Latest news with #ENGIY
Yahoo
30-06-2025
- Business
- Yahoo
Are Utilities Stocks Lagging ENGIE - Sponsored ADR (ENGIY) This Year?
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ENGIE - Sponsored ADR (ENGIY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. ENGIE - Sponsored ADR is a member of the Utilities sector. This group includes 106 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ENGIE - Sponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for ENGIY's full-year earnings has moved 19.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Our latest available data shows that ENGIY has returned about 46.6% since the start of the calendar year. Meanwhile, the Utilities sector has returned an average of 8.1% on a year-to-date basis. As we can see, ENGIE - Sponsored ADR is performing better than its sector in the calendar year. Another Utilities stock, which has outperformed the sector so far this year, is National Grid (NGG). The stock has returned 23.7% year-to-date. The consensus estimate for National Grid's current year EPS has increased 5.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, ENGIE - Sponsored ADR belongs to the Utility - Electric Power industry, a group that includes 60 individual companies and currently sits at #83 in the Zacks Industry Rank. Stocks in this group have gained about 8% so far this year, so ENGIY is performing better this group in terms of year-to-date returns. National Grid is also part of the same industry. ENGIE - Sponsored ADR and National Grid could continue their solid performance, so investors interested in Utilities stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENGIE - Sponsored ADR (ENGIY) : Free Stock Analysis Report National Grid Transco, PLC (NGG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-06-2025
- Business
- Yahoo
Is Artesian Resources (ARTNA) Outperforming Other Utilities Stocks This Year?
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Artesian Resources (ARTNA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question. Artesian Resources is a member of the Utilities sector. This group includes 106 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Artesian Resources is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for ARTNA's full-year earnings has moved 8% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, ARTNA has gained about 8.3% so far this year. Meanwhile, stocks in the Utilities group have gained about 7.2% on average. As we can see, Artesian Resources is performing better than its sector in the calendar year. One other Utilities stock that has outperformed the sector so far this year is ENGIE - Sponsored ADR (ENGIY). The stock is up 38.3% year-to-date. The consensus estimate for ENGIE - Sponsored ADR's current year EPS has increased 17.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Artesian Resources belongs to the Utility - Water Supply industry, a group that includes 12 individual companies and currently sits at #139 in the Zacks Industry Rank. This group has gained an average of 15.7% so far this year, so ARTNA is slightly underperforming its industry in this area. In contrast, ENGIE - Sponsored ADR falls under the Utility - Electric Power industry. Currently, this industry has 60 stocks and is ranked #68. Since the beginning of the year, the industry has moved +7.1%. Investors interested in the Utilities sector may want to keep a close eye on Artesian Resources and ENGIE - Sponsored ADR as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Artesian Resources Corporation (ARTNA) : Free Stock Analysis Report ENGIE - Sponsored ADR (ENGIY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
Is ENGIE - Sponsored ADR (ENGIY) Stock Outpacing Its Utilities Peers This Year?
