For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, NRG Energy Inc. (NYSE: NRG) closed at $75.82 up 3.30% from its previous closing price of $73.40. In other words, the price has increased by $3.30 from its previous closing price. On the day, 5.85 million shares were traded. NRG stock price reached its highest trading level at $78.15 during the session, while it also had its lowest trading level at $73.87.
Ratios:
For a deeper understanding of NRG 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 55.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 3.30 whereas as Long-Term Debt/Eq ratio is at 2.94.
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:
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 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 15806650368 and an Enterprise Value of 26529402880. As of this moment, NRG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.52, and their Forward P/E ratio for the next fiscal year is 11.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 5.96. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is 9.273.
Stock Price History:
Over the past 52 weeks, NRG has reached a high of $83.03, while it has fallen to a 52-week low of $30.62. The 50-Day Moving Average of the stock is 11.42%, while the 200-Day Moving Average is calculated to be 50.22%.
Shares Statistics:
For the past three months, NRG has traded an average of 3.81M shares per day and 3282230 over the past ten days. A total of 214.73M shares are outstanding, with a floating share count of 209.88M. Insiders hold about 2.26% of the company’s shares, while institutions hold 101.23% stake in the company. Shares short for NRG as of 1713139200 were 9236373 with a Short Ratio of 2.43, compared to 1710460800 on 15274534. Therefore, it implies a Short% of Shares Outstanding of 9236373 and a Short% of Float of 5.63.
Dividends & Splits
According to the company, the forward annual dividend rate for NRG is 1.57, from 1.57 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021389646The stock’s 5-year Average Dividend Yield is 2.81.
