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Why Clearway Energy (CWEN) Outpaced the Stock Market Today
Clearway EnergyClearway Energy(US:CWEN) ZACKSยท2025-06-16 23:16

Company Performance - Clearway Energy (CWEN) closed at $32.22, reflecting a +1.93% change from the previous day's closing price, outperforming the S&P 500's gain of 0.94% [1] - Prior to the recent trading session, CWEN shares had increased by 4.12%, lagging behind the Oils-Energy sector's gain of 4.54% but outperforming the S&P 500's gain of 1.67% [2] Upcoming Earnings - The upcoming earnings per share (EPS) for Clearway Energy is projected at $0.7, indicating a significant 62.79% increase compared to the same quarter of the previous year [3] - Quarterly revenue is expected to reach $445.36 million, which represents a 21.68% increase from the year-ago period [3] - Full-year Zacks Consensus Estimates predict earnings of $1.1 per share and revenue of $1.5 billion, reflecting year-over-year changes of +46.67% and +9.61%, respectively [4] Analyst Sentiment - Recent revisions to analyst forecasts for Clearway Energy are crucial as they often indicate shifting business dynamics, with positive revisions suggesting analyst optimism about the company's profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Clearway Energy at 3 (Hold), with no changes in the EPS estimate over the past month [6] Valuation Metrics - Clearway Energy has a Forward P/E ratio of 28.79, indicating a premium compared to its industry's Forward P/E of 19.74 [7] - The company has a PEG ratio of 0.75, significantly lower than the average PEG ratio of 2.23 for the Alternative Energy - Other industry [7] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 180, placing it in the bottom 27% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]