(CWEN) Clearway Energy C - Ratings and Ratios

Clearway Energy Inc Class C (NYSE:CWEN) is a leading player in the US clean energy generation market, operating a diverse portfolio of renewable and dispatchable power generation assets across 26 states. With a gross capacity of approximately 11.8 GW, the companys assets include around 9 GW of wind, solar, and battery energy storage systems, as well as 2.8 GW of combustion-based power generation assets that provide critical grid reliability services.

The companys business is segmented into Flexible Generation and Renewables, allowing it to capitalize on the strengths of both dispatchable and intermittent power generation. As a subsidiary of Clearway Energy Group LLC, CWEN has a strong backing and is well-positioned to benefit from the growing demand for clean energy in the US. With its headquarters in Princeton, New Jersey, the company has a established presence in the market, having been incorporated in 2012 and rebranded from NRG Yield, Inc. in 2018.

From a technical analysis perspective, CWENs stock price has been trending upwards, with its 20-day SMA at $29.75 and 50-day SMA at $28.99, indicating a bullish sentiment. The stock is currently trading at $30.51, near its 52-week high of $30.84, and has a relatively low ATR of 0.75, representing a 2.44% daily price movement. This suggests that the stock is experiencing a period of consolidation, potentially setting the stage for a further upward move.

Fundamentally, CWEN has a market capitalization of $5.9 billion and a P/E ratio of 38.82, indicating a relatively high valuation. However, with a forward P/E of 161.29, the companys growth prospects are likely factored into its current price. The RoE of 2.46% suggests that CWENs profitability is relatively low, but this is not uncommon in the energy sector where capital expenditures are typically high.

Forecasting CWENs future performance, we can expect the company to continue benefiting from the growing demand for clean energy in the US. With its diversified portfolio and strong backing from Clearway Energy Group LLC, CWEN is well-positioned to capitalize on this trend. Based on its technical and fundamental data, we can expect CWENs stock price to potentially reach $35-40 in the next 12-18 months, driven by its strong growth prospects and improving profitability. However, this forecast is contingent on the companys ability to continue executing on its growth strategy and navigating the complexities of the energy market.