NEE stock: buy or sell?
October 18th, 2019
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America.
Should I buy NEE stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with NextEra Energy stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is NextEra Energy stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 15 ratings published for NEE stock in the last 30 days. The general sentiment of these ratings is bullish for NEE stock, with 14 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-26||Credit Suisse Group||n/a||Outperform|
|2019-6-25||Bank of America||n/a||Buy|
|2019-4-8||Goldman Sachs Group||Conviction-Buy||Buy|
|2019-4-24||Wells Fargo & Co||n/a||Outperform|
|2019-4-22||Credit Suisse Group||n/a||Buy|
NEE stock analysis
NextEra Energy shares raised 0.60% to $232.48 on October/18.
NextEra Energy shares raised 0.60% to $232.48 on Oct 18th. On October/9, NEE hit a new all time high, pushing higher than on Oct 4th tops. Check different trading setups that use ATHs as triggers.
NextEra Energy gained a tiny 1.28% this week.
NextEra Energy stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, NEE might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record NextEra Energy marked last week. Since late January when NEE stock price broke up the SMA20w line, it gained $61.48 (35.95%).
NEE stock price history
NEE stock historical price chart
NEE stock reached all-time highs on October/9 with a price of $234.27.
NEE stock price target is $218.70Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' NEE stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 14 price forecasts for NextEra Energy stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-6||UBS Group||Raises Target||$240.00||$250.00||4.2%|
|2019-8-13||Morgan Stanley||Raises Target||$207.00||$234.00||13%|
|2019-7-26||Credit Suisse Group||Raises Target||$231.00||$232.00||0.4%|
|2019-6-7||UBS Group||Raises Target||$225.00||$236.00||4.9%|
|2019-6-25||Bank of America||Raises Target||$215.00||$225.00||4.7%|
|2019-6-21||Morgan Stanley||Raises Target||$207.00||$209.00||1%|
|2019-6-14||Morgan Stanley||Raises Target||$194.00||$207.00||6.7%|
|2019-5-16||Morgan Stanley||Raises Target||$193.00||$194.00||0.5%|
|2019-4-24||Wells Fargo & Co||Reiterates||$200.00||$210.00||5%|
|2019-4-22||Credit Suisse Group||Set Price Target||n/a||$199.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when NextEra Energy posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a bad loss of -2.60% to $16,727.00 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) soared a 8.36% to 39.68%. NextEra Energy fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, NextEra Energy TTM sales up to March 2019 were $16,938.00 and income $2,891.00 million dollars. If we compare this TTM figures with the last reported annuality, we can review NextEra Energy business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a slightly good 1.26%. Regarding profit margin, NextEra Energy plummed -22.62% to 39.68%
|2013||$14,760 M||-||$1,720 M11.7%||-|
|2014||$17,021 M||15.32%||$2,465 M14.5%||43.31%|
|2015||$17,486 M||2.73%||$2,752 M15.7%||11.64%|
|2016||$16,155 M||-7.61%||$2,912 M18.0%||5.81%|
|2017||$17,173 M||6.30%||$5,380 M31.3%||84.75%|
|2018||$16,727 M||-2.60%||$6,638 M39.7%||23.38%|
|TTM||$16,938 M||1.26%||$2,891 M17.1%||-56.45%|
Quarterly financial resultsNextEra Energy reported $4,075.00 million in sales for 2019-Q1, a -6.88% decline compared to previous quarter. Reported quarter earnings marked $680.00 M with a profit margin of 16.69%. Profit margin rose a 7.34% compared to previous quarter when profit margin was 9.35%. When comparing sales to same quarter last year, NextEra Energy sales marked a fine increase and jumped a 5.49%. Looking back to recent quarterly results, NextEra Energy posted 2 negative quarters in a row.
|2017-Q2||$4,130 M||-||$793 M19.2%||-|
|2017-Q3||$4,530 M||9.69%||$847 M18.7%||6.81%|
|2017-Q4||$4,010 M||-11.48%||$2,155 M53.7%||154.43%|
|2018-Q1||$3,863 M||-3.67%||$4,428 M114.6%||105.48%|
|2018-Q2||$4,069 M||5.33%||$795 M19.5%||-82.05%|
|2018-Q3||$4,418 M||8.58%||$1,007 M22.8%||26.67%|
|2018-Q4||$4,376 M||-0.95%||$409 M9.3%||-59.38%|
|2019-Q1||$4,075 M||-6.88%||$680 M16.7%||66.26%|
NextEra Energy ownershipWhen you are planning to invest in shares of a stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For NextEra Energy, 0.19% of all outstanding shares are owned by its staff.
In case of NextEra Energy stock, 79.19% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NEE stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$113.6 B||$66.0 B||$69.5 B||$27.7 B||$23.5 B|
|Total shares||488.8 M||803.4 M||728.6 M||323.6 M||198.8 M|
|Float shares||477.8 M||800.7 M||727.6 M||322.9 M||198.1 M|
|- Institutional holdings (%)||79.2%||60.2%||61.7%||76.3%||91.2%|
|- Insider holdings (%)||0.2%||0.3%||0.1%||0.4%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$230.31 - $232.78|
|Average true range||$3.07|
|50d mov avg||$224.13|
|100d mov avg||$215.03|
|200d mov avg||$199.82|
NextEra Energy performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared NextEra Energy against Dominion Energy, Duke Energy, , Entergy, Exelon, FirstEnergy, PPL, Southern and Xcel Energy in the following table:
NextEra Energy competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for NextEra Energy. We chose 9 companies as NextEra Energy competitors as they are in the same industry or have similar market objectives.
- Dominion Energy (D)
- Duke Energy (DUK)
- Entergy (ETR)
- Exelon (EXC)
- FirstEnergy (FE)
- PPL (PPL)
- Southern (SO)
- Xcel Energy (XEL)
Latest NEE stock news
- Seeking AlphaNextEra Energy Offers High Growth And Resilience To DownturnsApril 9, 2019
- Seeking AlphaNextEra Energy Benefits From Florida Economy And Renewables FocusMarch 12, 2019
- Seeking AlphaNextEra Energy: An Undervalued Tech Company (In Disguise)August 10, 2018
- Seeking AlphaNextEra Energy: 5th Time Is The CharmMay 24, 2018