NRG Energy (NRG) Stock Moves -1.54%: What You Should Know

The latest trading session saw NRG Energy (NRG) ending at $85.90, denoting a -1.54% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 1.57%. Meanwhile, the Dow experienced a drop of 0.84%, and the technology-dominated Nasdaq saw a decrease of 2.15%.The power company's stock has climbed by 2.85% in the past month, exceeding the Utilities sector's loss of 3.62% and the S&P 500's loss of 12.16%.The investment community will be closely monitoring the performance of NRG Energy in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.72, marking a 10% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.72 billion, down 63.43% from the prior-year quarter.For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.28 per share and a revenue of $23.18 billion, signifying shifts of +9.64% and -17.59%, respectively, from the last year.It's also important for investors to be aware of any recent modifications to analyst estimates for NRG Energy. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.64% decrease. At present, NRG Energy boasts a Zacks Rank of #3 (Hold).With respect to valuation, NRG Energy is currently being traded at a Forward P/E ratio of 11.98. This denotes a discount relative to the industry's average Forward P/E of 17.39.Investors should also note that NRG has a PEG ratio of 1.06 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Utility - Electric Power industry stood at 2.63 at the close of the market yesterday.The Utility - Electric Power industry is part of the Utilities sector. With its current Zacks Industry Rank of 67, this industry ranks in the top 28% of all industries, numbering over 250.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG Energy, Inc. (NRG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks