With 7.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.22 million shares. The 52-week range on NRG shows that it touched its highest point at $150.81 and its lowest point at $65.11 during that stretch. It currently has a 1-year price target of $146.29. With its current market cap of 30.64 billion, NRG has annualized dividend of $1.70 while the current yield stands at 1.08%. Beta for the stock currently stands at 1.09.
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 33.93%, but this was up by 65.88% over a month. Three-month performance surged to 49.73% while six-month performance rose 62.56%. The stock gained 91.67% in the past year, while it has gained 73.70% so far this year. A look at the trailing 12-month EPS for NRG yields 6.35 with Next year EPS estimates of 8.28. For the next quarter, that number is 1.55. This implies an EPS growth rate of 11.06% for this year and 9.20% for next year. EPS is expected to grow by 9.89% 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 $2.44 and the low estimate is $1.6. The average estimate for the next quarter is thus $2.0.
