NextEra Energy Partners LP (NYSE: NEP) on Monday, plunged -3.99% from the previous trading day, before settling in for the closing price of $18.06. Within the past 52 weeks, NEP’s price has moved between $15.55 and $35.15.
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During the last 5-year period, the sales growth of Utilities Sector giant was 6.59%. The company achieved an average annual earnings per share of 52.12%. With a float of $90.93 million, this company’s outstanding shares have now reached $93.50 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Renewable industry stocks is more important than anything else. The insider ownership of NextEra Energy Partners LP is 2.79%, while institutional ownership is 58.48%.
NextEra Energy Partners LP (NEP) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.12% per share during the next fiscal year.
NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators
NextEra Energy Partners LP (NEP) is currently performing well based on its current performance indicators. A quick ratio of 1.78 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 2.82. Likewise, its price to free cash flow for the trailing twelve months is 10.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.18, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 4.23 in one year’s time.
Technical Analysis of NextEra Energy Partners LP (NEP)
Looking closely at NextEra Energy Partners LP (NYSE: NEP), its last 5-days average volume was 1.3 million, which is a jump from its year-to-date volume of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 45.45%. Additionally, its Average True Range was 0.74.
During the past 100 days, NextEra Energy Partners LP’s (NEP) raw stochastic average was set at 14.09%, which indicates a significant decrease from 25.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.36% in the past 14 days, which was lower than the 51.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.81, while its 200-day Moving Average is $25.18. However, in the short run, NextEra Energy Partners LP’s stock first resistance to watch stands at $17.69. Second resistance stands at $18.05. The third major resistance level sits at $18.56. If the price goes on to break the first support level at $16.82, it is likely to go to the next support level at $16.31. Now, if the price goes above the second support level, the third support stands at $15.95.
NextEra Energy Partners LP (NYSE: NEP) Key Stats
Market capitalization of the company is 3.24 billion based on 93,534K outstanding shares. Right now, sales total 1,078 M and income totals 200,000 K. The company made 319,000 K in profit during its latest quarter, and -40,000 K in sales during its previous quarter.
