D
Boralex Inc.
BLX.TO
TSX
D
Sell
3/3/2025Upgraded
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 3/3/2025 due to a substantial increase in the growth index, volatility index and dividend index. EBIT increased 744.44% from $6.6M to $55.72M, operating cash flow increased 116.42% from -$134.91M to $22.15M, and total revenue increased 45.23% from $116.58M to $169.31M.
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 3/3/2025 due to a substantial increase in the growth index, volatility index and dividend index. EBIT increased 744.44% from $6.6M to $55.72M, operating cash flow increased 116.42% from -$134.91M to $22.15M, and total revenue increased 45.23% from $116.58M to $169.31M.
D
Sell
12/9/2024Downgrade
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 12/9/2024 due to a decline in the volatility index, total return index and solvency index.
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 12/9/2024 due to a decline in the volatility index, total return index and solvency index.
D
Sell
11/15/2024Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 11/15/2024 due to a significant decline in the growth index, volatility index and solvency index. Earnings per share declined from $0.0731 to -$0.0999, operating cash flow declined 233.77% from $100.85M to -$134.91M, and EBIT declined 76.24% from $27.77M to $6.6M.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 11/15/2024 due to a significant decline in the growth index, volatility index and solvency index. Earnings per share declined from $0.0731 to -$0.0999, operating cash flow declined 233.77% from $100.85M to -$134.91M, and EBIT declined 76.24% from $27.77M to $6.6M.
C
Hold
10/11/2024Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 10/11/2024 due to a decline in the volatility index and valuation index.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 10/11/2024 due to a decline in the volatility index and valuation index.
C
Hold
9/26/2024Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 9/26/2024 due to an increase in the total return index, solvency index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 9/26/2024 due to an increase in the total return index, solvency index and volatility index.
C
Hold
8/16/2024Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/16/2024 due to a substantial decline in the growth index, solvency index and valuation index. Earnings per share declined from $0.3931 to $0.0731, EBIT declined 64.68% from $78.62M to $27.77M, and operating cash flow declined 40.88% from $170.6M to $100.85M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/16/2024 due to a substantial decline in the growth index, solvency index and valuation index. Earnings per share declined from $0.3931 to $0.0731, EBIT declined 64.68% from $78.62M to $27.77M, and operating cash flow declined 40.88% from $170.6M to $100.85M.
C
Hold
6/5/2024Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 6/5/2024 due to an increase in the volatility index, solvency index and total return index. The quick ratio increased from 1 to 1.1, and debt to equity declined from 1.97 to 1.96.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 6/5/2024 due to an increase in the volatility index, solvency index and total return index. The quick ratio increased from 1 to 1.1, and debt to equity declined from 1.97 to 1.96.
C
Hold
3/4/2024Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D on 3/4/2024 due to a significant increase in the growth index, valuation index and total return index. Operating cash flow increased 10,449.71% from $745.5 to $78.65M, EBIT increased 794.89% from $9.69M to $86.73M, and earnings per share increased from -$0.0224 to $0.1359.
Boralex Inc. (BLX.TO) was upgraded to C- from D on 3/4/2024 due to a significant increase in the growth index, valuation index and total return index. Operating cash flow increased 10,449.71% from $745.5 to $78.65M, EBIT increased 794.89% from $9.69M to $86.73M, and earnings per share increased from -$0.0224 to $0.1359.
D
Sell
11/9/2023Downgrade
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 11/9/2023 due to a large decline in the growth index, total return index and volatility index. Earnings per share declined from $0.3031 to $0.1376, EBIT declined 50.31% from $56.93M to $28.29M, and operating cash flow declined 40.58% from $180.4M to $107.19M.
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 11/9/2023 due to a large decline in the growth index, total return index and volatility index. Earnings per share declined from $0.3031 to $0.1376, EBIT declined 50.31% from $56.93M to $28.29M, and operating cash flow declined 40.58% from $180.4M to $107.19M.
D
Sell
8/9/2023Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 8/9/2023 due to a noticeable decline in the efficiency index, volatility index and total return index.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 8/9/2023 due to a noticeable decline in the efficiency index, volatility index and total return index.
C
Hold
7/11/2023Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 7/11/2023 due to a substantial decline in the growth index, valuation index and total return index. EBIT declined 13.18% from $65.57M to $56.93M, and total revenue declined 6.99% from $241.65M to $224.76M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 7/11/2023 due to a substantial decline in the growth index, valuation index and total return index. EBIT declined 13.18% from $65.57M to $56.93M, and total revenue declined 6.99% from $241.65M to $224.76M.
