts are Bullish on These 3 Low RSI Reading Stocks, 3 Travel Stocks Ready to Take Off to the Upside, It’s Time For Investors to Plug in to SoFi Technologies, Big Gains Are Brewing For Dutch Bros Inc.Â, 7 E-Commerce Stocks That Aren’t Tangled in the Supply Chain, 7 Electric Vehicle Stocks That Are Ready to Charge Higher, 7 Social Media Stocks That Are Worth Your Attention, 7 Trucking Stocks That Are About to Go On a Roll, 7 Pharmaceutical Stocks to Buy For a Healthy Portfolio in 2022, 7 Growth Stocks to Buy as the Market Slumps, 7 Virtual Reality Stocks That Can Deliver Very Real Profits, 7 Cyclical Stocks That Make Sense In a Volatile Market, 7 Stocks That Can Withstand a Taper Tantrum, 7 Retail Stocks to Buy After Strong Quarterly Earnings, Scatec ASA (OTCMKTS:STECF) Sees Significant Drop in Short Interest, Scatec launches new logo and profile and changes ticker to SCATC, Scatec ASA: Change of ticker to SCATC from 5 January 2021, Scatec ASA: Long term incentive programme, Scatec starts commercial operation of another 32 MW in Ukraine, Scatec signs MoU with Equinor and Hydro for a 480 MW solar project in Brazil, Scatec recognised with prestigious ‘A’ score for climate change by the Carbon Disclosure Project (CDP), Name change registered with the Norwegian Register of Business Enterprises, Release: Scatec Solar ASA - Share capital increase registered with the Norwegian Register of Business Enterprises. High Growth Earnings: SCATC's is expected to become profitable in the next 3 years. Return vs Industry: SCATC underperformed the Norwegian Renewable Energy industry which returned 21.3% over the past year. Future Dividend Coverage: No need to calculate the sustainability of SCATC's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market. Growing Dividend: SCATC is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are increasing. Mr. Carlsen has been with Aker Kvaerner since 1989, with senior management assignments in South East Asia, Europe and th... Show more. View Scatec ASA's Short Interest. View which stocks are hot on social media with MarketBeat's trending stocks report. • Manage stock take and reconcile with the system stock balance. The next dividend is forecast to go ex-div in 5 months and is expected to be paid in 5 months. About Scatec Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. Volatility Over Time: SCATC's weekly volatility (6%) has been stable over the past year. (Add your “outperform” vote. Sign-up to receive the latest news and ratings for Scatec ASA and its competitors with MarketBeat's FREE daily newsletter. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 The Norwegian . The business plan is supported by Scatec's track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. SCATC is unprofitable, so we can't compare its. About Scatec Solar ASA Scatec Solar is an integrated independent renewable power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. 166.3 Last updated 12.11.2021 16:30:00. Experienced Management: SCATC's management team is seasoned and experienced (7.8 years average tenure). Accelerating Growth: Unable to compare SCATC's earnings growth over the past year to its 5-year average as it is currently unprofitable. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The business plan is supported by Scatec's track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. All rights reserved. Below you can find information relevant to the SCATC share. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. Stockholm Stock Market & Finance report, prediction for the future: You'll find the Scatec Solar share forecasts, stock quote and buy / sell signals below.According to present data Scatec Solar's SSOo shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020 . SCATC's revenue (21.3% per year) is forecast to grow faster than 20% per year. It develops, builds, owns, opera tes and maintains solar power plants. And it's building up for 258 additional megawatts. It has built and shipped over 20GW of capacity and facilitated $17 billion worth of project financing. First Solar ($10.24 billion) First Solar is a global provider and operator of solar plants. Accounts… Costing Department • Preparing monthly . is forecast to be low in 3 years time (5.7%). 12 GW of new capacity, from current 3.3 GW . Scatec ASA (OTCMKTS:STECF) Price Target and Consensus Rating. 2 analysts forecast earnings of NOK 1.38 per share compared to losses of NOK 0.780 per share in the same quarter of the previous year. One share of STECF stock can currently be purchased for approximately $19.14. