Inside NextEra Energy’s Latest Price Targets
NextEra Energy (NEE) is looking at an estimated gain of 14% through next year—one of the highest among the S&P 500 utilities.
On January 19, 2017, NextEra Energy (NEE) stock was trading at a 2% premium and at a 1% discount to its 50-day and 200-day moving averages, respectively.
NextEra Energy (NEE) is estimated to report earnings of $1.31 per share for 4Q16. It reported earnings of $1.09 per share in 4Q15.
NEE’s dividends have grown by more than 8%, compounded annually, since 2005.
On January 19, 2017, NextEra Energy (NEE) was trading at an EV-to-EBITDA ratio of 11x. Its five-year historical average valuation multiple stands near 11x.
Renewables giant NextEra is estimated to report total revenues of ~$4.6 billion for 4Q16, as compared to total revenues of just over $4 billion in 4Q15.
On January 18, 2017, American Electric Power (AEP) stock was trading at a 4% premium and 1% discount to its 50-day and 200-day moving averages, respectively.
According to Wall Street analysts, American Electric Power (AEP) has a median price target of $66.81, which implies an estimated upside of 5% in the next year.
According to analyst estimates, American Electric Power (AEP) will report earnings of $0.54 per share.
Just like many other utility companies, American Electric Power (AEP) rallied sharply in the first half of last year but fell in the latter half.
According to estimates, the average residential customer will consume 3% more electricity between December 2016 to March 2017 compared to the same period last year.
Ohio-based American Electric Power (AEP) is set to report its 4Q16 and 2016 full-year financial results on January 26, 2017.
Chevron has been rated by 26 analysts. Eighteen analysts assigned “buy” or “strong buy” ratings, eight assigned “hold” ratings, and no analysts assigned “sell” or “strong sell” ratings on the stock.
Implied volatility in Chevron (CVX) currently stands at 19.9%, up from its December 19, 2016, level of 15.6%.
Since January 20, 2016, Chevron has been recuperating from the falls experienced in the previous year. CVX has gained 47% since then.
Chevron’s (CVX) Downstream segment saw its earnings fall 52% YoY to ~$1.1 billion in 3Q16.
Chevron (CVX) plans to post its 4Q16 results on January 27, 2017. Wall Street analysts expect Chevron to post earnings per share of $0.65 in 4Q16.
On January 18, none of the analysts tracking Tidewater rated it as a “buy” or some equivalent, according to data compiled by Reuters.
The correlation coefficient between Tidewater and crude oil’s price measures the statistical relationship between the two variables.
The short interest in Tidewater (TDW) stock as a percentage of its float was 27.6% as of January 18—compared to 37.3% as of September 30, 2016.