NextEra Energy Partners LP (NYSE: NEP) established initial surge of 1.41% at $27.38, before settling in for the price of $27.00 at the close. Taking a more long-term approach, NEP posted a 52-week range of $20.17-$64.43.
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The Utilities sector firm’s twelve-monthly sales growth has been 7.45% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -54.88%. This publicly-traded company’s shares outstanding now amounts to $93.40 million, simultaneously with a float of $90.93 million. The organization now has a market capitalization sitting at $2.56 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.30, while the 200-day Moving Average is $34.53.
NextEra Energy Partners LP (NEP) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the NextEra Energy Partners LP industry. NextEra Energy Partners LP’s current insider ownership accounts for 2.79%, in contrast to 67.05% institutional ownership. According to the most recent insider trade that took place on Apr 27 ’23, this organization’s Director bought 1,750 shares at the rate of 56.89, making the entire transaction reach 99,558 in total value, affecting insider ownership by 32,340.
NextEra Energy Partners LP (NEP) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 169.48 per share during the current fiscal year.
NextEra Energy Partners LP’s EPS decrease for this current 12-month fiscal period is -54.88% and is forecasted to reach 1.02 in the upcoming year.
NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators
Let’s observe the current performance indicators for NextEra Energy Partners LP (NEP). It’s Quick Ratio in the last reported quarter now stands at 1.28. The Stock has managed to achieve an average true range (ATR) of 1.05. Alongside those numbers, its PE Ratio stands at $12.81, and its Beta score is 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.04.
In the same vein, NEP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.14, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.02 at the market close of one year from today.
Technical Analysis of NextEra Energy Partners LP (NEP)
Now, what If we examine the latest scores posted by [NextEra Energy Partners LP, NEP]. During the last 5-days, its volume was better the volume of 1.37 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 15.44% While, its Average True Range was 1.09.
Raw Stochastic average of NextEra Energy Partners LP (NEP) in the period of the previous 100 days is set at 51.95%, which indicates a major rise in contrast to 22.38% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.92% that was lower than 46.12% volatility it exhibited in the past 100-days period.
