On Monday, NextEra Energy Inc (NYSE: NEE) was -1.38% drop from the session before settling in for the closing price of $76.97. A 52-week range for NEE has been $53.81 – $86.10.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 8.06%. When this article was written, the company’s average yearly earnings per share was at 7.93%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.06 billion.
Considering the fact that the conglomerate employs 16800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 56.81%, operating margin of 35.05%, and the pretax margin is 23.11%.
NextEra Energy Inc (NEE) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextEra Energy Inc stocks. The insider ownership of NextEra Energy Inc is 0.09%, while institutional ownership is 81.78%. 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) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.52 earnings per share (EPS) during the time that was better than consensus figure (set at 0.49) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.93% 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
You can see what NextEra Energy Inc (NEE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.80. Likewise, its price to free cash flow for the trailing twelve months is 29.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 3.69 in one year’s time.
Technical Analysis of NextEra Energy Inc (NEE)
Compared to the last year’s volume of 10.92 million, its volume of 15.79 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.49%. Additionally, its Average True Range was 2.06.
During the past 100 days, NextEra Energy Inc’s (NEE) raw stochastic average was set at 39.06%, which indicates a significant increase from 24.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.05% in the past 14 days, which was higher than the 27.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.95, while its 200-day Moving Average is $71.98. Nevertheless, the first resistance level for the watch stands at $76.79 in the near term. At $77.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $78.20. If the price goes on to break the first support level at $75.38, it is likely to go to the next support level at $74.86. Now, if the price goes above the second support level, the third support stands at $73.97.
NextEra Energy Inc (NYSE: NEE) Key Stats
There are 2,056,405K outstanding shares of the company, which has a market capitalization of 161.02 billion. As of now, sales total 28,114 M while income totals 7,310 M. Its latest quarter income was 7,567 M while its last quarter net income were 1,852 M.