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. About the Scatec Solar ASA stock forecast. PEG Ratio: Insufficient data to calculate SCATC's PEG Ratio to determine if it is good value. SCATC's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.7%). In the last 3 months, there was an even bigger purchase from another insider worth kr5.0m. . Vice President Controlling at Scatec Solar . As of October 15th, there was short interest totaling 29,800 shares, a decrease of 60.1% from the September 30th total of 74,600 shares. SCATC's short term assets (NOK6.0B) do not cover its. 12 GW of new capacity, from current 3.3 GW . Learn more, See historical performance and comparison. Below Fair Value: SCATC (NOK166.3) is trading above our estimate of fair value (NOK52.33). Our Scatec Solar OL consensus estimates page is based on consensus analyst forecast, covering public companies earnings per share and revenue. Lincoln University Kolej. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. PE vs Industry: SCATC is unprofitable, so we can't compare its PE Ratio to the European Renewable Energy industry average. Who are the major shareholders and have insiders been buying or selling? SCATC is forecast to become profitable over the next 3 years, which is considered faster growth than the. Return vs Market: SCATC underperformed the Norwegian Market which returned 30.1% over the past year. In the document below you will find the latest consensus estimates, including an overview of contributing brokerages. A long- term player, Scatec Solar develops, builds, owns, operates and maintains power plants and has an installation track record of more than 1.6 GW. You may vote once every thirty days. Oslo Area, Norway. Scatec ASA's employee growth, exchange listings and data sources. In the first half of 2021, Scatec will have a total of 3.3 GW in operation on four continents and more than 500 employees. Despite being rare, a stock may have a negative beta, which means the stock moves opposite the general market trend. Scatec ASA trades on the OTCMKTS under the ticker symbol "STECF.". How is Scatec forecast to perform in the next 1 to 3 years based on estimates from 6 analysts? Scatec ASA shows a Beta of 1.65. Scatec Solar () Stock Market info Recommendations: Buy or sell Scatec Solar stock? SCATC's debt to equity ratio has reduced from 479.1% to 213.5% over the past 5 years. Short Term Liabilities: SCATC's short term assets (NOK6.0B) exceed its short term liabilities (NOK2.6B). Last updated: 11.11.2021, 23:00:00. Scatec Solar. 337927). This price target is based on 0 analysts offering 12 month price targets for Scatec ASA in the last 3 months. How experienced are the management team and are they aligned to shareholders interests? The company reported a strong third quarter result with improved earnings, revenues and profit margins. Significantly Below Fair Value: SCATC is trading above our estimate of fair value. On 16 October 2020, Scatec Solar signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP. Scatec Solar ASA. SCATC is trading above our estimate of fair value. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). P.O. One of the Best Solar Stocks to Buy in 2019. • Main purpose of the position Head of finance department for all Malian Scatec Solar entities (1 SPV and 2 service companies). The previous Vestas Wind Systems AS (VWS) dividend was 845öre and was paid 7 months ago. 968.HK updated stock price target summary. At that level they are trading at 15.08% discount to the analyst consensus target price of 0.00. The company valuation of Scatec ASA according to these metrics is way above the market valuation of its sector. . The community is currently still undecided about Scatec Solar ASA with 2 Buy predictions and 0 Sell predictions. MIGA is a member of the World Bank Group. The official website for Scatec ASA is www.scatecsolar.com. SCATC underperformed the Norwegian Renewable Energy industry which returned 21.3% over the past year. ($USD759.52K) is about average for companies of similar size in the Norwegian market ($USD746.39K). To see all exchange delays and terms of use please see disclaimer. High ROE: SCATC has a negative Return on Equity (-2.48%), as it is currently unprofitable. • Manage stock take and reconcile with the system stock balance. View STECF's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. The Brazilian solar energy market is expected to witness a CAGR of around 5.5%, during the forecast period (2020 - 2025). Reducing Debt: SCATC's debt to equity ratio has reduced from 479.1% to 213.5% over the past 5 years. Oslo, 21 October 2020: