Analyst Target Review on NextEra Energy, Inc. (NYSE:NEE)
- Author: Zachary Reyes Mar 01, 2017,
Mar 01, 2017, 11:22
Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 1.51 earnings per share. CenterPoint Energy had a negative net margin of 2.46% and a positive return on equity of 15.00%. The company earned $4.81 billion during the quarter, compared to analysts' expectations of $4.87 billion. The business's revenue was up 16.2% on a year-over-year basis.
"Public Sector Pension Investment Board Sells 1,900 Shares of CenterPoint Energy, Inc". The correct version of this news story can be read at https://baseballnewssource.com/markets/nextera-energy-inc-nee-director-william-h-swanson-purchases-3860-shares-of-stock/469099.html.
NextEra Energy, Inc. has a 52 week low of $102.20 and a 52 week high of $131.98.
U.S. based company, CenterPoint Energy, Inc.'s (CNP )'s latest closing price was 15.27% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 5.78% and 2.31% compared with the 20 Day Moving Average. The corporation has a market cap of US$11.54 Billion. It has a dividend yield of 3.99%. The ex-dividend date is Friday, February 24th. "(CNP)" was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another website, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation.
Several other hedge funds also recently added to or reduced their stakes in NEE.
CenterPoint Energy, Inc. (CNP) have shown a high EPS growth of -28.50% in the last 5 years and has earnings decline of -213.70% yoy.
During last 5 trades the stock sticks nearly 1.06%. The company had Year Ago Sales of 3.84 Billion. Numeric Investors LLC raised its stake in CenterPoint Energy by 805.7% in the second quarter. The institutional investor owned 2,954,603 shares of the company's stock after buying an additional 1,314,103 shares during the period. DUPONT CAPITAL MANAGEMENT Corp boosted its stake in shares of CenterPoint Energy by 32.4% in the second quarter. MA ended last trade at $27.02 a share and the price is up more than 10.77% so far this year. Zacks Investment Research cut CenterPoint Energy from a "buy" rating to a "hold" rating in a research report on Monday, January 9th. Credit Suisse Group cut CenterPoint Energy from a "neutral" rating to an "underperform" rating and increased their price objective for the stock from $24.00 to $25.00 in a research report on Tuesday, November 8th. The company presently has a consensus rating of "Hold" and an average price target of $25.56. They noted that the move was a valuation call. TheStreet upgraded CenterPoint Energy from a "c+" rating to a "b-" rating in a research report on Tuesday, January 10th. Guggenheim began coverage on CenterPoint Energy in a research report on Thursday, November 3rd. Finally, Barclays PLC reissued a "hold" rating and issued a $27.00 target price on shares of CenterPoint Energy in a research note on Monday, January 9th. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
NextEra Energy, Inc (NEE) is a holding company. NEE's operating segments are FPL, an electric utility, and NEER, an energy business.