Assessing Whether NRG Energy Inc. (NYSE: NRG) Is Over- Or Undervalued

NRG Energy Inc. (NRG) concluded trading on Thursday at a closing price of $94.05, with 3.03 million shares of worth about $284.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.03% during that period and on October 03, 2024 the price saw a gain of about 1.69%. Currently the company’s common shares owned by public are about 208.13M shares, out of which, 201.78M shares are available for trading.

Stock saw a price change of 3.83% in past 5 days and over the past one month there was a price change of 18.86%. Year-to-date (YTD), NRG shares are showing a performance of 81.91% which increased to 148.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.61 but also hit the highest price of $93.46 during that period. The average intraday trading volume for NRG Energy Inc. shares is 2.73 million. The stock is currently trading 11.43% above its 20-day simple moving average (SMA20), while that difference is up 16.35% for SMA50 and it goes to 33.56% higher than SMA200.

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NRG Energy Inc. (NYSE: NRG) currently have 208.13M outstanding shares and institutions hold larger chunk of about 97.99% of that.

The stock has a current market capitalization of $19.41B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 10.09, while it has posted earnings per share of $9.32 in the same period. Its PEG reads 2.52 and has Quick Ratio of 1.11 while making debt-to-equity ratio of 3.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NRG, volatility over the week remained 2.36% while standing at 2.95% over the month.

Stock’s fiscal year EPS is expected to rise by 13.75% while it is estimated to decrease by -1.20% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 13, 2024 offering a Hold rating for the stock and assigned a target price of $82 to it. Coverage by Wells Fargo stated NRG Energy Inc. (NRG) stock as an Overweight in their note to investors on January 23, 2024, suggesting a price target of $65 for the stock. On November 06, 2023, UBS Upgrade their recommendations, while on November 01, 2023, Guggenheim Upgrade their ratings for the stock with a price target of $50. Stock get a Buy rating from BofA Securities on March 20, 2023.

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