C
Fortis Inc.
FTS.TO
TSX
C
Hold
2/24/2025Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 2/24/2025 due to a decline in the volatility index, valuation index and efficiency index. Net income declined 7.89% from $321.87M to $296.46M, and total capital declined 0.84% from $41.76B to $41.41B.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 2/24/2025 due to a decline in the volatility index, valuation index and efficiency index. Net income declined 7.89% from $321.87M to $296.46M, and total capital declined 0.84% from $41.76B to $41.41B.
B
Buy
9/3/2024Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 9/3/2024 due to an increase in the total return index and volatility index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 9/3/2024 due to an increase in the total return index and volatility index.
C
Hold
8/7/2024Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 8/7/2024 due to an increase in the volatility index.
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 8/7/2024 due to an increase in the volatility index.
C
Hold
2/26/2024Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/26/2024 due to a decline in the growth index, total return index and efficiency index. Operating cash flow declined 21.76% from $700.82M to $548.33M, EBIT declined 6.36% from $623.28M to $583.61M, and earnings per share declined from $0.6027 to $0.5723.
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/26/2024 due to a decline in the growth index, total return index and efficiency index. Operating cash flow declined 21.76% from $700.82M to $548.33M, EBIT declined 6.36% from $623.28M to $583.61M, and earnings per share declined from $0.6027 to $0.5723.
C
Hold
11/22/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 11/22/2023 due to a noticeable increase in the growth index and total return index. Earnings per share increased from $0.4509 to $0.6027, EBIT increased 24.97% from $498.75M to $623.28M, and total revenue increased 4.98% from $1.93B to $2.03B.
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 11/22/2023 due to a noticeable increase in the growth index and total return index. Earnings per share increased from $0.4509 to $0.6027, EBIT increased 24.97% from $498.75M to $623.28M, and total revenue increased 4.98% from $1.93B to $2.03B.
C
Hold
10/9/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/9/2023 due to a decline in the volatility index and total return index.
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/9/2023 due to a decline in the volatility index and total return index.
C
Hold
8/30/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/30/2023 due to a decline in the volatility index, total return index and growth index. Earnings per share declined from $0.6654 to $0.4509, total revenue declined 21.31% from $2.45B to $1.93B, and EBIT declined 20.26% from $625.48M to $498.75M.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/30/2023 due to a decline in the volatility index, total return index and growth index. Earnings per share declined from $0.6654 to $0.4509, total revenue declined 21.31% from $2.45B to $1.93B, and EBIT declined 20.26% from $625.48M to $498.75M.
B
Buy
8/1/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 8/1/2023 due to a decline in the efficiency index, growth index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 8/1/2023 due to a decline in the efficiency index, growth index and solvency index.
B
Buy
5/15/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 5/15/2023 due to an increase in the volatility index, valuation index and total return index.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 5/15/2023 due to an increase in the volatility index, valuation index and total return index.
B
Buy
4/13/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 4/13/2023 due to an increase in the volatility index, total return index and solvency index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 4/13/2023 due to an increase in the volatility index, total return index and solvency index.
C
Hold
3/17/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 3/17/2023 due to an increase in the growth index, solvency index and total return index. Operating cash flow increased 31.96% from $485.16M to $640.21M, total revenue increased 19.28% from $1.96B to $2.33B, and earnings per share increased from $0.5212 to $0.5664.
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 3/17/2023 due to an increase in the growth index, solvency index and total return index. Operating cash flow increased 31.96% from $485.16M to $640.21M, total revenue increased 19.28% from $1.96B to $2.33B, and earnings per share increased from $0.5212 to $0.5664.
C
Hold
2/10/2023Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/10/2023 due to a decline in the total return index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 2/10/2023 due to a decline in the total return index and solvency index.
C
Hold
1/20/2023Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 1/20/2023 due to an increase in the total return index, volatility index and growth index.
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 1/20/2023 due to an increase in the total return index, volatility index and growth index.
C
Hold
11/16/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 11/16/2022 due to a decline in the volatility index, total return index and valuation index.
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 11/16/2022 due to a decline in the volatility index, total return index and valuation index.
C
Hold
10/28/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 10/28/2022 due to a major increase in the growth index, valuation index and volatility index. Earnings per share increased from $0.4624 to $0.5209, EBIT increased 9.51% from $500.82M to $548.46M, and total revenue increased 0.33% from $1.95B to $1.96B.
Fortis Inc. (FTS.TO) was upgraded to C+ from C on 10/28/2022 due to a major increase in the growth index, valuation index and volatility index. Earnings per share increased from $0.4624 to $0.5209, EBIT increased 9.51% from $500.82M to $548.46M, and total revenue increased 0.33% from $1.95B to $1.96B.
C
Hold
10/27/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/27/2022 due to a decline in the total return index, volatility index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to C from C+ on 10/27/2022 due to a decline in the total return index, volatility index and solvency index.
