NextEra Energy Partners LP (NEP)’s financial ratios: A comprehensive overview

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.53 million shares were traded. NEP stock price reached its highest trading level at $17.81 during the session, while it also had its lowest trading level at $17.4609.

Ratios:

Our analysis of NEP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.49.

On October 28, 2024, Guggenheim Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $37 to $22.

JP Morgan Upgraded its Underweight to Neutral on October 24, 2024, whereas the target price for the stock was revised from $25 to $22.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEP now has a Market Capitalization of 1636848512 and an Enterprise Value of 16711847936. As of this moment, NextEra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.02, and their Forward P/E ratio for the next fiscal year is 4.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 14.32 whereas that against EBITDA is 25.244.

Stock Price History:

Over the past 52 weeks, NEP has reached a high of $35.15, while it has fallen to a 52-week low of $15.55. The 50-Day Moving Average of the stock is -10.02%, while the 200-Day Moving Average is calculated to be -32.43%.

Shares Statistics:

NEP traded an average of 2.03M shares per day over the past three months and 1336130 shares per day over the past ten days. A total of 93.50M shares are outstanding, with a floating share count of 90.93M. Insiders hold about 2.79% of the company’s shares, while institutions hold 58.47% stake in the company. Shares short for NEP as of 1732838400 were 3792762 with a Short Ratio of 1.87, compared to 1730332800 on 5249363. Therefore, it implies a Short% of Shares Outstanding of 3792762 and a Short% of Float of 4.17.

Dividends & Splits

With its trailing 12-month dividend rate of 3.595, NEP has a forward annual dividend rate of 3.59. Against a Trailing Annual Dividend Yield of 0.20542857The stock’s 5-year Average Dividend Yield is 6.21.

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