No matter how cynical the overall market is, NextEra Energy Partners LP (NEP) performance over the last week is recorded 4.69%

On Monday, NextEra Energy Partners LP (NYSE: NEP) was 4.09% up from the session before settling in for the closing price of $28.09. A 52-week range for NEP has been $20.17 – $73.33.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 7.51%. When this article was written, the company’s average yearly earnings per share was at -43.49%. With a float of $92.16 million, this company’s outstanding shares have now reached $93.40 million.

Considering the fact that the conglomerate employs Feb 05 2024 people, you should pay attention to its efficiency factor.

NextEra Energy Partners LP (NEP) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextEra Energy Partners LP stocks. The insider ownership of NextEra Energy Partners LP is 1.36%, while institutional ownership is 76.02%. The most recent insider transaction that took place on Apr 27, was worth 99,558. In this transaction Director of this company bought 1,750 shares at a rate of $56.89, taking the stock ownership to the 32,340 shares.

NextEra Energy Partners LP (NEP) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $1.2 earnings per share (EPS) during the time that was better than consensus figure (set at $0.16) by $1.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -43.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.90% during the next five years compared to -5.58% drop over the previous five years of trading.

NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators

You can see what NextEra Energy Partners LP (NEP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.14, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.51 in one year’s time.

Technical Analysis of NextEra Energy Partners LP (NEP)

Compared to the last year’s volume of 1.56 million, its volume of 1.11 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.10%. Additionally, its Average True Range was 1.27.

During the past 100 days, NextEra Energy Partners LP’s (NEP) raw stochastic average was set at 30.55%, which indicates a significant decrease from 51.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.51% in the past 14 days, which was lower than the 85.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.58, while its 200-day Moving Average is $41.59. Nevertheless, the first resistance level for the watch stands at $29.63 in the near term. At $30.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.72. If the price goes on to break the first support level at $28.54, it is likely to go to the next support level at $27.84. Now, if the price goes above the second support level, the third support stands at $27.45.

NextEra Energy Partners LP (NYSE: NEP) Key Stats

There are 93,433K outstanding shares of the company, which has a market capitalization of 2.73 billion. As of now, sales total 1,078 M while income totals 200,000 K. Its latest quarter income was 232,000 K while its last quarter net income were 112,000 K.