Constellation Energy Corporation (NASDAQ: CEG) has a higher price-to-earnings ratio of 36.60x compared to its average ratio. CEG has 36-month beta value of 0.77. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CEG is 314.46M, and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of CEG on April 23, 2024 was 2.49M shares.
CEG) stock’s latest price update
Constellation Energy Corporation (NASDAQ: CEG)’s stock price has gone rise by 1.28 in comparison to its previous close of 180.90, however, the company has experienced a -1.18% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-04-22 that There’s plenty out there that could potentially drive a broad market pullback, but there are also plenty of individual stocks due for a pullback. Irrespective how the market performs from here, these types of stocks may be in for considerable declines in price.
CEG’s Market Performance
Constellation Energy Corporation (CEG) has seen a -1.18% fall in stock performance for the week, with a 5.22% gain in the past month and a 56.32% surge in the past quarter. The volatility ratio for the week is 3.40%, and the volatility levels for the past 30 days are at 4.19% for CEG. The simple moving average for the past 20 days is -2.00% for CEG’s stock, with a 45.74% simple moving average for the past 200 days.
Analysts’ Opinion of CEG
Many brokerage firms have already submitted their reports for CEG stocks, with KeyBanc Capital Markets repeating the rating for CEG by listing it as a “Overweight.” The predicted price for CEG in the upcoming period, according to KeyBanc Capital Markets is $190 based on the research report published on February 28, 2024 of the current year 2024.
CEG Trading at 9.23% from the 50-Day Moving Average
After a stumble in the market that brought CEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.85% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares surge +2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.16% upper at present.
During the last 5 trading sessions, CEG fell by -1.18%, which changed the moving average for the period of 200-days by +101.34% in comparison to the 20-day moving average, which settled at $187.21. In addition, Constellation Energy Corporation saw 56.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CEG
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.13 for the gross margin
The net margin for Constellation Energy Corporation stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 14.80, with 3.33 for asset returns.
Based on Constellation Energy Corporation (CEG), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.57. The debt to equity ratio resting at 0.85. The interest coverage ratio of the stock is 4.99.
Currently, EBITDA for the company is 3.67 billion with net debt to EBITDA at 1.78. When we switch over and look at the enterprise to sales, we see a ratio of 2.77. The receivables turnover for the company is 8.41for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To put it simply, Constellation Energy Corporation (CEG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
