NextEra Energy – Key Insights for Investors

By Scott Lee • Friday, May 29 10:50 • Permanent Link

NextEra Energy logged a -0.7% change during today's morning session, and is now trading at a price of $86.61 per share. The S&P 500 index moved 0.0%. NEE's trading volume is 2,251,972 compared to the stock's average volume of 10,027,758.

NextEra Energy trades -12.12% away from its average analyst target price of $98.55 per share. The 19 analysts following the stock have set target prices ranging from $55.0 to $112.0, and on average have given NextEra Energy a rating of buy.

Anyone interested in buying NEE should be aware of the facts below:

NextEra Energy's current price is 95.7% above its Graham number of $44.25, which implies that at its current valuation it does not offer a margin of safety
NextEra Energy has moved 23.5% over the last year, and the S&P 500 logged a change of 27.9%
Based on its trailing earnings per share of 3.94, NextEra Energy has a trailing 12 month Price to Earnings (P/E) ratio of 22.0 while the S&P 500 average is 29.3
NEE has a forward P/E ratio of 19.7 based on its forward 12 month price to earnings (EPS) of $4.4 per share
The company has a price to earnings growth (PEG) ratio of 1.92 — a number near or below 1 signifying that NextEra Energy is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 3.27 compared to its sector average of 4.19
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America.
Based in Juno Beach, the company has 17,400 full time employees and a market cap of $180.63 Billion. NextEra Energy currently returns an annual dividend yield of 2.7%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.