The stock of NextEra Energy Inc (NYSE:NEE) last traded at $78.12, up 0.70% from the previous session.
NEE stock price is now 5.31% away from the 50-day moving average and 20.48% away from the 200-day moving average. The market capitalization of the company currently stands at $160.56B.
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With the price target maintained at $71, Mizuho recently Downgraded its rating from Buy to Neutral for NextEra Energy Inc (NYSE: NEE). On April 10, 2024, Barclays recently initiated its ‘Equal Weight’ rating on the stock quoting a target price of $66, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Daggs Nicole J, Member of immediate family of bought 658 shares of the company’s stock on Aug 01 ’24. The stock was bought for $50,646 at an average price of $76.97. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, EVP, Human Res & Corp Svcs Daggs Nicole J sold 658 shares of the business’s stock. A total of $50,646 was realized by selling the stock at an average price of $76.97. This leaves the insider owning 100 shares of the company worth $7812.0. 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 $47.15 and a high of $80.56. As of last week, the company has a debt-to-equity ratio of 1.68, a current ratio of 0.49, and a quick ratio of 0.41. According to the stock market information, the enterprise value for the company is $251942223872, which is based on a 25.37 price-to-earnings ratio, a 3.09 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for NEE is $74.143 and a two-hundred day moving average price translates $64.9483 for the stock.
The latest earnings results from NextEra Energy Inc (NYSE: NEE) was released for 2024-06-30. The net profit margin was 25.82% and return on equity was 13.45% for NEE. The company reported revenue of $6.07 billion for the quarter, compared to $7.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.42 percent.
