NRG Energy Inc (NYSE: NRG) on Friday, plunged -4.07% from the previous trading day, before settling in for the closing price of $90.40. Within the past 52 weeks, NRG’s price has moved between $41.73 and $96.40.
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During the last 5-year period, the sales growth of Utilities Sector giant was 40.47%. The company achieved an average annual earnings per share of 9.63%. With a float of $201.78 million, this company’s outstanding shares have now reached $208.13 million.
Let’s determine the extent of company efficiency that accounts for 18131 employees. 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
Observing investor behavior towards Utilities – Independent Power Producers industry stocks is more important than anything else. The insider ownership of NRG Energy Inc is 2.23%, while institutional ownership is 98.07%. The most recent insider transaction that took place on Sep 13 ’24, was worth 8,244,151. In this transaction President, NRG Consumer of this company sold 102,603 shares at a rate of $80.35, taking the stock ownership to the 163,680 shares. Before that another transaction happened on May 17 ’24, when Company’s President, NRG Consumer sold 24,546 for $83.41, making the entire transaction worth $2,047,382. This insider now owns 266,064 shares in total.
NRG Energy Inc (NRG) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.41 earnings per share (EPS) for the period falling under the consensus outlook (set at 4.04) by -2.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.63% per share during the next fiscal year.
NRG Energy Inc (NYSE: NRG) Trading Performance Indicators
NRG Energy Inc (NRG) is currently performing well based on its current performance indicators. A quick ratio of 1.11 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59. Likewise, its price to free cash flow for the trailing twelve months is 10.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.32, a number that is poised to hit 2.00 in the next quarter and is forecasted to reach 6.96 in one year’s time.
Technical Analysis of NRG Energy Inc (NRG)
Looking closely at NRG Energy Inc (NYSE: NRG), its last 5-days average volume was 2.35 million, which is a drop from its year-to-date volume of 3.28 million. As of the previous 9 days, the stock’s Stochastic %D was 67.04%. Additionally, its Average True Range was 2.78.
During the past 100 days, NRG Energy Inc’s (NRG) raw stochastic average was set at 69.06%, which indicates a significant increase from 30.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.56% in the past 14 days, which was higher than the 36.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.21, while its 200-day Moving Average is $74.65. However, in the short run, NRG Energy Inc’s stock first resistance to watch stands at $89.32. Second resistance stands at $91.93. The third major resistance level sits at $93.59. If the price goes on to break the first support level at $85.05, it is likely to go to the next support level at $83.39. Should the price break the second support level, the third support level stands at $80.78.
NRG Energy Inc (NYSE: NRG) Key Stats
Market capitalization of the company is 17.17 billion based on 206,380K outstanding shares. Right now, sales total 28,823 M and income totals -202,000 K. The company made 6,659 M in profit during its latest quarter, and 721,000 K in sales during its previous quarter.
