For its third fiscal quarter (ending September 30), NRG Energy Inc (NYSE: NRG) has reported a 390% increase in E.P.S. from $0.29 a year ago to $1.42 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-7.90 compared to $7.99 a year ago — a decline of -199%.
Recent Price Action
NRG Energy Inc (NYSE: NRG) stock closed at $45.13 on 11/2/23 after a large increase of 2.9%. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NRG is expected to continue to be a major Value Builder.
NRG Energy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NRG Energy has a slightly positive Appreciation Score of 63 and a good Power Rating of 84, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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