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ReNew Energy Global (RNW)
NASDAQ:RNW
ReNew Energy Global (RNW) Stock Price & Analysis
198 Followers
RNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.78 - $7.79
Previous Close$5.48
Volume1.16M
Average Volume (3M)1.32M
Market Cap
$2.04B
Enterprise Value$2.80B
Total Cash (Recent Filing)₹62.70M
Total Debt (Recent Filing)₹748.40M
Price to Earnings (P/E)40.2
Beta0.97
Next Earnings
Aug 16, 2024EPS Estimate
$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding80,559,470
10 Day Avg. Volume1,209,939
30 Day Avg. Volume1,318,850
Standard Deviation0.13
R-Squared0.17
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)0.27
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.82Price Target Upside60.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
ReNew Energy Global News
PremiumCompany Announcements
ReNew Energy Global Posts Strong FY24 Results
PremiumPre-Earnings
Is RNW a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceReNew beat fourth-quarter estimates with an adjusted EBITDA of INR 16.8 billion, significantly above consensus estimates.
Future GrowthManagement expects to reach around 19GW net operational assets by FY30, indicating substantial long-term growth.
Project WinsRNW has won approximately 8GW of projects, demonstrating strong growth potential.
Bears Say
Financial PerformanceResults missed both MS and Street estimates driven by weaker PLF and lower than expected commissioning of assets.
ProfitabilityEBITDA margin ex of transmission contracted 250bp yoy.
Project CommissioningCommissioning of projects has been slower than guided earlier for F24.
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Ownership Overview
0.00%
Insiders
1.72% Mutual Funds
4.04% Other Institutional Investors
94.24% 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 $4.78 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 Aug 16, 2024 which is in 25 days.
How were ReNew Energy Global’s earnings last quarter?
ReNew Energy Global released its earnings results on Jun 05, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of -$0.037 by $0.057.
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 $0.08.
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 $0.02 in its last earnings report, beating expectations of -$0.037. Following the earnings report the stock price went down -6.581%.
Which hedge fund is a major shareholder of ReNew Energy Global?
Among the largest hedge funds holding ReNew Energy Global’s share is Graham Capital Management, L.P.. It holds ReNew Energy Global’s shares valued at 247K.
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ReNew Energy Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$8.82 (60.95% Upside)
$8.82 (60.95% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 66%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 2.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.96%
12-Months-Change
Fundamentals
Return on Equity
3.95%
Trailing 12-Months
Asset Growth
6.90%
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
Q4 2024
0:00 / 0:00
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RNW Stock 12 Month Forecast
Average Price Target
$8.82
▲(60.95% Upside)
Technical Analysis
NextEra Energy
―
Brookfield Renewable Partners
―
Atlantica Sustainable Infrastructure
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Clearway Energy
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Best Analysts Covering RNW
1 Year
1 Year Success Rate
3/6 ratings generated profit
1 Year Average Return
-1.35%
reiterated a buy rating 5 months ago
Copying Puneet Gulati's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.35% per trade.
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