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ENGIE - Sponsored ADR (ENGIY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question. ENGIE - Sponsored ADR is one of 106 companies in the Utilities group. The Utilities group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ENGIE - Sponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for ENGIY's full-year earnings has moved 14.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the latest available data, ENGIY has gained about 36.1% so far this year. Meanwhile, the Utilities sector has returned an average of 7.4% on a year-to-date basis. As we can see, ENGIE - Sponsored ADR is performing better than its sector in the calendar year. Another stock in the Utilities sector, Exelon (EXC), has outperformed the sector so far this year. The stock's year-to-date return is 16%. In Exelon's case, the consensus EPS estimate for the current year increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, ENGIE - Sponsored ADR belongs to the Utility - Electric Power industry, which includes 60 individual stocks and currently sits at #53 in the Zacks Industry Rank. On average, stocks in this group have gained 7.5% this year, meaning that ENGIY is performing better in terms of year-to-date returns. Exelon is also part of the same industry. Going forward, investors interested in Utilities stocks should continue to pay close attention to ENGIE - Sponsored ADR and Exelon as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENGIE - Sponsored ADR (ENGIY) : Free Stock Analysis Report Exelon Corporation (EXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Engie SA (ENGIY) Q1 2025 Earnings Call Highlights: Resilient Performance Amid Market Challenges
EBIT: EUR3.7 billion, up 2% excluding nuclear. Cash Flow from Operations: EUR4 billion. Economic Net Debt: EUR46 billion, down 4% over the quarter. Net Recurring Income Guidance: EUR4.4 billion to EUR5 billion for the full year. Renewables Capacity Added: Over 0.6 gigawatts, mainly in LatAm and Egypt. EBITDA: EUR4.9 billion, excluding nuclear. Net Financial Debt: EUR34.6 billion, up EUR1.4 billion. Renewables and BESS EBIT: Down EUR59 million organically. Infrastructure EBIT: EUR1,453 million, up EUR469 million organically. Supply and Energy Management EBIT: EUR1,291 million, down EUR245 million organically. Leverage Ratios: Net financial debt-to-EBITDA at 2.2x; economic net debt to EBITDA at 3.0x. Dividend Policy: 65% to 75% payout ratio based on net recurring income, with a floor at EUR1.10. Warning! GuruFocus has detected 10 Warning Signs with ENGIY. Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Engie SA (ENGIY) reported an increase in EBIT for Q1 2025 compared to the previous year, showcasing resilience despite market normalization and geopolitical uncertainties. The company successfully closed a significant nuclear deal in Belgium, transferring EUR12 billion of nuclear waste storage provisions, reducing financial uncertainty. Engie SA (ENGIY) added over 0.6 gigawatts of renewable capacity, primarily in Latin America and Egypt, enhancing its renewable energy portfolio. The company maintained a robust balance sheet with economic net debt down 4% to EUR46 billion, equating to 3x EBITDA, below the ceiling of 4 times. Engie SA (ENGIY) confirmed its full-year guidance, expecting net recurring income group share between EUR4.4 billion and EUR5 billion, indicating confidence in future performance. The company faces challenges in the US market due to uncertainties around the Inflation Reduction Act (IRA) and future tariffs, impacting renewable and battery projects. Engie SA (ENGIY) experienced a decrease in cash flow from operations by EUR1.1 billion year-on-year, primarily due to margin calls and energy market normalization. The company's Energy Management segment saw a significant organic decrease in EBIT, attributed to lower reserve reversals and increased competition. Engie SA (ENGIY) noted a cautious approach from industrial customers due to macroeconomic uncertainties, potentially impacting future demand. The B2C segment's exceptional Q1 performance included one-off events and timing effects that are expected to reverse in the upcoming quarters, indicating potential volatility. Q: Can you provide more insight into the 2025 guidance and how the Q1 performance aligns with it? A: Pierre Francois Riolacci, Executive Vice President, explained that while Q1 was strong, it included some one-off benefits and easier comparisons in certain segments. Despite this, Engie remains cautious due to market uncertainties but is pleased with the start of the year. Q: Why has Engie not been impacted by the trading difficulties that affected peers like RWE and Centrica? A: Pierre Francois Riolacci noted that while Energy Management faced some challenges, Engie's strong B2B business, supported by stable multi-year contracts, provided resilience. The company has seen increased competition but remains confident in its B2B performance. Q: What are your views on the installed costs and competitiveness of renewables, especially in light of the IRA and potential political risks in the US? A: Catherine Macgregor, CEO, highlighted proactive supply chain management and strategic partnerships as key to managing costs. She noted that solar panels remain competitive and emphasized Engie's flexibility in capital allocation across various markets. Q: Could you elaborate on the potential impact of the IRA's transferability of tax credits and material assistance provisions on your battery projects? A: Catherine Macgregor stated that transferability offers more options compared to traditional tax equity. While there are concerns about Chinese components in batteries, Engie has front-loaded its US battery projects to mitigate risks. Q: How does Engie plan to address potential challenges in achieving its M&A-driven growth targets in electricity grids? A: Pierre Francois Riolacci mentioned that Engie is exploring various leads and remains agile in capital allocation. The focus is on value creation, and the company is open to redeploying capital to other strategic areas if necessary. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
