The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
NRG Energy Inc. (NYSE: NRG) closed the day trading at $71.49 up 1.56% from the previous closing price of $70.39. In other words, the price has increased by $1.56 from its previous closing price. On the day, 2.42 million shares were traded. NRG stock price reached its highest trading level at $72.18 during the session, while it also had its lowest trading level at $70.64.
Ratios:
For a better understanding of NRG, let’s 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 15351332864 and an Enterprise Value of 25722599424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 6.60. Its current Enterprise Value per Revenue stands at 0.892 whereas that against EBITDA is 91.215.
Stock Price History:
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 13.07%, while the 200-Day Moving Average is calculated to be 47.48%.
Shares Statistics:
Over the past 3-months, NRG traded about 3.83M shares per day on average, while over the past 10 days, NRG traded about 3773350 shares per day. A total of 214.73M shares are outstanding, with a floating share count of 209.87M. Insiders hold about 2.27% of the company’s shares, while institutions hold 101.24% stake in the company. Shares short for NRG as of 1711584000 were 10069310 with a Short Ratio of 2.63, 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
NRG’s forward annual dividend rate is 1.54, up from 1.54 a year ago. Against a Trailing Annual Dividend Yield of 0.021878107The stock’s 5-year Average Dividend Yield is 2.78.
