As of close of business last night, NRG Energy Inc.’s stock clocked out at $74.59, up 1.93% from its previous closing price of $73.18. In other words, the price has increased by $+1.41 from its previous closing price. On the day, 3657039 shares were traded. NRG stock price reached its highest trading level at $74.84 during the session, while it also had its lowest trading level at $72.72.
Ratios:
To gain a deeper understanding of NRG’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 16.02B and an Enterprise Value of 27.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 6.88. Its current Enterprise Value per Revenue stands at 0.94 whereas that against EBITDA is 15.35.
Stock Price History:
Over the past 52 weeks, NRG has reached a high of $74.74, while it has fallen to a 52-week low of $30.52. The 50-Day Moving Average of the stock is 60.60, while the 200-Day Moving Average is calculated to be 47.25.
Shares Statistics:
It appears that NRG traded 3.74M shares on average per day over the past three months and 3.79M shares per day over the past ten days. A total of 214.73M shares are outstanding, with a floating share count of 209.62M. Insiders hold about 2.38% of the company’s shares, while institutions hold 101.22% stake in the company. Shares short for NRG as of Mar 28, 2024 were 10.07M with a Short Ratio of 2.69, compared to 15.73M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.69% and a Short% of Float of 6.14%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.54, NRG has a forward annual dividend rate of 1.54. Against a Trailing Annual Dividend Yield of 2.10%, it implies a Forward Annual Dividend Yield of 2.19%. The stock’s 5-year Average Dividend Yield is 2.78.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.41 and a low estimate of $0.41, while EPS last year was -$5.82. The consensus estimate for the next quarter is $2.02, with high estimates of $2.02 and low estimates of $2.02.
Analysts are recommending an EPS of between $6.37 and $4.81 for the fiscal current year, implying an average EPS of $5.76. EPS for the following year is $6.24, with 5 analysts recommending between $7.54 and $5.27.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $7.64B. It ranges from a high estimate of $7.64B to a low estimate of $7.64B. As of the current estimate, NRG Energy Inc.’s year-ago sales were $7.72B, an estimated decrease of -1.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $8.32B, an increase of 7.70% over than the figure of -$1.00% in the same quarter last year. There is a high estimate of $8.32B for the next quarter, whereas the lowest estimate is $8.32B.
A total of 4 analysts have provided revenue estimates for NRG’s current fiscal year. The highest revenue estimate was $32.4B, while the lowest revenue estimate was $26.76B, resulting in an average revenue estimate of $29.86B. In the same quarter a year ago, actual revenue was $28.82B, up 3.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $30.17B in the next fiscal year. The high estimate is $32.69B and the low estimate is $26.65B. The average revenue growth estimate for next year is up 1.00% from the average revenue estimate for this year.
