On Friday, NextEra Energy Partners LP (NYSE: NEP) was -4.16% drop from the session before settling in for the closing price of $18.26. A 52-week range for NEP has been $17.94 – $35.15.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 7.45%. When this article was written, the company’s average yearly earnings per share was at -9.62%. With a float of $90.93 million, this company’s outstanding shares have now reached $93.40 million.
In terms of profitability, gross margin is 19.32%, operating margin of 2.34%, and the pretax margin is -16.46%.
NextEra Energy Partners LP (NEP) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextEra Energy Partners LP stocks. The insider ownership of NextEra Energy Partners LP is 2.79%, while institutional ownership is 61.08%.
NextEra Energy Partners LP (NEP) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.2 earnings per share (EPS) during the time that was better than consensus figure (set at 0.16) by 1.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.62% per share during the next fiscal year.
NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators
You can see what NextEra Energy Partners LP (NEP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 10.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.18, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 2.42 in one year’s time.
Technical Analysis of NextEra Energy Partners LP (NEP)
Compared to the last year’s volume of 1.54 million, its volume of 3.42 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.45%. Additionally, its Average True Range was 1.00.
During the past 100 days, NextEra Energy Partners LP’s (NEP) raw stochastic average was set at 1.62%, which indicates a significant decrease from 2.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.79% in the past 14 days, which was higher than the 51.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.22, while its 200-day Moving Average is $27.45. Nevertheless, the first resistance level for the watch stands at $18.05 in the near term. At $18.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.97. If the price goes on to break the first support level at $17.13, it is likely to go to the next support level at $16.76. Should the price break the second support level, the third support level stands at $16.21.
NextEra Energy Partners LP (NYSE: NEP) Key Stats
There are 93,534K outstanding shares of the company, which has a market capitalization of 3.14 billion. As of now, sales total 1,078 M while income totals 200,000 K. Its latest quarter income was 319,000 K while its last quarter net income were -40,000 K.
