On Friday, NextEra Energy Inc (NYSE: NEE) was -1.35% down from the session before settling in for the closing price of $63.94. A 52-week range for NEE has been $47.15 – $79.78.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 8.06%. When this article was written, the company’s average yearly earnings per share was at 7.31%. With a float of $2.04 billion, this company’s outstanding shares have now reached $2.05 billion.
The extent of productivity of a business whose workforce counts for 16800 workers is very important to gauge.
NextEra Energy Inc (NEE) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextEra Energy Inc stocks. The insider ownership of NextEra Energy Inc is 0.49%, while institutional ownership is 79.97%. The most recent insider transaction that took place on Mar 13 ’24, was worth 114,342. In this transaction VP, Controller and CAO of this company sold 1,938 shares at a rate of $59.00, taking the stock ownership to the 17,432 shares. Before that another transaction happened on Feb 07 ’24, when Company’s Director bought 20,000 for $55.84, making the entire transaction worth $1,116,700. This insider now owns 25,000 shares in total.
NextEra Energy Inc (NEE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 92.00 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.84% during the next five years compared to 0.74% growth over the previous five years of trading.
NextEra Energy Inc (NYSE: NEE) Trading Performance Indicators
You can see what NextEra Energy Inc (NEE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.68. Likewise, its price to free cash flow for the trailing twelve months is 73.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.61, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.68 in one year’s time.
Technical Analysis of NextEra Energy Inc (NEE)
The latest stats from [NextEra Energy Inc, NEE] show that its last 5-days average volume of 9.84 million was inferior to 11.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 45.53%. Additionally, its Average True Range was 1.43.
During the past 100 days, NextEra Energy Inc’s (NEE) raw stochastic average was set at 76.68%, which indicates a significant increase from 39.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.35% in the past 14 days, which was higher than the 24.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.13, while its 200-day Moving Average is $61.92. Now, the first resistance to watch is $63.94. This is followed by the second major resistance level at $64.81. The third major resistance level sits at $65.30. If the price goes on to break the first support level at $62.58, it is likely to go to the next support level at $62.09. Assuming the price breaks the second support level, the third support level stands at $61.22.
NextEra Energy Inc (NYSE: NEE) Key Stats
There are 2,052,429K outstanding shares of the company, which has a market capitalization of 129.47 billion. As of now, sales total 28,114 M while income totals 7,310 M. Its latest quarter income was 6,877 M while its last quarter net income were 1,210 M.
