NRG Energy Inc. (NYSE: NRG) kicked off on Friday, up 2.02% from the previous trading day, before settling in for the closing price of $81.85. Over the past 52 weeks, NRG has traded in a range of $36.61-$87.58.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 40.47%. While this was happening, its average annual earnings per share was recorded 13.33%. With a float of $201.74 million, this company’s outstanding shares have now reached $208.13 million.
Considering the fact that the conglomerate employs 18131 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.56%, operating margin of 6.91%, and the pretax margin is 9.75%.
NRG Energy Inc. (NRG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Independent Power Producers Industry. The insider ownership of NRG Energy Inc. is 2.25%, while institutional ownership is 98.69%. The most recent insider transaction that took place on May 17 ’24, was worth 2,047,382. In this transaction President, NRG Consumer of this company sold 24,546 shares at a rate of $83.41, taking the stock ownership to the 266,064 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Exec VP, Smart Home sold 49,092 for $62.59, making the entire transaction worth $3,072,668. This insider now owns 356,962 shares in total.
NRG Energy Inc. (NRG) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.41 earnings per share (EPS), lower than consensus estimate (set at 4.04) by -2.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.33% per share during the next fiscal year.
NRG Energy Inc. (NYSE: NRG) Trading Performance Indicators
Take a look at NRG Energy Inc.’s (NRG) current performance indicators. Last quarter, stock had a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 10.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.32, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 6.75 in one year’s time.
Technical Analysis of NRG Energy Inc. (NRG)
Compared to the last year’s volume of 3.5 million, its volume of 2.3 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.74%. Additionally, its Average True Range was 2.57.
During the past 100 days, NRG Energy Inc.’s (NRG) raw stochastic average was set at 81.84%, which indicates a significant decrease from 97.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.43% in the past 14 days, which was lower than the 39.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.84, while its 200-day Moving Average is $65.46. Nevertheless, the first resistance level for the watch stands at $84.11 in the near term. At $84.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $85.78. If the price goes on to break the first support level at $82.45, it is likely to go to the next support level at $81.39. Should the price break the second support level, the third support level stands at $80.78.
NRG Energy Inc. (NYSE: NRG) Key Stats
The company with the Market Capitalisation of 17.23 billion has total of 208,476K Shares Outstanding. Its annual sales at the moment are 28,823 M in contrast with the sum of -202,000 K annual income. Company’s last quarter sales were recorded 6,659 M and last quarter income was 721,000 K.
