With 2.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.02 million shares. The 52-week range on NRG shows that it touched its highest point at $117.90 and its lowest point at $65.11 during that stretch. It currently has a 1-year price target of $128.56. With its current market cap of 23.83 billion, NRG has annualized dividend of $1.70 while the current yield stands at 1.45%. Beta for the stock currently stands at 1.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NRG was up-trending over the past week, with a rise of 6.83%, but this was up by 39.95% over a month. Three-month performance surged to 15.10% while six-month performance rose 29.44%. The stock gained 55.74% in the past year, while it has gained 29.69% so far this year. A look at the trailing 12-month EPS for NRG yields 5.05 with Next year EPS estimates of 8.16. For the next quarter, that number is 1.75. This implies an EPS growth rate of 9.81% for this year and 8.77% for next year. EPS is expected to grow by 9.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.43%.
Float and Shares Shorts:
At present, 203.67 million NRG shares are outstanding with a float of 199.72 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NRG since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.48978 being high and $6.21022 being low. For NRG, this leads to a yearly average estimate of $6.35. Based on analyst estimates, the high estimate for the next quarter is $1.9 and the low estimate is $0.78. The average estimate for the next quarter is thus $1.49.
