At the time of writing, NRG Energy Inc [NRG] stock is trading at $94.86, up 1.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The NRG shares have gain 2.37% over the last week, with a monthly amount glided 9.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
NRG Energy Inc [NYSE: NRG] stock has seen the most recent analyst activity on September 13, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $82. Previously, Wells Fargo started tracking the stock with Overweight rating on January 23, 2024, and set its price target to $65. On November 06, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $46 on the stock. Guggenheim upgraded its rating to a Buy but stick to its price target of $50 on November 01, 2023. BofA Securities upgraded its rating to a Buy and raised its price target to $36 on March 20, 2023. BofA Securities upgraded its rating to Neutral for this stock on December 19, 2022. In a note dated December 09, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $47 to $37.
For the past year, the stock price of NRG Energy Inc fluctuated between $44.90 and $102.84. Currently, Wall Street analysts expect the stock to reach $66.2 within the next 12 months. NRG Energy Inc [NYSE: NRG] shares were valued at $94.86 at the most recent close of the market. An investor can expect a potential drop of -30.21% based on the average NRG price forecast.
Analyzing the NRG fundamentals
According to NRG Energy Inc [NYSE:NRG], the company’s sales were 28.07B for trailing twelve months, which represents an -10.12% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 80.33, Equity is 0.31 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.29.
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 92.61 points at the first support level, and at 90.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.17, and for the 2nd resistance point, it is at 97.47.
Ratios To Look Out For
It is important to note that NRG Energy Inc [NYSE:NRG] has a current ratio of 1.17. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 10.40 and price to earnings (TTM) ratio is 22.97.
Transactions by insiders
Recent insider trading involved Elisabeth Donohue, Director, that happened on Nov 14 ’24 when 1082.0 shares were purchased. President, NRG Consumer, Patel Rasesh M. completed a deal on Sep 13 ’24 to sell 0.1 million shares. Meanwhile, President, NRG Consumer Patel Rasesh M. sold 24546.0 shares on May 17 ’24.