C
Hold
3/13/2023Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 3/13/2023 due to a significant increase in the growth index, efficiency index and solvency index. EBIT increased 375.97% from -$23.76M to $65.57M, total revenue increased 197.44% from $81.24M to $241.65M, and net income increased 130.58% from -$33.72M to $10.31M.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 3/13/2023 due to a significant increase in the growth index, efficiency index and solvency index. EBIT increased 375.97% from -$23.76M to $65.57M, total revenue increased 197.44% from $81.24M to $241.65M, and net income increased 130.58% from -$33.72M to $10.31M.
C
Hold
11/15/2022Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 11/15/2022 due to a significant decline in the growth index, total return index and valuation index. Earnings per share declined from $0.0763 to -$0.337, EBIT declined 164.46% from $36.84M to -$23.75M, and total revenue declined 39.77% from $134.81M to $81.2M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 11/15/2022 due to a significant decline in the growth index, total return index and valuation index. Earnings per share declined from $0.0763 to -$0.337, EBIT declined 164.46% from $36.84M to -$23.75M, and total revenue declined 39.77% from $134.81M to $81.2M.
C
Hold
11/10/2022Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 11/10/2022 due to a decline in the total return index and volatility index.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 11/10/2022 due to a decline in the total return index and volatility index.
C
Hold
10/20/2022Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 10/20/2022 due to an increase in the valuation index and dividend index.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 10/20/2022 due to an increase in the valuation index and dividend index.
C
Hold
10/5/2022Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 10/5/2022 due to a large decline in the growth index, total return index and volatility index. Earnings per share declined from $0.3846 to $0.0763, EBIT declined 49.29% from $72.63M to $36.84M, and operating cash flow declined 29.71% from $108.16M to $76.02M.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 10/5/2022 due to a large decline in the growth index, total return index and volatility index. Earnings per share declined from $0.3846 to $0.0763, EBIT declined 49.29% from $72.63M to $36.84M, and operating cash flow declined 29.71% from $108.16M to $76.02M.
C
Hold
6/21/2022Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 6/21/2022 due to a substantial increase in the total return index, volatility index and solvency index.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 6/21/2022 due to a substantial increase in the total return index, volatility index and solvency index.
C
Hold
5/20/2022Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 5/20/2022 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.1191 to $0.3846, operating cash flow increased 68.25% from $64.29M to $108.16M, and EBIT increased 20.42% from $60.32M to $72.63M.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 5/20/2022 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.1191 to $0.3846, operating cash flow increased 68.25% from $64.29M to $108.16M, and EBIT increased 20.42% from $60.32M to $72.63M.
C
Hold
2/28/2022Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 2/28/2022 due to a large decline in the total return index, growth index and volatility index.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 2/28/2022 due to a large decline in the total return index, growth index and volatility index.
C
Hold
11/15/2021Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/15/2021 due to a significant increase in the growth index, total return index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/15/2021 due to a significant increase in the growth index, total return index and volatility index.
C
Hold
9/24/2021Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 9/24/2021 due to an increase in the total return index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 9/24/2021 due to an increase in the total return index and volatility index.
D
Sell
9/9/2021Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 9/9/2021 due to a decline in the valuation index.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 9/9/2021 due to a decline in the valuation index.
C
Hold
8/25/2021Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 8/25/2021 due to an increase in the valuation index, volatility index and total return index.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 8/25/2021 due to an increase in the valuation index, volatility index and total return index.
D
Sell
8/10/2021Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C on 8/10/2021 due to a significant decline in the growth index, volatility index and solvency index. Earnings per share declined from $0.2607 to -$0.1059, EBIT declined 65.64% from $61.61M to $21.17M, and operating cash flow declined 34.89% from $105.06M to $68.4M.
Boralex Inc. (BLX.TO) was downgraded to D+ from C on 8/10/2021 due to a significant decline in the growth index, volatility index and solvency index. Earnings per share declined from $0.2607 to -$0.1059, EBIT declined 65.64% from $61.61M to $21.17M, and operating cash flow declined 34.89% from $105.06M to $68.4M.
C
Hold
3/15/2021Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 3/15/2021 due to a significant decline in the total return index, volatility index and solvency index.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 3/15/2021 due to a significant decline in the total return index, volatility index and solvency index.