C
Hold
9/30/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B on 9/30/2022 due to a significant decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5809 to $0.4624, total revenue declined 12.91% from $2.24B to $1.95B, and EBIT declined 9.38% from $552.66M to $500.82M.
Fortis Inc. (FTS.TO) was downgraded to C+ from B on 9/30/2022 due to a significant decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5809 to $0.4624, total revenue declined 12.91% from $2.24B to $1.95B, and EBIT declined 9.38% from $552.66M to $500.82M.
B
Buy
6/17/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 6/17/2022 due to a decline in the volatility index, total return index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 6/17/2022 due to a decline in the volatility index, total return index and solvency index.
B
Buy
5/19/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/19/2022 due to an increase in the volatility index and dividend index.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/19/2022 due to an increase in the volatility index and dividend index.
B
Buy
5/4/2022Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 5/4/2022 due to a decline in the growth index, dividend index and valuation index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 5/4/2022 due to a decline in the growth index, dividend index and valuation index.
B
Buy
4/25/2022Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 4/25/2022 due to an increase in the growth index, volatility index and total return index. Total revenue increased 17.62% from $1.74B to $2.05B, earnings per share increased from $0.4921 to $0.5474, and EBIT increased 6.86% from $485.72M to $519.06M.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 4/25/2022 due to an increase in the growth index, volatility index and total return index. Total revenue increased 17.62% from $1.74B to $2.05B, earnings per share increased from $0.4921 to $0.5474, and EBIT increased 6.86% from $485.72M to $519.06M.
B
Buy
11/3/2021Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/3/2021 due to an increase in the total return index, growth index and dividend index. Earnings per share increased from $0.4381 to $0.4921, EBIT increased 4.84% from $463.29M to $485.72M, and total revenue increased 0.5% from $1.73B to $1.74B.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/3/2021 due to an increase in the total return index, growth index and dividend index. Earnings per share increased from $0.4381 to $0.4921, EBIT increased 4.84% from $463.29M to $485.72M, and total revenue increased 0.5% from $1.73B to $1.74B.
B
Buy
10/15/2021Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 10/15/2021 due to a decline in the dividend index, volatility index and efficiency index. Net income declined 25.25% from $293.06M to $219.06M.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 10/15/2021 due to a decline in the dividend index, volatility index and efficiency index. Net income declined 25.25% from $293.06M to $219.06M.
B
Buy
4/19/2021Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 4/19/2021 due to an increase in the volatility index, growth index and total return index. EBIT increased 15.6% from $451.9M to $522.41M, earnings per share increased from $0.4715 to $0.5445, and total revenue increased 13.03% from $1.59B to $1.8B.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 4/19/2021 due to an increase in the volatility index, growth index and total return index. EBIT increased 15.6% from $451.9M to $522.41M, earnings per share increased from $0.4715 to $0.5445, and total revenue increased 13.03% from $1.59B to $1.8B.
B
Buy
1/5/2021Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 1/5/2021 due to a decline in the volatility index and total return index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 1/5/2021 due to a decline in the volatility index and total return index.
B
Buy
12/21/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 12/21/2020 due to an increase in the volatility index and solvency index.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 12/21/2020 due to an increase in the volatility index and solvency index.
B
Buy
7/21/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/21/2020 due to a decline in the valuation index, volatility index and dividend index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/21/2020 due to a decline in the valuation index, volatility index and dividend index.
B
Buy
7/1/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 7/1/2020 due to an increase in the valuation index, total return index and dividend index.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 7/1/2020 due to an increase in the valuation index, total return index and dividend index.
B
Buy
6/11/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/11/2020 due to a noticeable decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5803 to $0.4986, operating cash flow declined 8.58% from $480.33M to $439.1M, and EBIT declined 7.79% from $531.09M to $489.71M.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/11/2020 due to a noticeable decline in the growth index, volatility index and total return index. Earnings per share declined from $0.5803 to $0.4986, operating cash flow declined 8.58% from $480.33M to $439.1M, and EBIT declined 7.79% from $531.09M to $489.71M.
B
Buy
4/15/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 4/15/2020 due to a decline in the valuation index, volatility index and dividend index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 4/15/2020 due to a decline in the valuation index, volatility index and dividend index.
B
Buy
3/31/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 3/31/2020 due to an increase in the valuation index, total return index and dividend index.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 3/31/2020 due to an increase in the valuation index, total return index and dividend index.
B
Buy
3/16/2020Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/16/2020 due to a decline in the volatility index, total return index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/16/2020 due to a decline in the volatility index, total return index and solvency index.
B
Buy
2/18/2020Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/18/2020 due to a large increase in the volatility index, growth index and total return index. Earnings per share increased from $0.4771 to $0.5803, EBIT increased 19.87% from $443.06M to $531.09M, and total revenue increased 13.45% from $1.55B to $1.76B.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/18/2020 due to a large increase in the volatility index, growth index and total return index. Earnings per share increased from $0.4771 to $0.5803, EBIT increased 19.87% from $443.06M to $531.09M, and total revenue increased 13.45% from $1.55B to $1.76B.
B
Buy
11/29/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/29/2018 due to an increase in the volatility index, total return index and solvency index. Debt to equity declined from 1.61 to 1.55.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 11/29/2018 due to an increase in the volatility index, total return index and solvency index. Debt to equity declined from 1.61 to 1.55.
B
Buy
8/23/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 8/23/2018 due to an increase in the dividend index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 8/23/2018 due to an increase in the dividend index.
C
Hold
8/1/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/1/2018 due to a large decline in the growth index, dividend index and valuation index. Earnings per share declined from $0.6011 to $0.4417, total revenue declined 13.16% from $1.74B to $1.51B, and EBIT declined 7.6% from $484.81M to $447.94M.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/1/2018 due to a large decline in the growth index, dividend index and valuation index. Earnings per share declined from $0.6011 to $0.4417, total revenue declined 13.16% from $1.74B to $1.51B, and EBIT declined 7.6% from $484.81M to $447.94M.
B
Buy
6/12/2018Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/12/2018 due to an increase in the dividend index, valuation index and total return index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/12/2018 due to an increase in the dividend index, valuation index and total return index.
C
Hold
5/2/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 5/2/2018 due to a decline in the total return index, growth index and dividend index. Operating cash flow declined 22.73% from $602.86M to $465.83M.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 5/2/2018 due to a decline in the total return index, growth index and dividend index. Operating cash flow declined 22.73% from $602.86M to $465.83M.
B
Buy
2/13/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/13/2018 due to a large decline in the volatility index and total return index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/13/2018 due to a large decline in the volatility index and total return index.
B
Buy
2/7/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/7/2018 due to a decline in the volatility index and total return index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/7/2018 due to a decline in the volatility index and total return index.
B
Buy
1/8/2018Downgrade
Fortis Inc. (FTS.TO) was downgraded to B+ from A- on 1/8/2018 due to a decline in the total return index and volatility index.
Fortis Inc. (FTS.TO) was downgraded to B+ from A- on 1/8/2018 due to a decline in the total return index and volatility index.
A
Buy
11/6/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to A- from B+ on 11/6/2017 due to a large increase in the growth index, total return index and valuation index. Operating cash flow increased 32.27% from $482.66M to $638.41M, earnings per share increased from $0.4586 to $0.5267, and EBIT increased 3.68% from $462.58M to $479.6M.
Fortis Inc. (FTS.TO) was upgraded to A- from B+ on 11/6/2017 due to a large increase in the growth index, total return index and valuation index. Operating cash flow increased 32.27% from $482.66M to $638.41M, earnings per share increased from $0.4586 to $0.5267, and EBIT increased 3.68% from $462.58M to $479.6M.
B
Buy
10/11/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 10/11/2017 due to an increase in the volatility index and total return index.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 10/11/2017 due to an increase in the volatility index and total return index.
B
Buy
9/25/2017Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 9/25/2017 due to a decline in the total return index, volatility index and solvency index. The quick ratio declined from 0.34 to 0.33.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 9/25/2017 due to a decline in the total return index, volatility index and solvency index. The quick ratio declined from 0.34 to 0.33.
B
Buy
5/4/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/4/2017 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.3676 to $0.5439, EBIT increased 38.03% from $350.8M to $484.21M, and operating cash flow increased 14.78% from $356.05M to $408.67M.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 5/4/2017 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.3676 to $0.5439, EBIT increased 38.03% from $350.8M to $484.21M, and operating cash flow increased 14.78% from $356.05M to $408.67M.
B
Buy
3/6/2017Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 3/6/2017 due to an increase in the total return index, volatility index and growth index.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 3/6/2017 due to an increase in the total return index, volatility index and growth index.
B
Buy
2/17/2017Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/17/2017 due to a substantial decline in the total return index, volatility index and valuation index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 2/17/2017 due to a substantial decline in the total return index, volatility index and valuation index.
B
Buy
7/29/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from A- on 7/29/2016 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.4146 to $0.2928, total revenue declined 10.56% from $1.28B to $1.15B, and debt to equity increased from 1.37 to 1.49.
Fortis Inc. (FTS.TO) was downgraded to B from A- on 7/29/2016 due to a significant decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.4146 to $0.2928, total revenue declined 10.56% from $1.28B to $1.15B, and debt to equity increased from 1.37 to 1.49.
A
Buy
5/31/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to A- from B on 5/31/2016 due to a major increase in the total return index, solvency index and volatility index. Debt to equity declined from 1.52 to 1.37, and the quick ratio increased from 0.44 to 0.45.
Fortis Inc. (FTS.TO) was upgraded to A- from B on 5/31/2016 due to a major increase in the total return index, solvency index and volatility index. Debt to equity declined from 1.52 to 1.37, and the quick ratio increased from 0.44 to 0.45.
B
Buy
3/10/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/10/2016 due to a decline in the valuation index and dividend index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 3/10/2016 due to a decline in the valuation index and dividend index.
B
Buy
2/19/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/19/2016 due to an increase in the growth index, valuation index and dividend index. Operating cash flow increased 8.7% from $273.61M to $297.42M, and total revenue increased 6.91% from $1.2B to $1.28B.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 2/19/2016 due to an increase in the growth index, valuation index and dividend index. Operating cash flow increased 8.7% from $273.61M to $297.42M, and total revenue increased 6.91% from $1.2B to $1.28B.
B
Buy
2/8/2016Downgrade
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/8/2016 due to a decline in the valuation index and dividend index.
Fortis Inc. (FTS.TO) was downgraded to B from B+ on 2/8/2016 due to a decline in the valuation index and dividend index.
B
Buy
1/22/2016Upgraded
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 1/22/2016 due to a noticeable increase in the volatility index, valuation index and efficiency index.
Fortis Inc. (FTS.TO) was upgraded to B+ from B on 1/22/2016 due to a noticeable increase in the volatility index, valuation index and efficiency index.
B
Buy
8/3/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 8/3/2015 due to a significant increase in the growth index, valuation index and solvency index. The quick ratio increased from 0.46 to 0.59, earnings per share increased from $0.5692 to $0.707, and operating cash flow increased 5% from $362.59M to $380.7M.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 8/3/2015 due to a significant increase in the growth index, valuation index and solvency index. The quick ratio increased from 0.46 to 0.59, earnings per share increased from $0.5692 to $0.707, and operating cash flow increased 5% from $362.59M to $380.7M.
B
Buy
7/6/2015Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/6/2015 due to a decline in the volatility index and valuation index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 7/6/2015 due to a decline in the volatility index and valuation index.
B
Buy
6/19/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 6/19/2015 due to an increase in the valuation index, total return index and dividend index.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 6/19/2015 due to an increase in the valuation index, total return index and dividend index.
B
Buy
6/4/2015Downgrade
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/4/2015 due to a noticeable decline in the volatility index, total return index and solvency index.
Fortis Inc. (FTS.TO) was downgraded to B- from B on 6/4/2015 due to a noticeable decline in the volatility index, total return index and solvency index.
B
Buy
2/20/2015Upgraded
Fortis Inc. (FTS.TO) was upgraded to B from B- on 2/20/2015 due to a major increase in the volatility index, growth index and total return index. Earnings per share increased from $0.0551 to $0.3806, operating cash flow increased 416.52% from $56.94M to $294.13M, and total revenue increased 35.61% from $1.1B to $1.49B.
Fortis Inc. (FTS.TO) was upgraded to B from B- on 2/20/2015 due to a major increase in the volatility index, growth index and total return index. Earnings per share increased from $0.0551 to $0.3806, operating cash flow increased 416.52% from $56.94M to $294.13M, and total revenue increased 35.61% from $1.1B to $1.49B.
B
Buy
10/2/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 10/2/2014 due to an increase in the total return index and volatility index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 10/2/2014 due to an increase in the total return index and volatility index.
C
Hold
8/27/2014Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/27/2014 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.595 to $0.2007, EBIT declined 35.5% from $280.1M to $180.65M, and total revenue declined 26.58% from $1.32B to $968.38M.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 8/27/2014 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.595 to $0.2007, EBIT declined 35.5% from $280.1M to $180.65M, and total revenue declined 26.58% from $1.32B to $968.38M.
B
Buy
6/30/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/30/2014 due to an increase in the volatility index and valuation index.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 6/30/2014 due to an increase in the volatility index and valuation index.
C
Hold
6/6/2014Downgrade
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 6/6/2014 due to a decline in the volatility index.
Fortis Inc. (FTS.TO) was downgraded to C+ from B- on 6/6/2014 due to a decline in the volatility index.
B
Buy
5/21/2014Upgraded
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 5/21/2014 due to a major increase in the growth index and volatility index. Earnings per share increased from $0.4482 to $0.595, EBIT increased 20.43% from $232.59M to $280.1M, and total revenue increased 12.58% from $1.17B to $1.32B.
Fortis Inc. (FTS.TO) was upgraded to B- from C+ on 5/21/2014 due to a major increase in the growth index and volatility index. Earnings per share increased from $0.4482 to $0.595, EBIT increased 20.43% from $232.59M to $280.1M, and total revenue increased 12.58% from $1.17B to $1.32B.
