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Stock impact report

Is Pattern Energy Group a Buy? [The Motley Fool]

PATTERN ENERGY GROUP INC CL (PEGI) 
Last pattern energy group inc cl earnings: 3/2 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.patternenergy.com
Company Research Source: The Motley Fool
Is Pattern Energy Group a Buy? When Pattern Energy ( NASDAQ:PEGI sank % in 08 This year, however, has been a different story. Shares have been blistering hot over the past three months, soaring 8% since the start of the year. That big-time rally likely has investors wondering if the company has any power left to continue moving higher. Image source: Getty Images. Why Pattern Energy stock has been scorching hot this year While Pattern Energy's headwinds continued during the fourth quarter fourth-quarter conference call win back the support of investors What could keep the rally going Even with this year's rebound, shares of Pattern Energy remain attractively priced. The company currently expects to produce about $7 million in cash flow this year, which implies that shares trade at roughly times cash flow, given its approximately $. billion market value. For comparison sake, renewable rival Brookfield Renewable Partners NYSE:BEP One catalyst that could push Pattern Energy's stock highe Show less Read more
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