Wall Street Analyst Upgrade NextEra Energy Inc. [NEE]. What else is Wall St. saying

NextEra Energy Inc. [NYSE: NEE] closed the trading session at $87.37 on 09/06/22. The day’s price range saw the stock hit a low of $87.02, while the highest price level was $88.27. The company report on September 6, 2022 that NextEra Energy and NextEra Energy Partners to present at the 2022 Barclays CEO Energy-Power Conference.

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NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that Kirk Crews, executive vice president, finance and chief financial officer of NextEra Energy, and chief financial officer of NextEra Energy Partners, is scheduled to present on Sept. 7, 2022, at the 2022 Barclays CEO Energy-Power Conference in New York City, New York. The presentation is scheduled to begin at 9:10 a.m. ET. A live audio webcast will be available at www.NextEraEnergy.com/investors or www.NextEraEnergyPartners.com. For those unable to listen to the live webcast, a replay will be available for 90 days by accessing the links listed above.

The stocks have a year to date performance of -6.42 percent and weekly performance of 0.40 percent. The stock has been moved at 3.79 percent over the last six months. The stock has performed -0.69 percent around the most recent 30 days and changed 8.95 percent over the most recent 3-months.

If compared to the average trading volume of 7.80M shares, NEE reached to a volume of 11058872 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about NextEra Energy Inc. [NEE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NEE shares is $93.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NEE stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for NextEra Energy Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 06, 2022. The new note on the price target was released on July 26, 2022, representing the official price target for NextEra Energy Inc. stock. Previously, the target price had yet another raise to $87, while Credit Suisse analysts kept a Outperform rating on NEE stock.

The Average True Range (ATR) for NextEra Energy Inc. is set at 1.75, with the Price to Sales ratio for NEE stock in the period of the last 12 months amounting to 9.95. The Price to Book ratio for the last quarter was 4.71, with the Price to Cash per share for the same quarter was set at 1.44. Price to Free Cash Flow for NEE in the course of the last twelve months was 30.92 with Quick ratio for the last quarter at 0.50.

NEE stock trade performance evaluation

NextEra Energy Inc. [NEE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.40. With this latest performance, NEE shares dropped by -0.69% in over the last four-week period, additionally plugging by 3.79% over the last 6 months – not to mention a rise of 1.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NEE stock in for the last two-week period is set at 53.26, with the RSI for the last a single of trading hit 51.42, and the three-weeks RSI is set at 55.13 for NextEra Energy Inc. [NEE]. The present Moving Average for the last 50 days of trading for this stock 84.04, while it was recorded at 85.90 for the last single week of trading, and 81.39 for the last 200 days.

NextEra Energy Inc. [NEE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and NextEra Energy Inc. [NEE] shares currently have an operating margin of +33.21 and a Gross Margin at +41.67. NextEra Energy Inc.’s Net Margin is presently recorded at +16.80.

Return on Equity for this stock inclined to 9.69, with Return on Assets sitting at 2.66.

NextEra Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.

Earnings per share (EPS) analysis for NextEra Energy Inc. [NEE] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NEE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NextEra Energy Inc. go to 9.07%.

NextEra Energy Inc. [NEE]: Insider Ownership positions

There are presently around $136,585 million, or 80.90% of NEE stock, in the hands of institutional investors. The top three institutional holders of NEE stocks are: VANGUARD GROUP INC with ownership of 185,382,622, which is approximately 1.66% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 146,372,928 shares of the stock with an approximate value of $12.79 billion in NEE stocks shares; and STATE STREET CORP, currently with $9.9 billion in NEE stock with ownership of nearly 4.911% of the company’s market capitalization.

Positions in NextEra Energy Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,139 institutional holders increased their position in NextEra Energy Inc. [NYSE:NEE] by around 91,104,251 shares. Additionally, 1,011 investors decreased positions by around 66,838,707 shares, while 321 investors held positions by with 1,405,348,898 shares. The mentioned changes placed institutional holdings at 1,563,291,856 shares, according to the latest SEC report filing. NEE stock had 110 new institutional investments in for a total of 10,910,809 shares, while 132 institutional investors sold positions of 4,239,638 shares during the same period.


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