Key Takeaways from NRG Energy Inc. (NRG)’s Recent Sales and Margin Figures

NRG Energy Inc. [NRG] stock prices are up 1.73% to $57.69 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NRG shares have gain 9.32% over the last week, with a monthly amount glided 6.34%, and seem to be holding up well over a long-time horizon.

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On 28, February 2024, NRG Energy, Inc. Reports Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Exceeded revised guidance on Free Cash Flow before Growth and achieved high end of Adjusted EBITDA revised guidance.

From an analyst’s perspective:

NRG Energy Inc. [NYSE: NRG] stock has seen the most recent analyst activity on January 23, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $65. Previously, UBS upgraded its rating to Neutral on November 06, 2023, and elevated its price target to $46. On November 01, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $50 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $36 on March 20, 2023. BofA Securities upgraded its rating to a Neutral. Morgan Stanley downgraded its rating to Equal-Weight for this stock on December 09, 2022, and downed its price target to $37. In a note dated December 07, 2022, UBS downgraded an Sell rating on this stock and revised its target price from $42 to $30.

The stock price of NRG Energy Inc. [NRG] has been fluctuating between $30.25 and $56.76 over the past year. Currently, Wall Street analysts expect the stock to reach $39 within the next 12 months. NRG Energy Inc. [NYSE: NRG] shares were valued at $57.69 at the most recent close of the market. An investor can expect a potential drop of -32.4% based on the average NRG price forecast.

Analyzing the NRG fundamentals

The NRG Energy Inc. [NYSE:NRG] reported sales of 28.59B for trailing twelve months, representing a drop of -11.46%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -16.78, Equity is -0.55 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.78.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 56.43 points at the first support level, and at 55.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.48, and for the 2nd resistance point, it is at 59.27.

NRG Energy Inc. [NRG] reported earnings per share of $2.02 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.01/share, meaning a difference of -$0.99 and a surprise factor of -32.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.41 per share as compared to estimates of $4.04 per share, a difference of -$2.63 representing a surprise of -65.10%.

Ratios To Look Out For

It’s worth pointing out that NRG Energy Inc. [NYSE:NRG]’s Current Ratio is 1.02. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 5.32.

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