April 21, 2022 (Earnings Report) Dear Reader, We just identified several energy stocks that are expected to release earnings this week. If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments. Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
FirstEnergy
Symbol: FE
Recent Price: $48.46
Average Analyst Price Target: $48.56 (0.21%)
Market Cap: $27.67B
Last Year's EPS: $0.69
Consensus EPS Forecast: $0.62
Expected Earnings Date: Apr 20 2022
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on FirstEnergy (FE) in the Utilities sector with a Buy rating and a price target of $53 (1 day ago).
TipRanks.com also reports that FirstEnergy currently has 9 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $48.56 . The target pricing ranges from a high forecast of $53.00 down to a low forecast of $43.00. FirstEnergy (FE)’s last closing price was $48.46 which would put the average price target at 0.21% upside.Here are 3rd party ratings for FE:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 38% (96 out of 253)
--------------------------------------------------------------------------
NextEra Energy
Symbol: NEE
Recent Price: $81.51
Average Analyst Price Target: $93.75 (15.02%)
Market Cap: $160.12B
Last Year's EPS: $0.67
Consensus EPS Forecast: $0.69
Expected Earnings Date: Apr 20 2022
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on NextEra Energy (NEE) in the Utilities sector with a Hold rating and a price target of $88 (1 day ago).
TipRanks.com also reports that NextEra Energy currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $93.75 . The target pricing ranges from a high forecast of $107.00 down to a low forecast of $88.00. NextEra Energy (NEE)’s last closing price was $81.51 which would put the average price target at 15.02% upside.Here are 3rd party ratings for NEE:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 38% (96 out of 253)
--------------------------------------------------------------------------
Nextera Energy Partners
Symbol: NEP
Recent Price: $74.99
Average Analyst Price Target: $89.83 (19.79%)
Market Cap: $6.30B
Last Year's EPS: $2.66
Consensus EPS Forecast: $0.36
Expected Earnings Date: Apr 20 2022
Recent Analyst Action: Stephen Byrd, analyst at Morgan Stanley, reiterates coverage on Nextera Energy Partners (NEP) in the Utilities sector with a Hold rating and a price target of $93 (1 day ago).
TipRanks.com also reports that Nextera Energy Partners currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $89.83 . The target pricing ranges from a high forecast of $94.00 down to a low forecast of $83.00. Nextera Energy Partners (NEP)’s last closing price was $74.99 which would put the average price target at 19.79% upside.Here are 3rd party ratings for NEP:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Sell, Top 41% (104 out of 253)
--------------------------------------------------------------------------
To Your Financial Future,
The Editor, EnergyStockMovers.com