NextEra Energy Inc (NYSE: NEE) kicked off on Friday, down -1.67% from the previous trading day, before settling in for the closing price of $82.81. Over the past 52 weeks, NEE has traded in a range of $53.81-$86.10.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 8.06%. While this was happening, its average annual earnings per share was recorded 7.91%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.06 billion.
The extent of productivity of a business whose workforce counts for 16800 workers is very important to gauge. In terms of profitability, gross margin is 61.56%, operating margin of 35.05%, and the pretax margin is 23.11%.
NextEra Energy Inc (NEE) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of NextEra Energy Inc is 0.09%, while institutional ownership is 82.13%. The most recent insider transaction that took place on Sep 16 ’24, was worth 3,194,980. In this transaction EVP, Chief Legal of this company sold 37,588 shares at a rate of $85.00, taking the stock ownership to the 197,692 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 37,588 for $85.00, making the entire transaction worth $3,194,980.
NextEra Energy Inc (NEE) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.52 earnings per share (EPS), higher than consensus estimate (set at 0.49) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.90% 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
Take a look at NextEra Energy Inc’s (NEE) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.08. Likewise, its price to free cash flow for the trailing twelve months is 31.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 3.69 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 8.5 million was inferior to 10.73 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.26%. Additionally, its Average True Range was 1.68.
During the past 100 days, NextEra Energy Inc’s (NEE) raw stochastic average was set at 72.73%, which indicates a significant increase from 27.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.83% in the past 14 days, which was lower than the 26.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.32, while its 200-day Moving Average is $70.91. Now, the first resistance to watch is $82.61. This is followed by the second major resistance level at $83.79. The third major resistance level sits at $84.45. If the price goes on to break the first support level at $80.77, it is likely to go to the next support level at $80.11. Assuming the price breaks the second support level, the third support level stands at $78.93.
NextEra Energy Inc (NYSE: NEE) Key Stats
The company with the Market Capitalisation of 167.45 billion has total of 2,054,533K Shares Outstanding. Its annual sales at the moment are 28,114 M in contrast with the sum of 7,310 M annual income. Company’s last quarter sales were recorded 7,567 M and last quarter income was 1,852 M.
