Clearway Energy trades as part of the utilities sector and is in the regulated utilities industry. The company CEO is Christopher S. Sotos. NRG Yield Inc is a dividend growth-oriented company. The company owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets.



Previous Intraday Performance:

The CWEN shares had a previous change of 0.20% which opened at 14.64 and closed at 14.73. It moved to an intraday high of 14.77 and a low of 14.42.

SeekingAlpha:  How I Recession-Proofed My Retirement Portfolio

Historical Performance:

Over the last five trading days, CWEN shares returned 1.59% and in the past 30 trading days it returned 1.99%. Over three months, it changed -11.65%. In one year it has changed -8.87% and within that year its 52-week high was 20.75 and its 52-week low was 12.12. CWEN stock is 21.53% above its 52 Week Low.

Our calculations result in a 200 day moving average of 17.12 and a 50 day moving average of 14.64. Right now, CWEN stock is trading -13.95% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  How I Recession-Proofed My Retirement Portfolio

Liquidity:

The company has a market cap of $1.1b with 73.3m shares outstanding and a float of 73.0m shares. Trading volume was 467,285 shares and has experienced an average volume of 1,221,471 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Clearway Energy was 0.41 which ended on 31st of December 2018, which according to the previous close, that is a PE of 35.93. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.05. The trailing twelve month EPS is 0.29, which comes to a trailing twelve month PE of 50.79.

Below was the last reported quarterly earnings per share:
12-31-2018:  -0.68
09-30-2018:  0.20
06-30-2018:  0.61
03-31-2018:  0.16

The dividend per share is currently 0.80, which is a dividend yield of 5.43%. CWEN stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.

Base on our calculations, the intrinsic value per share is 53.65, which means it might be undervalued and has a margin of safety of 72.54%



The next earnings report will be: 03-29-2019

EPS growth is an important number as it indicates the future prospects of Clearway Energy; it is typically displayed as a percentage and called the EPS growth rate, which is 10.00%.

Indicators Also to Watch:

Based on the latest filings, there is 0.20% of insider ownership and 54.50% of institutional ownership. Short-interest was 2,650,837, which was 3.62% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.73. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.09

SeekingAlpha:  Digirad reports Q4 results

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 2.69%, return on assets is 0.57%, profit margin is 4.98%, price-to-sales is 0.99 and price-to-book is 1.56.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 1  : Financial Safety Result
 2  : Past Performance Result
 4  : Valuation Result
 3  : Dividend Safety Result
 2  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here