Renewable Energy Stocks Worth Watching – March 15th

Quanta Services, Bank of New York Mellon, Petróleo Brasileiro S.A. – Petrobras, Southern, WEC Energy Group, Rockwell Automation, and CMS Energy are the seven Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares of companies that produce, support, or innovate in the renewable energy sector, including wind, solar, and hydropower industries. These stocks provide investors an opportunity to participate in the growth of sustainable energy solutions while also aiming for potential financial returns from the expanding clean energy market. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Shares of PWR traded up $11.18 during trading hours on Friday, reaching $261.47. The company’s stock had a trading volume of 2,080,049 shares, compared to its average volume of 1,792,142. The firm has a market cap of $38.75 billion, a price-to-earnings ratio of 43.36, a P/E/G ratio of 1.41 and a beta of 1.10. Quanta Services has a 1-year low of $227.11 and a 1-year high of $365.88. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56. The company has a 50 day moving average of $295.49 and a two-hundred day moving average of $304.13.

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Shares of BK traded up $2.21 during trading hours on Friday, reaching $81.87. The company’s stock had a trading volume of 4,354,063 shares, compared to its average volume of 4,405,099. The firm has a market cap of $58.78 billion, a price-to-earnings ratio of 14.09, a P/E/G ratio of 0.97 and a beta of 1.06. Bank of New York Mellon has a 1-year low of $52.64 and a 1-year high of $90.34. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.83. The company has a 50 day moving average of $84.30 and a two-hundred day moving average of $78.40.

Petróleo Brasileiro S.A. – Petrobras (PBR)

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

NYSE:PBR traded up $0.73 during mid-day trading on Friday, reaching $13.46. The stock had a trading volume of 25,615,730 shares, compared to its average volume of 15,200,751. The stock has a market cap of $86.71 billion, a P/E ratio of 5.26, a PEG ratio of 0.18 and a beta of 1.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71. The business’s 50 day moving average is $13.73 and its 200 day moving average is $14.01. Petróleo Brasileiro S.A. – Petrobras has a fifty-two week low of $12.45 and a fifty-two week high of $17.44.

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Southern stock traded up $0.81 during trading hours on Friday, reaching $90.44. 2,990,786 shares of the company were exchanged, compared to its average volume of 5,261,427. Southern has a 12 month low of $67.53 and a 12 month high of $94.45. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 1.60. The firm has a market cap of $99.19 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 3.01 and a beta of 0.46. The stock has a 50-day moving average of $85.88 and a 200 day moving average of $87.13.

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

Shares of WEC traded up $1.78 during mid-day trading on Friday, hitting $106.89. The company’s stock had a trading volume of 2,173,736 shares, compared to its average volume of 2,009,666. WEC Energy Group has a one year low of $77.47 and a one year high of $110.19. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.43 and a current ratio of 0.60. The firm has a market capitalization of $33.76 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 2.60 and a beta of 0.45. The stock’s 50-day moving average is $101.25 and its two-hundred day moving average is $97.98.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

Shares of ROK traded up $4.80 during mid-day trading on Friday, hitting $260.09. The company’s stock had a trading volume of 792,416 shares, compared to its average volume of 827,711. Rockwell Automation has a one year low of $242.81 and a one year high of $308.70. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08. The firm has a market capitalization of $29.41 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39. The stock’s 50-day moving average is $282.10 and its two-hundred day moving average is $278.59.

CMS Energy (CMS)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

CMS stock traded up $0.95 during midday trading on Friday, hitting $72.83. The stock had a trading volume of 1,801,785 shares, compared to its average volume of 2,152,917. The firm has a market capitalization of $21.76 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 2.56 and a beta of 0.35. CMS Energy has a 52 week low of $56.61 and a 52 week high of $75.06. The stock has a 50-day simple moving average of $69.04 and a 200 day simple moving average of $68.91. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 1.80.