NRG Energy Inc. [NYSE: NRG] surged by $0.19 during the normal trading session on Wednesday and reaching a high of $47.855 during the day while it closed the day at $47.51. The company report on November 13, 2023 at 10:15 AM that Evaluating Carbon Offsets.
NRG Energy Inc. stock has also gained 4.01% of its value over the past 7 days. However, NRG stock has inclined by 29.21% in the 3 months of the year. Over the past six months meanwhile, it has gained 42.20% and gained 49.31% year-on date.
The market cap for NRG stock reached $10.73 billion, with 229.56 million shares outstanding and 218.04 million shares in the current float. Compared to the average trading volume of 3.19M shares, NRG reached a trading volume of 3507263 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 NRG Energy Inc. [NRG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NRG shares is $47.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NRG stock is a recommendation set at 2.36. 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.
UBS have made an estimate for NRG Energy Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 06, 2023.
The Average True Range (ATR) for NRG Energy Inc. is set at 1.12, with the Price to Sales ratio for NRG stock in the period of the last 12 months amounting to 0.36. The Price to Book ratio for the last quarter was 3.80, with the Price to Cash per share for the same quarter was set at 1.82.
NRG stock trade performance evaluation
NRG Energy Inc. [NRG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.01. With this latest performance, NRG shares gained by 13.07% in over the last four-week period, additionally plugging by 42.20% over the last 6 months – not to mention a rise of 8.35% 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 NRG stock in for the last two-week period is set at 76.92, with the RSI for the last a single of trading hit 80.70, and the three-weeks RSI is set at 73.72 for NRG Energy Inc. [NRG]. The present Moving Average for the last 50 days of trading for this stock 41.10, while it was recorded at 46.31 for the last single week of trading, and 36.47 for the last 200 days.
NRG Energy Inc. [NRG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and NRG Energy Inc. [NRG] shares currently have an operating margin of +2.88 and a Gross Margin at +6.80. NRG Energy Inc.’s Net Margin is presently recorded at +3.87.
Return on Total Capital for NRG is now 7.55, given the latest momentum, and Return on Invested Capital for the company is 10.27. Return on Equity for this stock inclined to 32.88, with Return on Assets sitting at 4.67. When it comes to the capital structure of this company, NRG Energy Inc. [NRG] has a Total Debt to Total Equity ratio set at 216.88. Additionally, NRG Total Debt to Total Capital is recorded at 68.44, with Total Debt to Total Assets ending up at 28.48. Long-Term Debt to Equity for the company is recorded at 213.06, with the Long-Term Debt to Total Capital now at 67.24.
Reflecting on the efficiency of the workforce at the company, NRG Energy Inc. [NRG] managed to generate an average of $184,916 per employee. Receivables Turnover for the company is 7.24 with a Total Asset Turnover recorded at a value of 1.21.NRG Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.99 and a Current Ratio set at 1.06.
Earnings per share (EPS) analysis for NRG Energy Inc. [NRG] 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 NRG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NRG Energy Inc. go to 4.00%.
NRG Energy Inc. [NRG]: Institutional Ownership
The top three institutional holders of NRG stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in NRG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in NRG stock with ownership which is approximately 5.7994%.