Here's A Quick Technical Analysis Of NRG Energy, Inc. (NRG)

Marco Green
October 21, 2017

Short traders are feeling a little more bullish on shares of NRG Energy, Inc. lately as evidenced by the downtick in short interest. "However, stringent environmental regulations, fluctuating weather conditions and intense competition in the wholesale power markets are headwinds". It increased, as 37 investors sold NRG Energy Inc shares while 107 reduced holdings.

NRG is now undervalued by -16.26% relative to the average 1-year price target of $30.50 taken from a group of Wall Street Analysts. BidaskClub raised NRG Energy from a hold rating to a buy rating in a report on Wednesday, August 16th. NRG Energy now has a consensus rating of Buy and an average price target of $22.56. The value in dollars increased from $224,000 to $418,000 a change of $194,000 since the last quarter.

NRG Energy, Inc. (NYSE:NRG) that has shown a discernible change in trend levels over the path of recent market activity.

The P/E ratio is 41.07 and market capitalization is 1.85B. Moreover, Canyon Cap Ltd Liability Co has 0.68% invested in NRG Energy Inc (NYSE:NRG) for 2.39M shares. Out of 6 total analysts who were surveyed, 1 rated it hold, and 5 rated it a Strong Buy. Mirae Asset Glob invested 0.04% in NRG Energy Inc (NYSE:NRG). The company's 50 day moving average price is $24.80 and its 200 day moving average price is $20.76.

This particular stock's 5-day moving average is 26.06, its 20-day moving average is 25.33 and its 100-day moving average is 22.29. Wolfe Research downgraded the shares of NRG in report on Monday, August 10 to "Outperform" rating.

Recent Insider Trading for NRG Energy, Inc. Revenue, on the other hand, scored 23.8% growth from the previous quarter, coming up with $3.42 billion. NRG Energy had a negative net margin of 10.67% and a positive return on equity of 12.38%. If you are viewing this article on another domain, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark legislation. The legal version of this piece can be read at The company also recently declared a dividend which was paid on Friday the 15th of September 2017. The ex-dividend date was Friday the 28th of July 2017. This dividend amount represented a yield of $5.91.

In the last earnings report the EPS was $-4.35 and is expected to be $0.59 for the current year with 316,460,000 shares now outstanding. NRG Energy's dividend payout ratio is now -2.75%. 1633607 shares were traded during the last session. Wellington Management Group LLP lifted its position in shares of NRG Energy by 329.5% in the 1st quarter. FMR LLC now owns 7,584,875 shares of the utilities provider's stock worth $130,612,000 after acquiring an additional 597,957 shares during the period. The value of the investment in (NRG) went from $0 to $870,000 a change of inf% quarter to quarter. SunTrust Banks, Inc.'s price target suggests a potential downside of 2.11% from the stock's current price.

As of quarter end Cutler Group LP had acquired 33,508 shares growing its holdings by 6,701.6%. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

01/28/2016 - Guggenheim began new coverage on NRG Energy, Inc. giving the company a "buy" rating.

NRG Energy, maintained at an average outperform rating by 10 stock analysts, and there are at least 5.04% of shares outstanding that are now legally short sold.

Other reports by Click Lancashire

Discuss This Article