On May 22, 2023, NRG Energy Inc. (NYSE: NRG) opened at $33.58, higher 1.61% from the last session. During the day, the shares moved up to $34.23 and dropped to $33.30 before settling in for the closing price of $33.49. Price fluctuations for NRG have ranged from $30.25 to $47.82 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 28.30%. Company’s average yearly earnings per share was noted -42.00% at the time writing. With a float of $228.25 million, this company’s outstanding shares have now reached $230.00 million.
The extent of productivity of a business whose workforce counts for 6603 workers is very important to gauge. In terms of profitability, gross margin is +6.80, operating margin of +2.88, and the pretax margin is +5.27.
NRG Energy Inc. (NRG) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Independent Power Producers industry is another important factor to consider. The insider ownership of NRG Energy Inc. is 0.90%, while institutional ownership is 99.97%. The most recent insider transaction that took place on Dec 16, was worth 109,795. In this transaction Director of this company bought 3,500 shares at a rate of $31.37, taking the stock ownership to the 89,320 shares. Before that another transaction happened on Dec 16, when Company’s Director bought 2,500 for $31.32, making the entire transaction worth $78,300. This insider now owns 17,724 shares in total.
NRG Energy Inc. (NRG) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$5.82 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $1.05) by -$6.87. This company achieved a net margin of +3.87 while generating a return on equity of 32.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -42.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.30% during the next five years compared to 27.80% growth over the previous five years of trading.
NRG Energy Inc. (NYSE: NRG) Trading Performance Indicators
Check out the current performance indicators for NRG Energy Inc. (NRG). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.13, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 6.08 in one year’s time.
Technical Analysis of NRG Energy Inc. (NRG)
The latest stats from [NRG Energy Inc., NRG] show that its last 5-days average volume of 5.17 million was superior to 4.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.74%. Additionally, its Average True Range was 1.08.
During the past 100 days, NRG Energy Inc.’s (NRG) raw stochastic average was set at 62.27%, which indicates a significant decrease from 75.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.86% in the past 14 days, which was higher than the 31.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.32, while its 200-day Moving Average is $36.96. Now, the first resistance to watch is $34.41. This is followed by the second major resistance level at $34.78. The third major resistance level sits at $35.34. If the price goes on to break the first support level at $33.48, it is likely to go to the next support level at $32.92. The third support level lies at $32.55 if the price breaches the second support level.
NRG Energy Inc. (NYSE: NRG) Key Stats
There are currently 230,232K shares outstanding in the company with a market cap of 7.83 billion. Presently, the company’s annual sales total 31,543 M according to its annual income of 1,221 M. Last quarter, the company’s sales amounted to 7,722 M and its income totaled -1,339 M.