C
Hold
2/26/2021Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 2/26/2021 due to an increase in the growth index, efficiency index and total return index. EBIT increased 2,080.11% from $2.25M to $49.1M, net income increased 542.84% from -$4.5M to $19.95M, and earnings per share increased from -$0.0457 to $0.1829.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 2/26/2021 due to an increase in the growth index, efficiency index and total return index. EBIT increased 2,080.11% from $2.25M to $49.1M, net income increased 542.84% from -$4.5M to $19.95M, and earnings per share increased from -$0.0457 to $0.1829.
C
Hold
11/16/2020Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/16/2020 due to a significant increase in the growth index, total return index and solvency index. Debt to equity declined from 3.96 to 3.1, and earnings per share increased from -$0.0505 to -$0.0457.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/16/2020 due to a significant increase in the growth index, total return index and solvency index. Debt to equity declined from 3.96 to 3.1, and earnings per share increased from -$0.0505 to -$0.0457.
C
Hold
8/24/2020Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 8/24/2020 due to an increase in the dividend index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 8/24/2020 due to an increase in the dividend index and volatility index.
D
Sell
8/7/2020Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C on 8/7/2020 due to a substantial decline in the growth index, total return index and dividend index. Earnings per share declined from $0.3163 to -$0.0505, EBIT declined 72.28% from $62.52M to $17.33M, and total revenue declined 40.74% from $151.08M to $89.53M.
Boralex Inc. (BLX.TO) was downgraded to D+ from C on 8/7/2020 due to a substantial decline in the growth index, total return index and dividend index. Earnings per share declined from $0.3163 to -$0.0505, EBIT declined 72.28% from $62.52M to $17.33M, and total revenue declined 40.74% from $151.08M to $89.53M.
C
Hold
5/8/2020Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 5/8/2020 due to a noticeable increase in the growth index, total return index and efficiency index. Net income increased 254.91% from -$19.7M to $30.51M, earnings per share increased from -$0.2079 to $0.3163, and operating cash flow increased 125.26% from $43.94M to $98.98M.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 5/8/2020 due to a noticeable increase in the growth index, total return index and efficiency index. Net income increased 254.91% from -$19.7M to $30.51M, earnings per share increased from -$0.2079 to $0.3163, and operating cash flow increased 125.26% from $43.94M to $98.98M.
C
Hold
5/5/2020Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 5/5/2020 due to a decline in the total return index and valuation index.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 5/5/2020 due to a decline in the total return index and valuation index.
C
Hold
4/16/2020Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 4/16/2020 due to an increase in the solvency index and total return index.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 4/16/2020 due to an increase in the solvency index and total return index.
C
Hold
3/20/2020Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 3/20/2020 due to a noticeable decline in the growth index, total return index and volatility index.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 3/20/2020 due to a noticeable decline in the growth index, total return index and volatility index.
C
Hold
2/28/2020Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 2/28/2020 due to a significant increase in the total return index, growth index and solvency index. EBIT increased 910.28% from -$7.57M to $61.37M, total revenue increased 91.64% from $71.95M to $137.89M, and the quick ratio increased from 0.61 to 1.06.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 2/28/2020 due to a significant increase in the total return index, growth index and solvency index. EBIT increased 910.28% from -$7.57M to $61.37M, total revenue increased 91.64% from $71.95M to $137.89M, and the quick ratio increased from 0.61 to 1.06.
C
Hold
9/5/2019Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 9/5/2019 due to an increase in the total return index, dividend index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 9/5/2019 due to an increase in the total return index, dividend index and volatility index.
D
Sell
8/13/2019Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 8/13/2019 due to a decline in the growth index, dividend index and volatility index. Earnings per share declined from $0.21 to -$0.1047, EBIT declined 64.93% from $38.36M to $13.46M, and total revenue declined 29.75% from $130.88M to $91.94M.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 8/13/2019 due to a decline in the growth index, dividend index and volatility index. Earnings per share declined from $0.21 to -$0.1047, EBIT declined 64.93% from $38.36M to $13.46M, and total revenue declined 29.75% from $130.88M to $91.94M.
C
Hold
7/16/2019Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 7/16/2019 due to an increase in the volatility index.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 7/16/2019 due to an increase in the volatility index.
D
Sell
7/1/2019Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 7/1/2019 due to a decline in the total return index and dividend index.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 7/1/2019 due to a decline in the total return index and dividend index.
C
Hold
6/4/2019Upgraded
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 6/4/2019 due to an increase in the volatility index, growth index and solvency index. Earnings per share increased from $0.0505 to $0.21, operating cash flow increased 180.56% from $17.43M to $48.89M, and EBIT increased 63.32% from $23.49M to $38.36M.
