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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$5.45
Volume802.03K
Average Volume (3M)800.86K
Market Cap
$2.01B
Enterprise Value$2.67B
Total Cash (Recent Filing)₹79.00M
Total Debt (Recent Filing)₹695.00M
Price to Earnings (P/E)106.2
Beta0.79
Next Earnings
Nov 19, 2024EPS Estimate
$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding80,559,470
10 Day Avg. Volume574,371
30 Day Avg. Volume800,858
Standard Deviation0.12
R-Squared0.18
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.35
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
$8.16Price Target Upside48.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
ReNew Energy Global News
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 Resolutions
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLower finance costs helped adjusted profit before tax exceed expectations.
Market ExpansionThere is potential upside from selling solar modules into the US market.
ValuationThe stock looks attractive, trading at 9x FY26 EBITDA, a significant discount to Indian IPPs trading at 13.6x.
Bears Say
Debt LevelsNet debt levels increased, and both net debt/EBITDA and net debt/equity ratios are higher compared to the previous fiscal year.
EarningsEarnings for the first quarter missed expectations, with both revenue and EBITDA falling below estimates.
Financial PerformanceEBITDA margin excluding transmission decreased by 150 basis points year-over-year.
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Ownership Overview
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Insiders
1.39% Mutual Funds
43.11% Other Institutional Investors
52.22% 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 Nov 19, 2024 which is 2 days ago.
How were ReNew Energy Global’s earnings last quarter?
ReNew Energy Global released its earnings results on Aug 15, 2024. The company reported $0.003 earnings per share for the quarter, missing the consensus estimate of $0.065 by -$0.063.
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 $0.12.
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 $0.003 in its last earnings report, missing expectations of $0.065. Following the earnings report the stock price went down -5.912%.
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 217K.
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ReNew Energy Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.16 (48.91% Upside)
$8.16 (48.91% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 100%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.09%
12-Months-Change
Fundamentals
Return on Equity
1.50%
Trailing 12-Months
Asset Growth
13.10%
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
Q1 2024
0:00 / 0:00
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RNW Stock 12 Month Forecast
Average Price Target
$8.16
▲(48.91% Upside)
Technical Analysis
NextEra Energy
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Best Analysts Covering RNW
1 Year
1 Year Success Rate
3/6 ratings generated profit
1 Year Average Return
-0.05%
reiterated a buy rating 9 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 -0.05% per trade.
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