NRG Energy, Inc. (NYSE:NRG) registered a 2.26% increase, still its new closing price is 86.69% up from the company’s 1 year high of 18.20.It posted 1.70% gains in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 14 stock analysts following this company have an average price target at $17.32, with individual PT in the $13.00-$22.00 range. The shares moved at $16.71, implying that brokerage firms see shares gaining about 48.14% in twelve months time.
NRG Energy, Inc. (NRG) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 36.55% rise year to date. A President & Chief Exec Officer at NRG Energy, Inc. (NRG) acquired shares in a transaction closed on Tuesday August 16, 2016. Gutierrez Mauricio bought 4,332 shares in the company at $18.95 each and collected $82,000 in proceeds. Gutierrez Mauricio now owns 313,608 shares in the company after this transaction. A EVP & CFO in the company, Andrews Kirkland B, disclosed a transaction on Tuesday August 16, 2016 that ended up paying $126,001 from the purchase of 6,734 shares at $18.83 per share.
NRG Energy, Inc. (NYSE:NRG) Upcoming Results on Tap
NRG Energy, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.03 in that period. Sales during the quarter are predicted to arrive at $2.97 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.95 billion in revenue and EPS of $0.64. The mean forecast was for $4.2 billion and $0.93 a share, respectively. One quarter earlier, revenue for the stock was at $2.64 billion, with earnings at $-0.25/share.
NRG Energy, Inc. (NRG) Brokerage Update
NRG Energy, Inc. (NRG) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by BofA/Merrill, according to news reported on Tuesday November 22, 2016.Another important research note was issued by UBS on Monday November 14, 2016.The firm upgraded NRG to Neutral from Sell. Over the last six months and over the last three months, the shares of NRG Energy, Inc. (NRG), have changed 18.73% and 57.48%, respectively.