Reference is made to the stock exchange announcement published by Scatec Solar ASA ("SSO" or the "Company", ticker code "SSO") on 20 October 2020 regarding a private placement of the Company's shares (the "Private Placement").Argentos AS, a company owned 100% by Raymond Carlsen, CEO of the Company, was allocated 86,956 shares. The country aims to create 8 gigawatts of solar energy by 2030. There are mixed signals in the stock today. Our Accessibility Statement | Terms of Service | Do Not Sell My Information. Based on an average daily volume of 100 shares, the short-interest ratio is currently 298.0 days. NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, SOUTH AFRICA, NEW ZEALAND, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Oslo, 21 October 2020 - Reference is made to the stock exchange announcement published by Scatec Solar ASA ("SSO . Box 1600 Sentrum Earnings vs Market: SCATC is forecast to become profitable over the next 3 years, which is considered above average market growth. Scatec’s dividend policy is to pay out a minimum of 25 % of the cash distributions received from the operating power plants. For more on Scatec Solar, please visit our home page www.scatecsolar.com Lincoln University Kolej. PE vs Market: SCATC is unprofitable, so we can't compare its PE Ratio to the Norwegian market. Unquestioning bullish sell-side analysts forecast ~70% EBITDA growth in 2020 despite Scatec continually missing their estimates, and trading at ~5.5X 2019E book value, the market values Scatec's . Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Scatec ASA is headquartered at Askekroken 11, Oslo, 0277. SCATC is not paying a notable dividend for the Norwegian market. © American Consumer News, LLC dba MarketBeat® 2010-2021. Blackridge Research's Ukraine Solar Power Market Outlook report provides a comprehensive analysis of the historical development, the current state of solar power installation scenario, and its . Exploring Scatec ASA (OTCMKTS:STECF) stock? Scatec Solar Solution Malaysia Sd Bhd. Looking for new stock ideas? Identify stocks that meet your criteria using seven unique stock screeners. In March 2021, Scatec announced a new target to reach 15 GW by the end of 2025 and a NOK 100 billion investment plan to fund the growth target. Scatec Solar is an integrated independent renewable power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. . Learn more here. Learn about financial terms, types of investments, trading strategies and more. Almost everytime in past the stock have done this the price have seeked to the middle and bottom of the bands, it might bounce from the middle band before starting an downtrend. SCATC's dividend (0.66%) is low compared to the top 25% of dividend payers in the Norwegian market (4.78%). The guarantees covers 90% of Scatec Solar's investments in the project for up to 15 years against the risks of transfer restrictions and convertibility, according to a March 31 news release. High Dividend: SCATC's dividend (0.66%) is low compared to the top 25% of dividend payers in the Norwegian market (4.78%). Experienced Board: SCATC's board of directors are considered experienced (3.8 years average tenure). The company is forecast to post earnings per share of kr1.78 next year compared to a net loss per share of kr3.52 last year. MarketBeat's community ratings are surveys of what our community members think about Scatec ASA and other stocks. Scatec cannot vouch for the content of the estimates. . Quarterly reporting. •Monitor and forecast project financial data, set targets and control environment for the cost management within the project to maximize performance. Responsible to establish the first Project budget/forecast based upon hand-over bid from Tendering . Corporate communication. ⚡VR Template Switcher is a powerful utility for working with chart templates in MetaTrader terminal. Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. The company can be reached via phone at 47 48 08 55 00. The company does not generate enough profits, which is an alarming weak point. SCATC is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (12.8%). (2.9x) compared to the XE Renewable Energy industry average (2.2x). Stable Dividend: SCATC is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are stable. The Scatec Solar ASA stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Growing Profit Margin: SCATC is currently unprofitable. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. 