NRG Energy Inc (NYSE: NRG) has reported earnings for its first fiscal quarter (ending March 31) of $2.36 versus a loss $-5.82 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.06 compared to $-8.13 a year ago.
Recent Price Action
NRG Energy Inc (NYSE: NRG) stock closed at $73.40 on 5/7/24 after a large decline of -5.8%. Moreover, this decline was accompanied by unusually high trading volume at 198% of normal. The stock has declined -0.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NRG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
NRG Energy has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. NRG Energy has a neutral Appreciation Score of 60 but a very high Power Rating of 90, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment