Stock is in a downtrend and they name an NFL football player as VP of Power Relations! I believe J.J. Watt is still active in the NFL. Realistically, how much time could he spend at his new job and aside from his popularity in the Houston area, what expertise could he offer. Another expense added to a company with a P/E 600!!!! We want moves that result in earnings that exceed the expense of the move. This is another questionable economic move by management!
Company has not been good at meeting EPS expectations lately. Missing 3 out of 4 projections. 2 of them by over 200%. EPS expectations are -$0.08 but ranges among 6 analysts from -$0.27 to +$0.07 (pretty wide range!). It looks like they could actually lose money for the quarter and beat expectations. I wonder if the analyst that projected 0.27 loss projected this price to help NRG beat expectations.
How does Crane keep his job with this stock's pathetic performance? He is not performing as a CEO should and his compensation and continued employment should be adjusted accordingly. Anyone who owns retirement funds that own this stock needs to be writing to those funds or pulling their money out!
Does anybody know at what rate the negative Levered Free Cash Flow is being reduced? Or is it getting more negative with the expansion that I have read about? Is there a place to find this historical value?
You are only looking at and stating a snippet of the total picture here. If Ford has greater costs they must do something to reduce those costs such as moving jobs to Mexico. Could their costs be higher because they did not take taxpayer's bailout money? How many Americans had their retirement negatively affected by GM's fiscal irresponsibility pre-bailout? (Including exempt workers who lost their pensions).
With the recent slide in share price I was surprised the P/E was 700! This reflects the effectiveness of management. I feel that 90% of the news that I read about NRG results in a hit to NRG's earnings in the short term. For instance the recent deal with Lucid sounds good long term, but short term I am not so sure. We need management that strives for short and long term valuation of our stock!
I don't think this board of directors has a clue. They certainly have not done anything else to help the stock I price.
Sentiment: Strong Sell
I was going to buy a few hundred shares until i saw how much the executives paid themselves. The net income from the most recent quarter reported almost pays their yearly salary! I am new to this company but I know that this year is better than last year and perhaps they are being rewarded for turning the company around. However, what was their salary last year when they lost money?