Why Caesars’ Digital Arm May Be the Gaming Giant’s Best-Kept Secret
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Buy
55
RNW Quote, Financials, Valuation and Earnings
Last price:
$6.91
Seasonality move
:
-9.1%
Day range:
$6.78 - $7.07
52-week range:
$5.15 - $7.79
Dividend yield:
0%
P/E ratio:
114.37x
P/S ratio:
2.51x
P/B ratio:
1.87x
Volume:
2.5M
Avg. volume:
1.3M
1-year change:
-5.86%
Market cap:
$2.5B
Revenue:
$982.3M
EPS (TTM):
$0.06
Analysts' Opinion
-
Consensus RatingReNew Energy Global PLC has received a consensus rating of Buy. The company's average rating is a Buy based on 3 Buy ratings, 1 Hold rating, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $8.50, ReNew Energy Global PLC has an estimated upside of 23.08% from its current price of $6.91.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $7.20 representing -4.14% downside risk from its current price of $6.91.
Fair Value
-
According to the consensus of 4 analysts, ReNew Energy Global PLC has 23.08% upside to fair value with a price target of $8.50 per share.
RNW vs. S&P 500
-
Over the past 5 trading days, ReNew Energy Global PLC has underperformed the S&P 500 by -0.56% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
ReNew Energy Global PLC does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
ReNew Energy Global PLC has grown year-over-year revenues for 2 quarters straight. In the most recent quarter ReNew Energy Global PLC reported revenues of $319.1M.
Earnings Growth
-
ReNew Energy Global PLC has grown year-over-year earnings for 1 quarter straight. In the most recent quarter ReNew Energy Global PLC reported earnings per share of $0.14.
Enterprise value:
10.1B
EV / Invested capital:
1.02x
Price / LTM sales:
2.51x
EV / EBIT:
16.04x
EV / Revenue:
10.08x
PEG ratio (5yr expected):
94.56x
EV / Free cash flow:
-12.29x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
11.78x
Gross Profit (TTM):
$969.7M
Return On Assets:
0.22%
Net Income Margin (TTM):
2.34%
Return On Equity:
1.58%
Return On Invested Capital:
0.25%
Operating Margin:
64.63%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $890M | $1B | $1B | $313.9M | $319.1M | |
| Gross Profit | $887.8M | $911.6M | $969.7M | $299.8M | $314.2M | |
| Operating Income | $529.4M | $529M | $574.2M | $184.3M | $206.2M | |
| EBITDA | $747.7M | $724.3M | $858.3M | $267.3M | $301.9M | |
| Diluted EPS | -$0.35 | $0.06 | $0.06 | $0.11 | $0.14 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | -- | $1.7B | $1.4B | $1.4B | $1.3B | |
| Total Assets | -- | $7.9B | $8.1B | $9.8B | $11.1B | |
| Current Liabilities | -- | $1.3B | $1.1B | $1.6B | $2B | |
| Total Liabilities | -- | $6.2B | $6.6B | $8.3B | $9.6B | |
| Total Equity | -- | $1.7B | $1.5B | $1.5B | $1.5B | |
| Total Debt | -- | $4.7B | $5.4B | $7.1B | $8.4B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $773.4M | $857.1M | $799.8M | $227.8M | $240.1M | |
| Cash From Investing | -$911.5M | -$1.8B | -$1.6B | -$571.1M | -$236.5M | |
| Cash From Financing | $128.8M | $928.1M | $685.4M | $396.9M | $14M | |
| Free Cash Flow | -$316.2M | -$602.1M | -$822.4M | -$262.6M | -$4.1M | |
RNW
Sector
Market Cap
$2.5B
$3.8B
Price % of 52-Week High
88.7%
83.88%
Dividend Yield
0%
3.58%
Shareholder Yield
-14.71%
1.81%
1-Year Price Total Return
-5.86%
--
Beta (5-Year)
--
0.566
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
SEE THE 1% OF STOCKS YOU NEED TO OWN FOR MASSIVE RETURNS
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Technicals
8-day SMA
Sell
Level
$7.09
200-day SMA
Buy
Level
$6.00
Bollinger Bands (100)
Buy
Level
5.54 - 6.44
Chaikin Money Flow
Sell
Level
-24.6M
20-day SMA
Buy
Level
$6.50
Relative Strength Index (RSI14)
Buy
Level
63.67
ADX Line
Sell
Level
11.09
Williams %R
Neutral
Level
-37.299
50-day SMA
Buy
Level
$6.01
MACD (12, 26)
Buy
Level
0.33
25-day Aroon Oscillator
Buy
Level
56
On Balance Volume
Neutral
Level
14.7M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.2911)
Sell
CA Score
(Annual)
Level (-1.8361)
Buy
Beneish M-Score
(Annual)
Level (-3.2712)
Sell
Momentum Score
Level (5)
Sell
Ohlson Score
Level (0.6984)
Buy
Piotroski F Score
(Annual)
Level (6)
Buy
Quality Ratio Score
Level (2)
Sell
Fundamental Score
Level (4)
Revenue Forecast
Earnings per Share Forecast
Company Profile
ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.
Stock Forecast FAQ
In the current month, RNW has received 3 Buy ratings 1 Hold ratings, and 0 Sell ratings. The RNW average analyst price target in the past 3 months is $8.50.
-
Where Will ReNew Energy Global PLC Stock Be In 1 Year?
According to analysts, the consensus estimate is that ReNew Energy Global PLC share price will rise to $8.50 per share over the next 12 months.
-
What Do Analysts Say About ReNew Energy Global PLC?
Analysts are divided on their view about ReNew Energy Global PLC share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that ReNew Energy Global PLC is a Sell and believe this share price will drop from its current level to $7.20.
-
What Is ReNew Energy Global PLC's Price Target?
The price target for ReNew Energy Global PLC over the next 1-year time period is forecast to be $8.50 according to 4 Wall Street analysts, 3 of them rate the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.
-
Is RNW A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for ReNew Energy Global PLC is a Buy. 3 of 4 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of RNW?
You can purchase shares of ReNew Energy Global PLC via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase ReNew Energy Global PLC shares.
-
What Is The ReNew Energy Global PLC Share Price Today?
ReNew Energy Global PLC was last trading at $6.91 per share. This represents the most recent stock quote for ReNew Energy Global PLC. Yesterday, ReNew Energy Global PLC closed at $6.91 per share.
-
How To Buy ReNew Energy Global PLC Stock Online?
In order to purchase ReNew Energy Global PLC stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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