At the time of writing, Clearway Energy Inc [CWEN] stock is trading at $25.52, down -0.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CWEN shares have gain 3.61% over the last week, with a monthly amount drifted -3.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Clearway Energy Inc [NYSE: CWEN] stock has seen the most recent analyst activity on October 01, 2024, when Exane BNP Paribas initiated its Outperform rating and assigned the stock a price target of $36. Previously, Jefferies started tracking the stock with Buy rating on September 20, 2024, and set its price target to $35. On July 31, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $36 on the stock. BofA Securities upgraded its rating to a Buy and decreased its price target to $27 on October 06, 2023. BofA Securities downgraded its rating to a Neutral. CIBC started tracking with a Neutral rating for this stock on June 10, 2022, and assigned it a price target of $36. In a note dated November 05, 2021, Oppenheimer upgraded an Outperform rating on this stock but restated the target price of $44.
For the past year, the stock price of Clearway Energy Inc fluctuated between $20.63 and $30.92. Currently, Wall Street analysts expect the stock to reach $35.5 within the next 12 months. Clearway Energy Inc [NYSE: CWEN] shares were valued at $25.52 at the most recent close of the market. An investor can expect a potential return of 39.11% based on the average CWEN price forecast.
Analyzing the CWEN fundamentals
According to Clearway Energy Inc [NYSE:CWEN], the company’s sales were 1.46B for trailing twelve months, which represents an -5.05% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.61.
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 25.36 points at the first support level, and at 25.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.82, and for the 2nd resistance point, it is at 26.13.
Ratios To Look Out For
It is important to note that Clearway Energy Inc [NYSE:CWEN] has a current ratio of 1.59. As well, the Quick Ratio is 1.49, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 24.54.
Transactions by insiders
Recent insider trading involved Ford Brian R., Director, that happened on Dec 11 ’24 when 2000.0 shares were sold. Officer, Ford Brian R. completed a deal on Dec 11 ’24 to buy 1000.0 shares. Meanwhile, Director ONEAL E STANLEY bought 3000.0 shares on Aug 09 ’24.
