Is Contact Energy Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Contact Energy Limited pays dividends. Last time was Friday 27th of September 2024 where the investors holding the stock on Tuesday 27th of August 2024 were paid NZD0.23 per share. Over the last 33 times between 2009 and 2024, Contact Energy Limited has paid NZD4.875828 with an average of NZD0.15 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Contact Energy Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was NZD8.93, you would have made a loss of NZD-0.580 per share or -6.49%
Yes, the average daily trading liquidity for Contact Energy Limited is NZD711 600 thousand. You should therefore be able to get in and out of your positions relatively fast.
Contact Energy Limited has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.39, the company's ability to pay off the debt is normal. Contact Energy Limited has a good net profit margin of 11.86% and should have high tolerances against inflation.
We have calculated the inflation risk for Contact Energy Limited to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.