NEE stock: buy or sell?

NEE stock price: $232.48 0.60% At close on October 18th, 2019

Updated on:
October 18th, 2019

4

Shares of NextEra Energy raised a tiny 0.60% and closed at $232.48. Oct 18th was the 3rd green session in a row, soaring 2.16%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is NEE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6UBS Groupn/aBuy
2019-8-13Morgan Stanleyn/aOverweight
2019-8-13BarclaysOverweightEqual Weight
2019-7-26Credit Suisse Groupn/aOutperform
2019-6-7UBS Groupn/aBuy
2019-6-25Bank of American/aBuy
2019-6-24Guggenheimn/aBuy
2019-6-21Morgan Stanleyn/aOverweight
2019-6-19Barclaysn/aBuy
2019-6-14Morgan Stanleyn/aOverweight
2019-5-16Morgan Stanleyn/aOverweight
2019-4-8Goldman Sachs GroupConviction-BuyBuy
2019-4-24Wells Fargo & Con/aOutperform
2019-4-22Credit Suisse Groupn/aBuy
2019-3-20BarclaysEqual WeightOverweight

NEE stock analysis

Daily outlook

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.

NEE stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $218.70

Nobody 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:
NEE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6UBS GroupRaises Target$240.00$250.004.2%
2019-8-13Morgan StanleyRaises Target$207.00$234.0013%
2019-8-13BarclaysDowngradesn/a$218.00-
2019-7-26Credit Suisse GroupRaises Target$231.00$232.000.4%
2019-6-7UBS GroupRaises Target$225.00$236.004.9%
2019-6-25Bank of AmericaRaises Target$215.00$225.004.7%
2019-6-24GuggenheimReiterates$205.00$223.008.8%
2019-6-21Morgan StanleyRaises Target$207.00$209.001%
2019-6-19BarclaysReiteratesn/a$218.00-
2019-6-14Morgan StanleyRaises Target$194.00$207.006.7%
2019-5-16Morgan StanleyRaises Target$193.00$194.000.5%
2019-4-24Wells Fargo & CoReiterates$200.00$210.005%
2019-4-22Credit Suisse GroupSet Price Targetn/a$199.00-
2019-3-20BarclaysUpgrades$187.00$207.0010.7%
(in average)$209.50$218.704.0%
The price forecast for NextEra Energy stock is $218.70, moving in a range between $250.00 and $194.00. In average, analysts' outlook on NEE price forecast is positive, upgrading the prediction by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when NextEra Energy posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
NEE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.69n/a
2017-Q32017-10-261.771.854.5%
2017-Q42018-01-261.311.25-4.6%
2018-Q12018-04-241.781.949.0%
2018-Q22018-07-252.072.111.9%
2018-Q32018-10-232.172.180.5%
2018-Q42019-01-251.511.49-1.3%
2019-Q12019-04-221.85n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%

NEE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$14,760 M-$1,720 M11.7%-
2014$17,021 M15.32%$2,465 M14.5%43.31%
2015$17,486 M2.73%$2,752 M15.7%11.64%
2016$16,155 M-7.61%$2,912 M18.0%5.81%
2017$17,173 M6.30%$5,380 M31.3%84.75%
2018$16,727 M-2.60%$6,638 M39.7%23.38%
TTM $16,938 M1.26%$2,891 M17.1%-56.45%

Quarterly financial results

NextEra 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.
NEE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$4,130 M-$793 M19.2%-
2017-Q3$4,530 M9.69%$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 M5.33%$795 M19.5%-82.05%
2018-Q3$4,418 M8.58%$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 ownership

When 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:

NEEDDUKESETR
Market cap$113.6 B$66.0 B$69.5 B$27.7 B$23.5 B
Total shares488.8 M803.4 M728.6 M323.6 M198.8 M
Float shares477.8 M800.7 M727.6 M322.9 M198.1 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 selling0.0%0.0%0.0%0.0%0.0%

NEE summary

Friday, October 18th, 2019
Open$231.19
Close$232.48
Day range$230.31 - $232.78
Previous close$231.09
Session gain0.60%
Average true range$3.07
50d mov avg$224.13
100d mov avg$215.03
200d mov avg$199.82
Daily pattern
Weekly pattern lt06a

NextEra Energy performance

Performance 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:
Stock3m6m12m
NEENextEra Energy11.47%24.24%37.39%
DDominion Energy8.16%12.27%17.17%
DUKDuke Energy8.96%9.28%20.25%
ES12.22%24.04%39.10%
ETREntergy12.85%28.72%46.01%
EXCExelon-5.34%-8.18%4.34%
FEFirstEnergy12.22%21.59%29.25%
PPL 7.66%6.27%8.25%
SOSouthern11.81%20.33%42.25%
XELXcel Energy6.01%18.62%34.00%

NextEra Energy competitors

One 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.

Latest NEE stock news