For its fourth fiscal quarter (ending December 31), NRG Energy Inc (NYSE: NRG) has reported E.P.S. of $2.02 compared to $-4.76 a year ago. This result fell short of the consensus estimate of $3.76 by $-1.74. E.P.S. were $-1.12 for the latest four quarters through December 31 versus $5.17 for the same period a year ago — a decline of -122%.
Recent Price Action
On 2/28/24, NRG Energy Inc (NYSE: NRG) stock increased 1.2%, closing at $54.70. Moreover, trading volume in this advance was unusually high at 160% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NRG is expected to continue to be a major Value Builder.
NRG Energy has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. NRG Energy has a slightly positive Appreciation Score of 69 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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