Ratings Neoenergia S.A.

Equities

NEOE3

BRNEOEACNOR3

Market Closed - Sao Paulo Other stock markets 04:07:00 2024-05-10 pm EDT			5-day change	1st Jan Change
19.2 ^BRL	-0.52%		-2.83%	-10.03%

Apr. 24	Transcript : Neoenergia S.A., Q1 2024 Earnings Call, Apr 24, 2024
Apr. 23	Neoenergia S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
One of the major weak points of the company is its financial situation.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Electric Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEOENERGIA S.A.	-10.03%	4.52B		B
NEXTERA ENERGY	+21.49%	152B		C+
SOUTHERN COMPANY	+11.44%	85.44B		B-
IBERDROLA, S.A.	+2.86%	82.74B		B
DUKE ENERGY CORPORATION	+5.80%	79.24B		B+
ENEL S.P.A.	+0.37%	73.89B		B-
CONSTELLATION ENERGY CORPORATION	+83.87%	67.75B		C
AMERICAN ELECTRIC POWER COMPANY, INC.	+12.79%	48.29B		A-
GE VERNOVA INC.	0.00%	45.85B	-	-
DOMINION ENERGY, INC.	+12.91%	44.48B		A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes