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After finishing at $74.52 in the prior trading day, NRG Energy Inc. (NYSE: NRG) closed at $73.42, down -1.48%. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 4.22 million shares were traded. NRG stock price reached its highest trading level at $74.5599 during the session, while it also had its lowest trading level at $70.35.
Ratios:
Our goal is to gain a better understanding of NRG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 3.78 whereas as Long-Term Debt/Eq ratio is at 3.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on January 23, 2024, initiated with a Overweight rating and assigned the stock a target price of $65.
On November 06, 2023, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $33 to $46.
Guggenheim Upgraded its Neutral to Buy on November 01, 2023, while the target price for the stock was maintained at $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Killinger Elizabeth R sold 40,000 shares for $63.64 per share. The transaction valued at 2,545,600 led to the insider holds 107,123 shares of the business.
Patel Rasesh M. sold 49,092 shares of NRG for $3,072,668 on Mar 14 ’24. The Exec VP, Smart Home now owns 356,962 shares after completing the transaction at $62.59 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NRG now has a Market Capitalization of 15765770240 and an Enterprise Value of 26352902144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 6.77. Its current Enterprise Value per Revenue stands at 0.914 whereas that against EBITDA is 93.45.
Stock Price History:
The Beta on a monthly basis for NRG is 1.09, which has changed by 1.1238067 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, NRG has reached a high of $76.54, while it has fallen to a 52-week low of $30.52. The 50-Day Moving Average of the stock is 18.82%, while the 200-Day Moving Average is calculated to be 53.57%.
Shares Statistics:
The stock has traded on average 3.78M shares per day over the past 3-months and 3860890 shares per day over the last 10 days, according to various share statistics. A total of 214.73M shares are outstanding, with a floating share count of 209.62M. Insiders hold about 2.38% of the company’s shares, while institutions hold 101.19% stake in the company. Shares short for NRG as of 1711584000 were 10069310 with a Short Ratio of 2.67, compared to 1709164800 on 15730322. Therefore, it implies a Short% of Shares Outstanding of 10069310 and a Short% of Float of 6.140000000000001.
Dividends & Splits
In the trailing 12 months, NRG’s forward annual dividend rate was 1.54, compared to 1.54 this year. The stock’s 5-year Average Dividend Yield is 2.78.
Earnings Estimates
A comprehensive evaluation of NRG Energy Inc. (NRG) is underway, with the input of 1 analysts contributing to its current rating.On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.41 and a low estimate of $0.41, while EPS last year was -$5.82. The consensus estimate for the next quarter is $2.02, with high estimates of $2.02 and low estimates of $2.02.
Analysts are recommending an EPS of between $6.37 and $4.61 for the fiscal current year, implying an average EPS of $5.48. EPS for the following year is $6.32, with 5 analysts recommending between $7.54 and $5.43.
Revenue Estimates
1 analysts predict $7.64B in revenue for the current quarter. It ranges from a high estimate of $7.64B to a low estimate of $7.64B. As of the current estimate, NRG Energy Inc.’s year-ago sales were $7.72B, an estimated decrease of -1.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $8.32B, an increase of 7.70% over than the figure of -$1.00% in the same quarter last year. There is a high estimate of $8.32B for the next quarter, whereas the lowest estimate is $8.32B.
A total of 4 analysts have provided revenue estimates for NRG’s current fiscal year. The highest revenue estimate was $32.4B, while the lowest revenue estimate was $26.76B, resulting in an average revenue estimate of $29.98B. In the same quarter a year ago, actual revenue was $28.82B, up 4.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $30.26B in the next fiscal year. The high estimate is $32.69B and the low estimate is $26.65B. The average revenue growth estimate for next year is up 0.90% from the average revenue estimate for this year.
