Is NRG Energy Inc (NRG) Stock a Good Buy for Short-term Investors?

At the time of writing, NRG Energy Inc [NRG] stock is trading at $93.03, up 0.86%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NRG shares have gain 1.76% over the last week, with a monthly amount drifted -2.57%, and not 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 November 26, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $113 from $93. Previously, Jefferies started tracking the stock with Hold rating on September 13, 2024, and set its price target to $82. On January 23, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $65 on the stock. UBS upgraded its rating to a Neutral and increased its price target to $46 on November 06, 2023. Guggenheim upgraded its rating to a Buy but $50 remained the price target by the analyst firm on November 01, 2023. BofA Securities upgraded its rating to Buy for this stock on March 20, 2023, and upped its price target to $36. In a note dated December 19, 2022, BofA Securities upgraded an Neutral rating on this stock.

For the past year, the stock price of NRG Energy Inc fluctuated between $50.00 and $103.14. Currently, Wall Street analysts expect the stock to reach $86 within the next 12 months. NRG Energy Inc [NYSE: NRG] shares were valued at $93.03 at the most recent close of the market. An investor can expect a potential drop of -7.56% 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 0.12% 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 0.04, Equity is 0.31 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.24.

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 92.21 points at the first support level, and at 91.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.75, and for the 2nd resistance point, it is at 94.46.

Ratios To Look Out For

It is important to note that NRG Energy Inc [NYSE:NRG] has a current ratio of 1.17. In addition, the Quick Ratio stands at 1.10 and the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 10.19 and price to earnings (TTM) ratio is 22.53.

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.

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