Boralex Inc. (BLX.TO) was upgraded to C- from D+ on 6/4/2019 due to an increase in the volatility index, growth index and solvency index. Earnings per share increased from $0.0505 to $0.21, operating cash flow increased 180.56% from $17.43M to $48.89M, and EBIT increased 63.32% from $23.49M to $38.36M.
D
Sell
3/29/2019Upgraded
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 3/29/2019 due to an increase in the dividend index, volatility index and efficiency index.
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 3/29/2019 due to an increase in the dividend index, volatility index and efficiency index.
D
Sell
3/4/2019Downgrade
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 3/4/2019 due to a decline in the solvency index, dividend index and efficiency index. Debt to equity increased from 3.65 to 4.05, and total capital declined 2.42% from $3.24B to $3.16B.
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 3/4/2019 due to a decline in the solvency index, dividend index and efficiency index. Debt to equity increased from 3.65 to 4.05, and total capital declined 2.42% from $3.24B to $3.16B.
D
Sell
1/18/2019Upgraded
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 1/18/2019 due to an increase in the volatility index.
Boralex Inc. (BLX.TO) was upgraded to D+ from D on 1/18/2019 due to an increase in the volatility index.
D
Sell
12/19/2018Downgrade
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 12/19/2018 due to a decline in the volatility index, total return index and dividend index.
Boralex Inc. (BLX.TO) was downgraded to D from D+ on 12/19/2018 due to a decline in the volatility index, total return index and dividend index.
D
Sell
11/14/2018Downgrade
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 11/14/2018 due to a substantial decline in the growth index, volatility index and total return index. EBIT declined 367.94% from $5.42M to -$14.54M, operating cash flow declined 67.73% from $40.3M to $13.01M, and total revenue declined 18.59% from $75.17M to $61.2M.
Boralex Inc. (BLX.TO) was downgraded to D+ from C- on 11/14/2018 due to a substantial decline in the growth index, volatility index and total return index. EBIT declined 367.94% from $5.42M to -$14.54M, operating cash flow declined 67.73% from $40.3M to $13.01M, and total revenue declined 18.59% from $75.17M to $61.2M.
C
Hold
8/14/2018Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/14/2018 due to a large decline in the volatility index, total return index and efficiency index. Net income declined 237.19% from $15.82M to -$21.7M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/14/2018 due to a large decline in the volatility index, total return index and efficiency index. Net income declined 237.19% from $15.82M to -$21.7M.
C
Hold
5/10/2018Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 5/10/2018 due to a substantial decline in the growth index, total return index and volatility index. Earnings per share declined from $0.2387 to $0.2056.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 5/10/2018 due to a substantial decline in the growth index, total return index and volatility index. Earnings per share declined from $0.2387 to $0.2056.
C
Hold
3/2/2018Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/2/2018 due to a significant increase in the growth index, volatility index and valuation index. EBIT increased 2,121.79% from -$1.6M to $32.27M, earnings per share increased from -$0.1756 to $0.2335, and total revenue increased 72.26% from $59.85M to $103.1M.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/2/2018 due to a significant increase in the growth index, volatility index and valuation index. EBIT increased 2,121.79% from -$1.6M to $32.27M, earnings per share increased from -$0.1756 to $0.2335, and total revenue increased 72.26% from $59.85M to $103.1M.
C
Hold
10/11/2017Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 10/11/2017 due to an increase in the total return index and volatility index.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 10/11/2017 due to an increase in the total return index and volatility index.
C
Hold
9/26/2017Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 9/26/2017 due to a significant decline in the total return index, growth index and solvency index. Earnings per share declined from $0.1569 to -$0.0196, EBIT declined 68.67% from $33.24M to $10.41M, and operating cash flow declined 30.72% from $40.79M to $28.26M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 9/26/2017 due to a significant decline in the total return index, growth index and solvency index. Earnings per share declined from $0.1569 to -$0.0196, EBIT declined 68.67% from $33.24M to $10.41M, and operating cash flow declined 30.72% from $40.79M to $28.26M.
C
Hold
5/10/2017Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 5/10/2017 due to a substantial decline in the growth index, dividend index and efficiency index.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 5/10/2017 due to a substantial decline in the growth index, dividend index and efficiency index.
C
Hold
4/26/2017Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 4/26/2017 due to an increase in the valuation index.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 4/26/2017 due to an increase in the valuation index.
C
Hold
4/7/2017Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 4/7/2017 due to a decline in the valuation index and dividend index.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 4/7/2017 due to a decline in the valuation index and dividend index.
