Financhill
Sell
22

RNW Quote, Financials, Valuation and Earnings

Last price:
$6.20
Seasonality move :
-7.23%
Day range:
$6.08 - $6.24
52-week range:
$5.15 - $7.49
Dividend yield:
0%
P/E ratio:
176.65x
P/S ratio:
2.16x
P/B ratio:
1.76x
Volume:
550.4K
Avg. volume:
909.7K
1-year change:
14.58%
Market cap:
$2.2B
Revenue:
$982.3M
EPS (TTM):
$0.03

Analysts' Opinion

  • Consensus Rating
    ReNew Energy Global PLC has received a consensus rating of Buy. The company's average rating is a Buy based on 2 Buy ratings, 1 Hold rating, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $8.37, ReNew Energy Global PLC has an estimated upside of 37.68% from its current price of $6.21.
  • Price Target Downside
    According to analysts, the lowest downside price target is $7.10 representing 100% downside risk from its current price of $6.21.

Fair Value

  • According to the consensus of 3 analysts, ReNew Energy Global PLC has 37.68% upside to fair value with a price target of $8.37 per share.

RNW vs. S&P 500

  • Over the past 5 trading days, ReNew Energy Global PLC has overperformed the S&P 500 by 4.41% suggesting its relative strength compared to the major market average is strong 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 3 quarters straight. In the most recent quarter ReNew Energy Global PLC reported revenues of $218.7M.

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 -$0.13.
Enterprise value:
9.8B
EV / Invested capital:
--
Price / LTM sales:
2.16x
EV / EBIT:
15.26x
EV / Revenue:
9.56x
PEG ratio (5yr expected):
92.51x
EV / Free cash flow:
-18.39x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
11.16x
Gross Profit (TTM):
$977.9M
Return On Assets:
0.15%
Net Income Margin (TTM):
1.57%
Return On Equity:
1.09%
Return On Invested Capital:
0.17%
Operating Margin:
39.57%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $891.7M $1B $1B $192.1M $218.7M
Gross Profit $889.4M $931.3M $977.9M $179.9M $188.2M
Operating Income $526.4M $540M $577.5M $83.3M $86.5M
EBITDA $753.9M $732.7M $882.2M $155.6M $179.5M
Diluted EPS -$0.30 $0.10 $0.03 -$0.11 -$0.13
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets -- $1.8B $1.2B $1.7B $1.3B
Total Assets -- $8.3B $8.2B $10.6B $11.2B
Current Liabilities -- $1.5B $1.2B $2B $2.2B
Total Liabilities -- $6.5B $6.8B $9.2B $9.7B
Total Equity -- $1.7B $1.4B $1.4B $1.5B
Total Debt -- $5B $5.5B $7.8B $8.4B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $869.2M $830.2M $791.9M $223.7M $215.8M
Cash From Investing -$976.2M -$1.8B -$1.3B -$477.4M -$244.1M
Cash From Financing $32.7M $1.6B $123M $632.9M $70.6M
Free Cash Flow -$135.4M -$915.7M -$535.3M -$289.1M -$2.1M
RNW
Sector
Market Cap
$2.2B
$3.8B
Price % of 52-Week High
81.18%
84.87%
Dividend Yield
0%
3.05%
Shareholder Yield
-11.87%
0.94%
1-Year Price Total Return
14.29%
2.44%
Beta (5-Year)
--
0.471
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

Technicals

8-day SMA
Buy
Level $5.97
200-day SMA
Buy
Level $6.14
Bollinger Bands (100)
Sell
Level 5.99 - 6.81
Chaikin Money Flow
Sell
Level -25.6M
20-day SMA
Buy
Level $5.99
Relative Strength Index (RSI14)
Buy
Level 55.37
ADX Line
Buy
Level 21.27
Williams %R
Sell
Level -18.4049
50-day SMA
Sell
Level $6.22
MACD (12, 26)
Sell
Level -0.04
25-day Aroon Oscillator
Sell
Level -76
On Balance Volume
Sell
Level -3.4M

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 2 Buy ratings 1 Hold ratings, and 0 Sell ratings. The RNW average analyst price target in the past 3 months is $8.37.

  • 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 $8.37 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 $7.10.

  • 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 $8.37 according to 3 Wall Street analysts, 2 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. 2 of 3 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 $6.20 per share. This represents the most recent stock quote for ReNew Energy Global PLC. Yesterday, ReNew Energy Global PLC closed at $6.21 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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