In yesterday’s Wall Street session, NextEra Energy Inc (NYSE:NEE) shares traded at $76.00, down -1.76% from the previous session.
NEE stock price is now -6.06% away from the 50-day moving average and 4.40% away from the 200-day moving average. The market capitalization of the company currently stands at $153.54B.
With the price target of $87, Jefferies recently initiated with Hold rating for NextEra Energy Inc (NYSE: NEE). On June 12, 2024, Mizuho Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $71, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Daggs Nicole J, EVP, Human Res & Corp Svcs sold 4,007 shares of the company’s stock on Nov 12 ’24. The stock was sold for $302,809 at an average price of $75.57. Upon completion of the transaction, the EVP, Human Res & Corp Svcs now directly owns 15,792 shares in the company, valued at $1.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Officer Daggs Nicole J bought 4,007 shares of the business’s stock. A total of $302,809 was incurred on buying the stock at an average price of $75.57. A total of 0.08% of the company’s stock is owned by insiders.
During the past 12 months, NextEra Energy Inc has had a low of $53.95 and a high of $86.10. As of last week, the company has a debt-to-equity ratio of 1.65, a current ratio of 0.41, and a quick ratio of 0.33. According to the stock market information, the enterprise value for the company is $246277750784, which is based on a 22.49 price-to-earnings ratio, a 2.79 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for NEE is $80.903 and a two-hundred day moving average price translates $72.8 for the stock.
The latest earnings results from NextEra Energy Inc (NYSE: NEE) was released for 2024-09-30. The net profit margin was 29.38% and return on equity was 14.31% for NEE. The company reported revenue of $7.57 billion for the quarter, compared to $7.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.51 percent.
