Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
ReNew Energy Global (RNW)
NASDAQ:RNW
Holding RNW?
Track your performance easily
RNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.78 - $7.79
Previous Close$6.29
Volume1.64M
Average Volume (3M)892.94K
Market Cap
$2.35B
Enterprise Value$3.05B
Total Cash (Recent Filing)₹79.00M
Total Debt (Recent Filing)₹695.00M
Price to Earnings (P/E)122.6
Beta0.70
Next Earnings
Nov 13, 2024EPS Estimate
$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding80,559,470
10 Day Avg. Volume1,116,868
30 Day Avg. Volume892,938
Standard Deviation0.12
R-Squared0.17
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.36
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
$8.10Price Target Upside28.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
ReNew Energy Global News
PremiumCompany Announcements
ReNew Energy Global Shareholders Approve Key Resolutions
PremiumCompany Announcements
ReNew Energy Growth Amidst Net Profit Dip
PremiumCompany Announcements
ReNew Energy Global Schedules 2024 AGMBulls 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.
Financial PerformanceEarnings for the first quarter missed expectations, with both revenue and EBITDA falling below estimates.
GuidanceAnnual guidance is expected to adjust to the low-end of the prior range.
---
Ownership Overview
―
Insiders
135.08% Mutual Funds
4256.76% Other Institutional Investors
5217.67% 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.
---
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 Nov 13, 2024 which is in 44 days.
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 $0.066 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 $0.066. 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 216K.
---
ReNew Energy Global Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$8.10 (28.78% Upside)
$8.10 (28.78% Upside)
Blogger Sentiment
Bullish
RNW Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 6.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.36%
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.
---
RNW Company Deck
---
RNW Earnings Call
Q1 2024
0:00 / 0:00
---
RNW Stock 12 Month Forecast
Average Price Target
$8.10
▲(28.78% Upside)
Technical Analysis
NextEra Energy
―
Brookfield Renewable Partners
―
Nextera Energy Partners
―
Atlantica Sustainable Infrastructure
―
Best Analysts Covering RNW
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
-0.66%
assigned a buy rating last month
Copying Justin Clare's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of -0.66% per trade.
---