CenterPoint Energy Inc. (NYSE:CNP) went down by -0.23% from its latest closing price compared to the recent 1-year high of $27.19. The company’s stock price has collected 0.85% of gains in the last five trading sessions. Press Release reported on 09/09/21 that CenterPoint to Host its 2021 Analyst Day on September 23
Is It Worth Investing in CenterPoint Energy Inc. (NYSE :CNP) Right Now?
CenterPoint Energy Inc. (NYSE:CNP) scored a price-to-earnings ratio above its average ratio, recording 19.94 x from its present earnings ratio. Plus, the 36-month beta value for CNP is at 0.97. Opinions of the stock are interesting as 8 analysts out of 15 who provided ratings for CenterPoint Energy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $27.83, which is $1.67 above the current price. CNP currently public float of 578.79M and currently shorts hold a 3.88% ratio of that float. Today, the average trading volume of CNP was 5.32M shares.
CNP’s Market Performance
CNP stocks went up by 0.85% for the week, with a monthly drop of -2.21% and a quarterly performance of 0.69%, while its annual performance rate touched 34.50%. The volatility ratio for the week stands at 2.20% while the volatility levels for the past 30 days are set at 1.83% for CenterPoint Energy Inc.. The simple moving average for the period of the last 20 days is 0.49% for CNP stocks with a simple moving average of 11.03% for the last 200 days.
Analysts’ Opinion of CNP
Many brokerage firms have already submitted their reports for CNP stocks, with BofA Securities repeating the rating for CNP by listing it as a “Buy.” The predicted price for CNP in the upcoming period, according to BofA Securities is $27 based on the research report published on May 24th of the current year 2021.
CNP Trading at 1.67% from the 50-Day Moving Average
After a stumble in the market that brought CNP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.81% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -2.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.78% upper at present.
During the last 5 trading sessions, CNP rose by +0.85%, which changed the moving average for the period of 200-days by +7.39% in comparison to the 20-day moving average, which settled at $26.00. In addition, CenterPoint Energy Inc. saw 20.89% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CNP starting from LESAR DAVID J, who purchase 50,000 shares at the price of $23.58 back on May 13. After this action, LESAR DAVID J now owns 329,722 shares of CenterPoint Energy Inc., valued at $1,179,000 using the latest closing price.
Wells Jason P., the EVP & CFO of CenterPoint Energy Inc., purchase 10,000 shares at $24.06 during a trade that took place back on May 11, which means that Wells Jason P. is holding 107,416 shares at $240,600 based on the most recent closing price.
Stock Fundamentals for CNP
Current profitability levels for the company are sitting at:
- +16.50 for the present operating margin
- +23.46 for the gross margin
The net margin for CenterPoint Energy Inc. stands at -7.97. The total capital return value is set at 5.29, while invested capital returns managed to touch -2.78. Equity return is now at value 12.20, with 2.20 for asset returns.
Based on CenterPoint Energy Inc. (CNP), the company’s capital structure generated 172.80 points at debt to equity in total, while total debt to capital is 63.34. Total debt to assets is 41.96, with long-term debt to equity ratio resting at 192.93. Finally, the long-term debt to capital ratio is 50.70.
When we switch over and look at the enterprise to sales, we see a ratio of 3.67, with the company’s debt to enterprise value settled at 0.53. The receivables turnover for the company is 4.63 and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.