Shares of NRG Energy, Inc. (NRG) have gained 3% since the company’s Mar-19 earnings report. Over the past 12 fiscal quarters, NRG Energy, Inc. (NYSE:NRG) has topped consensus earnings estimates in 7 quarters (58%), missed earnings in 5 quarters (41%), whereas at 0 occasion EPS met analyst expectations. NRG last reported earnings on November 08, 2018 when it released Sep-18 results that receded expectations. The company raked in $0.96 per share, -96.38% change on the same period last year. That was worse than consensus for $1.31. Revenue for the recent quarter stood at $3.06 billion, down 0% on last year and below the $3.18 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.76 billion to $2.37 billion, which should be compared with $2.72 billion generated last year. EPS is seen in a range of $0.66 to $1.47, against the $0.73 reported a year ago.
NRG’s 50 day simple moving average (SMA 50) price is $38.98 and its 200-day simple moving average (SMA 200) price is $34.79. The company’s stock currently has a total float of 287.93M shares. Its weekly volatility is hovering around 2.57% and felt 3.24% volatility in price over a month. On the upside, the share price will test short term resistance at around $40.82. On a downside, the stock is likely to find some support, which begins at $39.66. The failure to get near-term support could push it to $38.9.
Separately, it has been reported that multiple insider activity took place at NRG Energy, Inc. (NRG). Exec Vice Pres, Operations Moser Christopher sold 34,296 shares for $77,580 in transaction occurred on 2019/01/04. After making this transaction, the Exec Vice Pres, Operations owns a direct stake of 1,311,136 shares, worth $3,135,008, as per the last closing price. On 2019/01/04 Killinger Elizabeth R, EVP & President, NRG Retail at NRG, dumped 35,000 shares at an average price of $38.49 per share. The selling total is valued at $5,254,391.
EVP & President, NRG Retail, Killinger Elizabeth R had divested 24,600 shares for $105,725 through a trade on 2018/09/13. Following this activity, the insider holds 881,664 shares worth $4,272,347 as of recent close. Wall Street’s most bullish NRG Energy, Inc. (NYSE:NRG) analysts are predicting the share price to blow past $51 per share during the next 12 months. The current median share price forecast by them is $43.5, suggesting that the stock could increase 7.65% in that time frame. The average price target of $42.95 calls for a nearly 6.29% increase in the stock price.
It had seen a positive analyst call from Citigroup, which upgraded the stock from Neutral to Buy on August 06. Analysts at Citigroup, shed their positive views on July 30 by lowering it fromBuy to Neutral. Analysts at UBS, made their first call about the stock on February 23, recommending it is Buy.
When looking at valuations, NRG Energy, Inc. (NRG) has a cheap P/E of 13.05x as compared to industry average of 13.22x. Moreover, it trades for 8.87 times the next 12 months of expected earnings. Compared to others, NRG Energy, Inc. is in a different league with regards to profitability, having net margins of 5.4%. To put some perspective around this, the industry’s average net margin is 25.64%. NRG’s ROE is -125.5%, which is also considerably worse than the industry’s ROE of 16.31%. It’s also very liquid in the near term, with a current ratio of 1.6. The stock has a debt/capital of 0.
NRG Energy, Inc. (NYSE:NRG) sank as low as $39.31 Thursday before getting settled at $40.41. The 2.17 percent increase called for market cap to move at $12.08B. The price went up as high as $39.31 before retreating. Trading activity significantly weakened as the volume at ready counter decreased to 3,371,633 shares versus 5,013,940 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 3,693,186 shares. The stock is now 70.15% above against its bear-market low of $23.75 on February 09, 2018. It has retreated -6.61% since it’s 52-week high of $43.08 reached in December. Now the market price is up 40.7% on the year and up 2.05% YTD.