C
Hold
3/10/2017Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/10/2017 due to a significant increase in the total return index and growth index. EBIT increased 421.99% from -$2.96M to $9.52M, operating cash flow increased 150.68% from $9.35M to $23.44M, and earnings per share increased from -$0.1225 to -$0.0556.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/10/2017 due to a significant increase in the total return index and growth index. EBIT increased 421.99% from -$2.96M to $9.52M, operating cash flow increased 150.68% from $9.35M to $23.44M, and earnings per share increased from -$0.1225 to -$0.0556.
C
Hold
11/25/2016Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/25/2016 due to an increase in the dividend index.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/25/2016 due to an increase in the dividend index.
C
Hold
11/10/2016Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 11/10/2016 due to a significant decline in the total return index, growth index and volatility index. EBIT declined 137.58% from $7.87M to -$2.96M, operating cash flow declined 58.26% from $22.4M to $9.35M, and earnings per share declined from -$0.0867 to -$0.1226.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 11/10/2016 due to a significant decline in the total return index, growth index and volatility index. EBIT declined 137.58% from $7.87M to -$2.96M, operating cash flow declined 58.26% from $22.4M to $9.35M, and earnings per share declined from -$0.0867 to -$0.1226.
C
Hold
8/5/2016Downgrade
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 8/5/2016 due to a large decline in the growth index, dividend index and valuation index. EBIT declined 77.06% from $34.3M to $7.87M, operating cash flow declined 59.43% from $55.21M to $22.4M, and total revenue declined 34.52% from $77.64M to $50.84M.
Boralex Inc. (BLX.TO) was downgraded to C from C+ on 8/5/2016 due to a large decline in the growth index, dividend index and valuation index. EBIT declined 77.06% from $34.3M to $7.87M, operating cash flow declined 59.43% from $55.21M to $22.4M, and total revenue declined 34.52% from $77.64M to $50.84M.
C
Hold
3/18/2016Upgraded
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/18/2016 due to a significant increase in the growth index, total return index and volatility index. EBIT increased 153.97% from $5.84M to $14.84M, earnings per share increased from -$0.2212 to $0.02, and total revenue increased 47.43% from $41.52M to $61.21M.
Boralex Inc. (BLX.TO) was upgraded to C+ from C on 3/18/2016 due to a significant increase in the growth index, total return index and volatility index. EBIT increased 153.97% from $5.84M to $14.84M, earnings per share increased from -$0.2212 to $0.02, and total revenue increased 47.43% from $41.52M to $61.21M.
C
Hold
1/4/2016Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 1/4/2016 due to a noticeable increase in the total return index, dividend index and solvency index. Debt to equity declined from 4.09 to 2.82.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 1/4/2016 due to a noticeable increase in the total return index, dividend index and solvency index. Debt to equity declined from 4.09 to 2.82.
C
Hold
8/6/2015Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/6/2015 due to a noticeable decline in the growth index, solvency index and dividend index. Earnings per share declined from $0.1114 to -$0.0844, operating cash flow declined 73.13% from $39.54M to $10.62M, and EBIT declined 65.71% from $22M to $7.55M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/6/2015 due to a noticeable decline in the growth index, solvency index and dividend index. Earnings per share declined from $0.1114 to -$0.0844, operating cash flow declined 73.13% from $39.54M to $10.62M, and EBIT declined 65.71% from $22M to $7.55M.
C
Hold
11/10/2014Upgraded
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/10/2014 due to an increase in the growth index, efficiency index and dividend index. Operating cash flow increased 140.98% from $4.24M to $10.22M, earnings per share increased from -$0.1019 to -$0.2222, and net income increased 116.21% from -$3.91M to -$8.44M.
Boralex Inc. (BLX.TO) was upgraded to C from C- on 11/10/2014 due to an increase in the growth index, efficiency index and dividend index. Operating cash flow increased 140.98% from $4.24M to $10.22M, earnings per share increased from -$0.1019 to -$0.2222, and net income increased 116.21% from -$3.91M to -$8.44M.
C
Hold
8/28/2014Downgrade
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/28/2014 due to a decline in the total return index, growth index and solvency index. Earnings per share declined from $0.1761 to -$0.1019, operating cash flow declined 85.68% from $29.61M to $4.24M, and EBIT declined 65.7% from $23.87M to $8.19M.
Boralex Inc. (BLX.TO) was downgraded to C- from C on 8/28/2014 due to a decline in the total return index, growth index and solvency index. Earnings per share declined from $0.1761 to -$0.1019, operating cash flow declined 85.68% from $29.61M to $4.24M, and EBIT declined 65.7% from $23.87M to $8.19M.
