Clearway Energy (CWEN) Increases Despite Market Slip: Here’s What You Need to Know
From Nasdaq: 2025-04-03 18:15:00
Clearway Energy (CWEN) closed at $30.79, up 0.62% from the day before, outperforming S&P 500’s 4.84% loss. The stock gained 12.42% in the last month, surpassing the Oils-Energy sector and S&P 500. Analysts project an EPS of -$0.30 and revenue of $310.81 million for Clearway’s upcoming earnings report.
Investors should pay attention to Clearway Energy’s earnings release, with expectations of a significant decline in EPS. Recent analyst estimates show a 7.84% increase in EPS projections. Clearway Energy currently holds a Zacks Rank of #3 (Hold) and is part of the Alternative Energy – Other industry, ranking in the top 35% of all industries evaluated.
Clearway Energy’s valuation metrics indicate it may be trading at a premium compared to its industry peers. With a Forward P/E ratio of 40.83 and a PEG ratio of 1.23, investors should consider industry averages and trends. The Alternative Energy – Other industry holds a Zacks Industry Rank of 85, showing positive industry dynamics.
Zacks Investment Research highlights Clearway Energy as a stock to watch, with potential for significant growth. Their team identifies stocks with the highest likelihood of doubling in value, with a focus on innovative financial firms. Investors can access more insights and recommendations from Zacks Investment Research for informed decision-making.
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