BofA Securities raised the price target for the NRG Energy Inc. (NYSE:NRG) stock from “an Underperform” to “a Neutral”. The rating was released on December 19, 2022, according to finviz. We previously noted in another research note published on December 09, 2022 by Morgan Stanley that downgraded the stock from an Overweight to an Equal-weight with a price target of $37 for NRG stock. The research report from UBS has downgraded the stock from Neutral to Sell, with a price target set at $30. The stock was downgraded by BofA Securities, who disclosed in a research note on June 07, 2022, from Neutral to Underperform and set the price objective to $42. In their research brief published April 21, 2022, BofA Securities analysts downgraded the NRG Energy Inc. stock from Buy to Neutral with a price target of $43.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of NRG Energy Inc. (NYSE:NRG) raised 0.65% to close Monday’s market session at $32.42, higher as compared to yesterday’s close. The stock price fluctuated between $32.365 and $32.87 throughout the trading session with the volume trading being 5232239 shares, which represented a significant variation when compared to the three months average volume of 3.73 million shares. The firm’s stock price fluctuated 1.69% within the last five trades and 2.40% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -9.01% in the last 6 months and -20.38% was subtracted to its value over the previous 3 months. NRG stock is trading at a margin of 1.03%, -10.35% and -18.12% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, NRG deals in the Utilities domain. The stock is trading -32.20 percent below its 52-week high and 5.81 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -22. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does NRG Energy Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 9.20 percent and the profit margin is 6.10 percent, and the company has reported a gross margin of 16.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $7.20 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for NRG Energy Inc. (NYSE:NRG) is 4.11. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 6.21. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.23 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.49, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
HOBBY PAUL W, the Director at NRG Energy Inc. (NRG) has bought 3,500 shares of firm on Dec 16 at a price of $31.37 against the total amount of $0.11 million. In another inside trade, Donohue Elisabeth B, Director of NRG Energy Inc. (NYSE:NRG) bought 2,500 shares of the firm on Dec 16 for a total worth of $78300.0 at a price of $31.32. An inside trade which took place on Dec 16, Director of NRG Energy Inc. Cox Heather bought 1,571 shares of firm against total price of $49204.0 at the cost of $31.32 per share.