NEE stock: buy or sell?
July 15th, 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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups work for NextEra Energy stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is NextEra Energy stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we collected 12 ratings published for NEE stock in the last 30 days. The general sentiment of these ratings is bullish for NEE stock, with 12 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|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 remained steady 0.06% yesterday to $208.85 after marking all time highs on Wednesday.
After reaching all time highs on Wednesday, NextEra Energy remained constant 0.06% yesterday to $208.85. From a daily perspective, NEE is in a short term uptrend after plotting its last bottom ($205.33, on July 5th) higher than the previous bottom, and its last top ($210.82, on Wednesday) also over the previous top. Now trading in between its last bottom and last top NEE might consolidate in a plain range, waiting to break out over $210.82 or down under $205.33. On Wednesday, NEE hit a new all time high, pushing higher than on July/3 tops. Check different trading setups that use ATHs as triggers. On May NEE price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
NextEra Energy shares remained steady 0.06% this week, ending at $208.85. With this, it's been 3 green weeks in a row, gaining $3.99 or 1.92%.
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 $36.89 (21.45%).
NEE stock price history
NEE stock historical price chart
NEE stock reached all-time highs on Wednesday with a price of $210.82.
NEE stock price target is $210.50Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 11 price forecasts for NextEra Energy stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|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||-|
|2019-2-12||Morgan Stanley||Raises Target||$184.00||$188.00||2.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when NextEra Energy posted its last earnings report, it jumped a very good 10.99%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, NextEra Energy annual revenues declined a lame -2.60% to $16,727.00 million USD from $17,173.00 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) soared a 8.36% to 39.68%. NextEra Energy presents anual results 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 M USD. When comparing 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, stepped up a tiny 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 M in sales for 2019-Q1, a -6.88% less compared to previous quarter. Reported quarter earnings marked $680.00 million 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 revenues to same quarter last year, NextEra Energy sales marked a beatiful growth and escalated a 5.49%. Looking back to recent quarterly results, NextEra Energy posted 2 positive 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 buy shares of a company, it's always worth to check its ownership structure.
NextEra Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.19% of all shares.
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 context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$100.0 B||$50.9 B||$65.1 B||$0.0 M||$19.9 B|
|Total shares||478.9 M||651.6 M||728.1 M||0.0 M||189.9 M|
|Float shares||477.9 M||800.2 M||727.5 M||317.0 M||189.3 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%|
|Monday, July 15th, 2019|
|Day range||$207.69 - $209.62|
|Average true range||$2.88|
|50d mov avg||$201.61|
|100d mov avg||$195.25|
|200d mov avg||$183.97|
NextEra Energy performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare NextEra Energy performance to Dominion Energy, Duke Energy, , Entergy, Exelon, FirstEnergy, PPL, Southern and Xcel Energy:
NextEra Energy competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for NextEra Energy. We selected 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