NextEra Energy Partners LP (NYSE: NEP) closed the day trading at $27.00 down -0.26% from the previous closing price of $27.07. On the day, 1563681 shares were traded.
Ratios:
For a better understanding of NEP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 1.77 whereas as Long-Term Debt/Eq ratio is at 1.39.
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, Barclays on April 10, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $32.
On February 13, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $43.
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 Apr 27 ’23 when Kind Peter H bought 1,750 shares for $56.89 per share. The transaction valued at 99,558 led to the insider holds 32,340 shares of the business.
Valuation Measures:
As of this moment, NextEra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.63, and their Forward P/E ratio for the next fiscal year is 24.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 0.71.
Stock Price History:
Over the past 52 weeks, NEP has reached a high of $64.43, while it has fallen to a 52-week low of $20.17.
Shares Statistics:
A total of 93.40M shares are outstanding, with a floating share count of 90.93M. Insiders hold about 2.79% of the company’s shares, while institutions hold 67.61% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Newmont Corporation analysts. The consensus estimate for the next quarter is $167.50, with high estimates of $91.04 and low estimates of $61.70.
Analysts are recommending an EPS of between $Technology and $Utilities for the fiscal current year, implying an average EPS of $Consumer Defensive.
