NextEra Energy Inc. (NEE) Reached A New High 1 time During The Past Five Days

As of Friday close, NextEra Energy Inc.’s (NYSE:NEE) stock was up $1.29, moving up 1.88 percent to $69.80. The average number of shares traded per day over the past five days has been 11,935,880 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.67 fall in that time frame. In the last twenty days, the average volume was 11,739,015, while in the previous 50 days, it was 9,786,744.


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Since last month, NEE stock retreated -16.46%. Shares of the company fell to $67.22 on 05/12/22, the lowest level in the past month. A 52-week high of $93.73 was reached on 01/03/22 after having rallying from a 52-week low of $67.22. Since the beginning of this year, NEE’s stock price has dropped by -25.24% or -$23.56, and marked a new high 1 time. However, the stock has declined by -25.53% since its 52-week high.

NextEra Energy Inc. (NEE) last reported insider trading activity 11 days ago on May 03. HACHIGIAN KIRK S, the Director of the company, purchased of 10,000 shares for $70.19 on May 03. It resulted in a $701,950 investment by the insider. May James Michael sold 4,321 shares at an average price of $85.00 on Mar 08. The insider now owns 6,012 shares following the transaction. On Jan 31, Chairman, President & CEO ROBO JAMES L bought 64,691 shares at $77.26 apiece. The transaction was valued at $4,998,285.

Valuation Metrics

Right now, NextEra Energy Inc. (NEE) has a P/E ratio of about 94.71. The stock’s beta is 0.49. Besides these, the trailing price-to-sales (P/S) ratio of 8.37, the price-to-book (PB) ratio of 3.82, and the price-to-cash flow ratio of 27.14 may also be considered.

The latest dividend of $0.4250 per share was paid out, which is 10.39% more than last year’s $0.3850. On Friday February 18 2022, a $0.04 dividend increase was announced.

Financial Health

In the three months ended September 29, NextEra Energy Inc.’s quick ratio stood at 0.40, while its current ratio was 0.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.42, and the total debt-to-equity ratio was 1.66. In the year ended September 29, operating margins totaled 12.70%. Based on annual data, NEE earned $2.91 billion in gross profit and brought in $17.07 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.80%. Return on equity (ROE) for the past 12 months was 4.00%.

In NextEra Energy Inc.’s quarter-end financial report for September 29, it reported total debt of $50.97 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. NEE’s revenue fell -28.93% to $5.05 billion during the quarter, while net income inched up to $2.89 billion. While analysts expected NextEra Energy Inc. to report $0.71 quarterly earnings, the actual figure was $0.75 per share, beating the consensus estimate by 5.60%. During the quarter, the company generated $185.0 million in EBITDA. The liabilities of NextEra Energy Inc. were 100.9 billion at the end of its most recent quarter ended September 29, and its total debt was $55.34 billion. The value of shareholders’ equity is $1.96 billion.

Technical Picture

This quick technical analysis looks at NextEra Energy Inc.’s (NEE) price momentum. With a historical volatility rate of 29.95%, the RSI 9-day stood at 33.98% on 13 May.

With respect to its five-day moving average, the current NextEra Energy Inc. price is down by -3.68% percent or -$2.67. At present, NEE shares trade -15.71% below its 20-day simple moving average and -22.39% percent below its 100-day simple moving average. However, the stock is currently trading approximately -11.41% below its SMA50 and -10.70% below its SMA200.

Stochastic coefficient K was 23.42% and Stochastic coefficient D was 18.67%, while ATR was 2.22. Given the Stochastic reading of 32.58% for the 14-day period, the RSI (14) reading has been calculated as 32.96%. As of today, the MACD Oscillator reading stands at -1.31, while the 14-day reading stands at -1.82.

Analyst Ratings

NextEra Energy Inc. (NEE) has been rated Overweight by analysts. According to 0 brokerage firms, NEE is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate NextEra Energy Inc. stock as buy, with 13 recommending it as overweight.

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