Daily Progress: Clearway Energy Inc (CWEN) Drop -2.50, Closing at 26.10

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In the latest session, Clearway Energy Inc (NYSE: CWEN) closed at $26.10 down -2.50% from its previous closing price of $26.77. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 0.82 million shares were traded. CWEN stock price reached its highest trading level at $26.76 during the session, while it also had its lowest trading level at $26.04.

Ratios:

For a deeper understanding of Clearway Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 3.61 whereas as Long-Term Debt/Eq ratio is at 3.42.

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, Exane BNP Paribas on October 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $36.

On September 20, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $35.

Morgan Stanley Upgraded its Equal-Weight to Overweight on July 31, 2024, whereas the target price for the stock was revised from $25 to $36.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 11 ’24 when Ford Brian R. sold 2,000 shares for $26.74 per share. The transaction valued at 53,486 led to the insider holds 8,153 shares of the business.

Ford Brian R. bought 1,000 shares of CWEN for $27,795 on Dec 11 ’24. On Aug 09 ’24, another insider, ONEAL E STANLEY, who serves as the Director of the company, bought 3,000 shares for $28.35 each. As a result, the insider paid 85,045 and bolstered with 67,842 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CWEN now has a Market Capitalization of 5153079808 and an Enterprise Value of 13962328064. As of this moment, Clearway’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.09, and their Forward P/E ratio for the next fiscal year is 31.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 10.236 whereas that against EBITDA is 13.702.

Stock Price History:

Over the past 52 weeks, CWEN has reached a high of $30.92, while it has fallen to a 52-week low of $20.63. The 50-Day Moving Average of the stock is -5.84%, while the 200-Day Moving Average is calculated to be -1.24%.

Shares Statistics:

For the past three months, CWEN has traded an average of 885.76K shares per day and 720890 over the past ten days. A total of 82.83M shares are outstanding, with a floating share count of 81.50M. Insiders hold about 30.61% of the company’s shares, while institutions hold 62.34% stake in the company. Shares short for CWEN as of 1732838400 were 2472318 with a Short Ratio of 2.79, compared to 1730332800 on 2430591. Therefore, it implies a Short% of Shares Outstanding of 2472318 and a Short% of Float of 4.25.

Dividends & Splits

According to the company, the forward annual dividend rate for CWEN is 1.65, from 1.627 in the trailing year. Against a Trailing Annual Dividend Yield of 0.060776986The stock’s 5-year Average Dividend Yield is 4.65.

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