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ReNew Energy Global (RNW)
NASDAQ:RNW
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RNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.15 - $7.79
Previous Close$6.22
Volume669.21K
Average Volume (3M)861.92K
Market Cap
$2.32B
Enterprise Value$2.98B
Total Cash (Recent Filing)₹79.00M
Total Debt (Recent Filing)₹695.00M
Price to Earnings (P/E)69.6
Beta0.82
Next Earnings
Feb 19, 2025EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding80,559,470
10 Day Avg. Volume752,670
30 Day Avg. Volume861,924
Standard Deviation0.12
R-Squared0.18
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.66
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)4.90
P/FCF Ratio20.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$7.66Price Target Upside20.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
ReNew Energy Global News
PremiumCompany Announcements
ReNew Energy Global Receives Acquisition Proposal from Consortium
PremiumCompany Announcements
ReNew Energy Global Reports Strong Q2 FY25 Results
PremiumCompany Announcements
ReNew Energy Global’s Growth in Operational Capacity
PremiumPre-Earnings
Is RNW a Buy, Before Earnings?
PremiumCompany Announcements
ReNew Energy Global Shareholders Approve Key ResolutionsBulls Say, Bears Say
Bulls Say
Financial PerformanceThe management raised mid-term adjusted EBITDA guidance due to more operational gigawatts and cost optimization.
Market OpportunityThere is potential upside from selling solar modules into the US market.
Market ValuationThe stock is considered attractive as it trades at a 60% discount to recently listed peers.
Bears Say
Cash FlowCashflow from operations decreased compared to the previous period.
Earnings GuidanceAnnual guidance is expected to adjust to the low-end of the prior range.
Financial PerformanceNet debt has increased with a net debt/EBITDA ratio of 9.6x.
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Ownership Overview
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Insiders
1.37% Mutual Funds
43.11% Other Institutional Investors
52.25% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RNW FAQ
What was ReNew Energy Global’s price range in the past 12 months?
ReNew Energy Global lowest stock price was $5.15 and its highest was $7.79 in the past 12 months.
What is ReNew Energy Global’s market cap?
Currently, no data Available
When is ReNew Energy Global’s upcoming earnings report date?
ReNew Energy Global’s upcoming earnings report date is Feb 19, 2025 which is in 59 days.
How were ReNew Energy Global’s earnings last quarter?
ReNew Energy Global released its earnings results on Nov 19, 2024. The company reported $0.152 earnings per share for the quarter, beating the consensus estimate of $0.118 by $0.034.
Is ReNew Energy Global overvalued?
According to Wall Street analysts ReNew Energy Global’s price is currently Undervalued.
Does ReNew Energy Global pay dividends?
ReNew Energy Global does not currently pay dividends.
What is ReNew Energy Global’s EPS estimate?
ReNew Energy Global’s EPS estimate is -$0.04.
How many shares outstanding does ReNew Energy Global have?
ReNew Energy Global has 254,673,900 shares outstanding.
What happened to ReNew Energy Global’s price movement after its last earnings report?
ReNew Energy Global reported an EPS of $0.152 in its last earnings report, beating expectations of $0.118. Following the earnings report the stock price went up 0.182%.
Which hedge fund is a major shareholder of ReNew Energy Global?
Among the largest hedge funds holding ReNew Energy Global’s share is Moore Capital Management LP. It holds ReNew Energy Global’s shares valued at 2M.
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ReNew Energy Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.66 (20.82% Upside)
$7.66 (20.82% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 323.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 6.6%
Last 30 Days ▲ 6.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.98%
12-Months-Change
Fundamentals
Return on Equity
2.45%
Trailing 12-Months
Asset Growth
13.38%
Trailing 12-Months
Company Description
ReNew Energy Global
RMG Acquisition Corp II is a blank check company.
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RNW Company Deck
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RNW Earnings Call
Q2 2024
0:00 / 0:00
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RNW Stock 12 Month Forecast
Average Price Target
$7.66
▲(20.82% Upside)
Technical Analysis
NextEra Energy
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Brookfield Renewable Partners
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Clearway Energy
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Best Analysts Covering RNW
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
-0.92%
reiterated a buy rating 27 days ago
Copying Justin Clare's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of -0.92% per trade.
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