Ratios Reveal: Breaking Down NextEra Energy Inc (NEE)’s Financial Health

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NextEra Energy Inc (NYSE: NEE) closed the day trading at $77.41 down -0.77% from the previous closing price of $78.01. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 5.93 million shares were traded. NEE stock price reached its highest trading level at $77.75 during the session, while it also had its lowest trading level at $77.13.

Ratios:

For a better understanding of NEE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 75.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.49. In the meantime, Its Debt-to-Equity ratio is 1.68 whereas as Long-Term Debt/Eq ratio is at 1.39.

On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $66.

On December 08, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $69.Citigroup initiated its Buy rating on December 08, 2023, with a $69 target price.

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 Aug 01 ’24 when Daggs Nicole J sold 658 shares for $76.97 per share. The transaction valued at 50,646 led to the insider holds 100 shares of the business.

Daggs Nicole J bought 658 shares of NEE for $50,646 on Aug 01 ’24. On May 31 ’24, another insider, Sieving Charles E, who serves as the EVP, Chief Legal of the company, sold 51,723 shares for $78.55 each. As a result, the insider received 4,062,600 and left with 197,692 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEE now has a Market Capitalization of 159104647168 and an Enterprise Value of 251716141056. As of this moment, NextEra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.14, and their Forward P/E ratio for the next fiscal year is 21.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.50 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 9.738 whereas that against EBITDA is 17.874.

Stock Price History:

Over the past 52 weeks, NEE has reached a high of $80.56, while it has fallen to a 52-week low of $47.15. The 50-Day Moving Average of the stock is 4.40%, while the 200-Day Moving Average is calculated to be 19.00%.

Shares Statistics:

Over the past 3-months, NEE traded about 10.86M shares per day on average, while over the past 10 days, NEE traded about 8243370 shares per day. A total of 2.06B shares are outstanding, with a floating share count of 2.05B. Insiders hold about 0.09% of the company’s shares, while institutions hold 82.83% stake in the company. Shares short for NEE as of 1722384000 were 32387845 with a Short Ratio of 2.98, compared to 1719532800 on 38155210. Therefore, it implies a Short% of Shares Outstanding of 32387845 and a Short% of Float of 1.5800001000000001.

Dividends & Splits

NEE’s forward annual dividend rate is 1.97, up from 1.965 a year ago. Against a Trailing Annual Dividend Yield of 0.025189077The stock’s 5-year Average Dividend Yield is 2.22.

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