Nextera Energy Preferred Stock Fundamentals
| NEE-PR Preferred Stock | USD 43.88 0.16 0.37% |
Nextera Energy fundamentals help investors to digest information that contributes to Nextera Energy's financial success or failures. It also enables traders to predict the movement of Nextera Preferred Stock. The fundamental analysis module provides a way to measure Nextera Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextera Energy preferred stock.
Nextera |
Nextera Energy Company Price To Earning Analysis
Nextera Energy's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nextera Energy Price To Earning | 9.49 X |
Most of Nextera Energy's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextera Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Nextera Energy has a Price To Earning of 9.49 times. This is 68.58% lower than that of the Utilities sector and 60.9% lower than that of the Utilities - Regulated Electric industry. The price to earning for all United States preferred stocks is 66.96% higher than that of the company.
Nextera Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nextera Energy's current stock value. Our valuation model uses many indicators to compare Nextera Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nextera Energy competition to find correlations between indicators driving Nextera Energy's intrinsic value. More Info.Nextera Energy is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to book category among its peers fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Nextera Energy is roughly 10.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nextera Energy's earnings, one of the primary drivers of an investment's value.Nextera Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextera Energy's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Nextera Energy could also be used in its relative valuation, which is a method of valuing Nextera Energy by comparing valuation metrics of similar companies.Nextera Energy is currently under evaluation in price to earning category among its peers.
Nextera Fundamentals
| Return On Equity | 8.04 | ||||
| Return On Asset | 2.89 | ||||
| Profit Margin | 18.71 % | ||||
| Operating Margin | 26.65 % | ||||
| Current Valuation | 76.32 B | ||||
| Shares Outstanding | 477.94 M | ||||
| Price To Earning | 9.49 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 5.56 X | ||||
| Revenue | 17.85 B | ||||
| Gross Profit | 9.66 B | ||||
| EBITDA | 9.21 B | ||||
| Net Income | 3.34 B | ||||
| Cash And Equivalents | 1.02 B | ||||
| Cash Per Share | 2.13 X | ||||
| Total Debt | 41.72 B | ||||
| Debt To Equity | 108.30 % | ||||
| Current Ratio | 0.52 X | ||||
| Book Value Per Share | 72.86 X | ||||
| Cash Flow From Operations | 6.94 B | ||||
| Earnings Per Share | 6.96 X | ||||
| Number Of Employees | 14.3 K | ||||
| Beta | 0.25 | ||||
| Market Capitalization | 99.16 B | ||||
| Z Score | 1.2 |
About Nextera Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextera Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextera Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextera Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida. NextEra Energy is traded on New York Stock Exchange in USA.
Pair Trading with Nextera Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextera Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Nextera Preferred Stock
Moving against Nextera Preferred Stock
| 0.72 | IDA | IDACORP | PairCorr |
| 0.57 | EDN | Empresa Distribuidora | PairCorr |
| 0.45 | ETR | Entergy | PairCorr |
| 0.4 | AEE | Ameren Corp Sell-off Trend | PairCorr |
| 0.37 | EVRG | Evergy, | PairCorr |
The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextera Energy to buy it.
The correlation of Nextera Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nextera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Nextera Preferred Stock Analysis
When running Nextera Energy's price analysis, check to measure Nextera Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.