NextEra Energy Inc. (NYSE:NEE) went up by 1.55% from its latest closing price compared to the recent 1-year high of $299.30. The company’s stock price has collected -0.71% of loss in the last five trading sessions. Press Release reported 8 hours ago that NextEra Energy Capital Holdings, Inc. announces redemption of all outstanding Series I Junior Subordinated Debentures due Nov. 15, 2072, and Series J Junior Subordinated Debentures due Jan. 15, 2073
Is It Worth Investing in NextEra Energy Inc. (NYSE :NEE) Right Now?
NextEra Energy Inc. (NYSE:NEE) scored a price-to-earnings ratio above its average ratio, recording 37.86 x from its present earnings ratio. Plus, the 36-month beta value for NEE is at 0.21. Opinions of the stock are interesting as 11 analysts out of 20 who provided ratings for NextEra Energy Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $293.76, which is $11.52 above the current price. NEE currently public float of 488.49M and currently shorts hold a 0.94% ratio of that float. Today, the average trading volume of NEE was 1.78M shares.
NEE’s Market Performance
NEE stocks went down by -0.71% for the week, with a monthly drop of -1.34% and a quarterly performance of 16.05%, while its annual performance rate touched 21.00%. The volatility ratio for the week stands at 2.12% while the volatility levels for the past 30 days are set at 2.37% for NextEra Energy Inc.. The simple moving average for the period of the last 20 days is -0.83% for NEE stocks with a simple moving average of 9.34% for the last 200 days.
Analysts’ Opinion of NEE
Many brokerage firms have already submitted their reports for NEE stocks, with Seaport Global Securities repeating the rating for NEE by listing it as a “Buy.” The predicted price for NEE in the upcoming period, according to Seaport Global Securities is $229 based on the research report published on September 22nd of the current year 2020.
Atlantic Equities, on the other hand, stated in their research note that they expect to see NEE reach a price target of $330. The rating they have provided for NEE stocks is “Overweight” according to the report published on September 04th, 2020.
Vertical Research gave a rating of “Hold” to NEE, setting the target price at $265 in the report published on July 27th of the current year.
NEE Trading at -0.87% from the 50-Day Moving Average
After a stumble in the market that brought NEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.27% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares sank -0.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.16% upper at present.
During the last 5 trading sessions, NEE fell by -0.71%, which changed the moving average for the period of 200-days by +18.47% in comparison to the 20-day moving average, which settled at $279.79. In addition, NextEra Energy Inc. saw 14.61% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NEE starting from Reagan Ronald R, who sale 170 shares at the price of $295.00 back on Sep 15. After this action, Reagan Ronald R now owns 8,196 shares of NextEra Energy Inc., valued at $50,150 using the latest closing price.
Reagan Ronald R, the EVP, Eng., Const. & ISC of NextEra Energy Inc., sale 172 shares at $290.00 during a trade that took place back on Sep 03, which means that Reagan Ronald R is holding 8,366 shares at $49,880 based on the most recent closing price.
Stock Fundamentals for NEE
Current profitability levels for the company are sitting at:
- +20.42 for the present operating margin
- +30.12 for the gross margin
The net margin for NextEra Energy Inc. stands at +21.55. The total capital return value is set at 4.45, while invested capital returns managed to touch 5.54. Equity return is now at value 9.70, with 3.00 for asset returns.
Based on NextEra Energy Inc. (NEE), the company’s capital structure generated 116.42 points at debt to equity in total, while total debt to capital is 53.79. Total debt to assets is 36.61, with long-term debt to equity ratio resting at 102.80. Finally, the long-term debt to capital ratio is 47.50.
Currently, EBITDA for the company is 2.35B with total debt to EBITDA at 5.29. When we switch over and look at the enterprise to sales, we see a ratio of 9.43, with the company’s debt to enterprise value settled at 0.26. The receivables turnover for the company is 6.05 and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.