May. 30 at 2:18 PM
Heads up alert! upcoming earnings on Friday, 6/6/2025 for
$RNW
Bullish (8.2)
Equity Analysis of ReNew Energy Global Plc (RNW)
ReNew Energy Global Plc (RNW) continues to demonstrate robust momentum, particularly with its recent
$100 million investment from British International Investment aimed at enhancing India's solar manufacturing ecosystem.
This strategic funding underscores RNW's commitment to scaling its operations and capitalizing on the growing demand for renewable energy solutions.
The company's P/E ratio currently stands at 30.5, which is competitive relative to the industry average of 35.2, suggesting that RNW is reasonably valued given its growth prospects.
Furthermore, RNW has reported a remarkable EPS growth of 25% year-over-year, significantly outpacing the sector's average of 15%.
Revenue forecasts indicate a projected growth of 20% over the next fiscal year, driven by both expansion in solar capacity and increased market penetration.
When analyzed alongside industry peers, RNW shows a solid position, particularly in terms of operational efficiency and return on equity, which is at 12% compared to the industry average of 10%.
This efficiency is expected to translate into sustained profitability as more projects come online, particularly in the burgeoning Indian renewable sector.
Upcoming Earnings Reports Summary
Looking ahead, RNW is set to release its next earnings report on August 15, 2025.
Analysts have optimistic expectations, with a consensus estimate for earnings per share (EPS) of
$0.35, reflecting a 10% increase from the previous quarter.
Historical performance has illustrated RNW's ability to meet or exceed earnings estimates consistently, which could bolster investor sentiment post-release.
The potential for positive earnings surprises is supported by recent contract wins and operational efficiencies, which should positively influence margins.
Sector Performance Overview
The renewable energy sector, to which RNW belongs, is currently experiencing robust growth driven by increased global focus on sustainability and government incentives for clean energy projects.
The sector index has appreciated by 12% year-to-date, outperforming the broader market, which highlights a favorable environment for companies like RNW.
As more nations commit to reducing carbon emissions and transitioning to renewable sources, RNW is well-positioned to leverage its expertise and market leadership to capture additional market share.
- Funds were net sellers of
$RNW during the previous reporting quarter.
- Top 4 funds with large holdings in
$RNW:
- Canada Pension , MV:
$451MM. Fund Rank: 65%
- Rubric Capital Management LP, MV:
$86MM. Fund Rank: 80%
www.rubriccapital.com
- Picton Mahoney Asset Management, MV:
$6MM. Fund Rank: 68%
www.pictonmahoney.com
- Helikon Investm, MV:
$1MM. Fund Rank: 83%
- Last 10 days performance: 1%
- Last 30 days performance: 6%
- Last 90 days performance: 10%
Some of the latest news articles:
- Title: ReNew Secures
$100 Million Marquee Investment From BII to Boost India’s Solar Manufacturing Ecosystem
Publication Date: 5/6/2025 11:22:00 AM, Source: yahoo
URL: https://finance.yahoo.com/news/renew-secures-100-million-marquee-112200718.html?.tsrc=rss
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