A new trading day began on Friday, with NextEra Energy Inc (NYSE: NEE) stock price down -0.10% from the previous day of trading, before settling in for the closing price of $77.54. NEE’s price has ranged from $47.15 to $80.56 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 8.06%. Meanwhile, its annual earnings per share averaged 7.53%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.06 billion.
Let’s determine the extent of company efficiency that accounts for 16800 employees.
NextEra Energy Inc (NEE) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of NextEra Energy Inc is 0.08%, while institutional ownership is 81.29%. The most recent insider transaction that took place on Aug 01 ’24, was worth 50,646. Before that another transaction happened on Aug 01 ’24, when Company’s EVP, Human Res & Corp Svcs sold 658 for $76.97, making the entire transaction worth $50,646. This insider now owns 100 shares in total.
NextEra Energy Inc (NEE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.20% 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
Here are NextEra Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.51. Likewise, its price to free cash flow for the trailing twelve months is 37.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.08, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 3.69 in one year’s time.
Technical Analysis of NextEra Energy Inc (NEE)
Looking closely at NextEra Energy Inc (NYSE: NEE), its last 5-days average volume was 8.22 million, which is a drop from its year-to-date volume of 11.59 million. As of the previous 9 days, the stock’s Stochastic %D was 58.70%. Additionally, its Average True Range was 1.96.
During the past 100 days, NextEra Energy Inc’s (NEE) raw stochastic average was set at 84.73%, which indicates a significant increase from 64.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.94% in the past 14 days, which was higher than the 28.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.19, while its 200-day Moving Average is $64.73. However, in the short run, NextEra Energy Inc’s stock first resistance to watch stands at $78.21. Second resistance stands at $78.96. The third major resistance level sits at $79.89. If the price goes on to break the first support level at $76.53, it is likely to go to the next support level at $75.60. Now, if the price goes above the second support level, the third support stands at $74.85.
NextEra Energy Inc (NYSE: NEE) Key Stats
With a market capitalization of 159.21 billion, the company has a total of 2,054,533K Shares Outstanding. Currently, annual sales are 28,114 M while annual income is 7,310 M. The company’s previous quarter sales were 6,069 M while its latest quarter income was 1,622 M.