0.00 (0.00%) (As of 11/4/2021 12:00 AM ET) . View all of STECF's competitors. Latest dividend payment: You'll be provided with Scatec Solar OL overall consensus estimations for strong buy, strong sell or hold, based on analyst 12-Month price targets. Notable Dividend: SCATC's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.7%). In the past three months, Scatec ASA insiders have not sold or bought any company stock. Down from kr206, the current price target is an average from 5 analysts. solar park holding companies, of which Scatec Solar ASA is the direct or indirect owner, are financed on a non-recourse basis towards the Company, and thus have no cross default clause, guarantees etc. Scatec Solar supports this investment and the project economics meets the return thresholds of Scatec Solar. Quality Earnings: SCATC is currently unprofitable. It claims to invest more money in researching and developing solar technology than any other company. SCATC is unprofitable, so we can't compare its. Scatec ASA employs 500 workers across the globe. Down from kr206, the current price target is an average from 5 analysts. Renewable energy stocks are an attractive investment option. On April 30, Scatec Solar ASA is presenting Q1 earnings. Revenue vs Market: SCATC's revenue (21.3% per year) is forecast to grow faster than the Norwegian market (5.2% per year). - Try Now Risk-Free - Money-back guarantee! Stable Share Price: SCATC is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week. The average price target represents a -100.00% upside from the last price of $27.40. As a long-term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. The 390-MW BenBan project consists of six solar power plants in Egypt. Our Scatec Solar OL consensus estimates page is based on consensus analyst forecast, covering public companies earnings per share and revenue. All other interest bearing debt within the group has the parent company as borrower. Home. Get Our PREMIUM Forecast Now, from ONLY $8.49! 0 corresponds to a very high risk and 10 corresponds to a very low risk." The Risk Score for Scatec ASA is significantly higher than its peer group's. See what's happening in the market right now with MarketBeat's real-time news feed. SCATEC ASA : Forcasts, revenue, earnings, analysts expectations, ratios for SCATEC ASA Stock | SSO | NO0010715139 Unless specified all financial data is based on a yearly period but updated quarterly. If you have any questions regarding your holding of Scatec shares, please contact our registrar: Dronning Eufemias gate 6 But it is essential to invest wisely. The information includes all direct registered holdings in Scatec ASA. Looks like Scatec Solar needs to correct a little, candles are now outside Keltner Channels and Bollinger Bands . Earnings vs Industry: SCATC is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (12.8%). The news, made slightly awkward by the fact that he was on his way to meet with a competitor part . Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Scatec Solar Solution Malaysia Sd Bhd. (-2.48%), as it is currently unprofitable. Get daily stock ideas top-performing Wall Street analysts. Fundamental company data provided by Zacks Investment Research. PB vs Industry: SCATC is overvalued based on its PB Ratio (2.9x) compared to the XE Renewable Energy industry average (2.2x). Compare Top Brokerages Here. Scatec Solar was rated A, placing the Company in the top category among companies excelling at ESG reporting. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. The company's valuation in terms of earnings multiples is rather high. How did SCATC perform over the long term? Long Term Liabilities: SCATC's short term assets (NOK6.0B) do not cover its long term liabilities (NOK21.1B). Receive a free world-class investing education from MarketBeat. The company is forecast to post earnings per share of kr1.78 next year compared to a net loss per share of kr3.52 last year. The other two solar plants, with a combined capacity of 172 MW, are scheduled to come online in the next few months. Phone: +47 23 26 80 20 Mr. Raymond Carlsen serves as Chief Executive Officer at Scatec Solar AS since 2009. Cash distributions is typically received by Scatec 6-12 months after cash being generated by the power plants. 23 March 2021: At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. Earnings vs Savings Rate: SCATC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%). View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Risk Analysis of Scatec ASA ( SCATC | NOR) "The Risk Score is a relevant measure for the assessment of a stock attractiveness.

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scatec solar stock forecast