NextEra Energy Inc (NYSE: NEE) on Friday, soared 0.19% from the previous trading day, before settling in for the closing price of $78.52. Within the past 52 weeks, NEE’s price has moved between $53.95 and $86.10.
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A company in the Utilities sector has jumped its sales by 8.06% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.99%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.06 billion.
In an organization with 16800 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of NextEra Energy Inc is 0.08%, while institutional ownership is 81.55%. The most recent insider transaction that took place on Nov 12 ’24, was worth 302,809. In this transaction EVP, Human Res & Corp Svcs of this company sold 4,007 shares at a rate of $75.57, taking the stock ownership to the 15,792 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Officer proposed sale 4,007 for $75.57, making the entire transaction worth $302,809.
NextEra Energy Inc (NEE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.05% 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
NextEra Energy Inc (NEE) is currently performing well based on its current performance indicators. A quick ratio of 0.33 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 6.85. Likewise, its price to free cash flow for the trailing twelve months is 30.07.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 10.88 million. That was inferior than the volume of 10.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.17%. Additionally, its Average True Range was 1.68.
During the past 100 days, NextEra Energy Inc’s (NEE) raw stochastic average was set at 52.43%, which indicates a significant decrease from 87.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.20% 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 $80.41, while its 200-day Moving Average is $73.23. However, in the short run, NextEra Energy Inc’s stock first resistance to watch stands at $79.00. Second resistance stands at $79.33. The third major resistance level sits at $79.67. If the price goes on to break the first support level at $78.33, it is likely to go to the next support level at $77.99. The third support level lies at $77.66 if the price breaches the second support level.
NextEra Energy Inc (NYSE: NEE) Key Stats
Market capitalization of the company is 162.09 billion based on 2,056,405K outstanding shares. Right now, sales total 28,114 M and income totals 7,310 M. The company made 7,567 M in profit during its latest quarter, and 1,852 M in sales during its previous quarter.
