Constellation Energy Corporation (NASDAQ: CEG) has a price-to-earnings ratio that is above its average at 24.97x. The stock has a 36-month beta value of 0.75. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CEG is 312.13M, and at present, short sellers hold a 2.00% of that float. On August 13, 2024, the average trading volume of CEG was 3.61M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CEG) stock’s latest price update
The stock of Constellation Energy Corporation (NASDAQ: CEG) has decreased by -1.34 when compared to last closing price of 189.87.Despite this, the company has seen a gain of 10.21% in its stock price over the last five trading days. zacks.com reported 2024-08-09 that Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter?
CEG’s Market Performance
Constellation Energy Corporation (CEG) has seen a 10.21% rise in stock performance for the week, with a -13.73% decline in the past month and a -12.84% plunge in the past quarter. The volatility ratio for the week is 6.14%, and the volatility levels for the past 30 days are at 6.17% for CEG. The simple moving average for the last 20 days is 2.22% for CEG’s stock, with a simple moving average of 14.72% for the last 200 days.
Analysts’ Opinion of CEG
Many brokerage firms have already submitted their reports for CEG stocks, with Barclays repeating the rating for CEG by listing it as a “Overweight.” The predicted price for CEG in the upcoming period, according to Barclays is $211 based on the research report published on August 08, 2024 of the current year 2024.
Argus, on the other hand, stated in their research note that they expect to see CEG reach a price target of $240. The rating they have provided for CEG stocks is “Buy” according to the report published on July 19th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to CEG, setting the target price at $190 in the report published on February 28th of the current year.
CEG Trading at -6.89% 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 -20.72% of loss for the given period.
Volatility was left at 6.17%, however, over the last 30 days, the volatility rate increased by 6.14%, as shares sank -12.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.73% lower at present.
During the last 5 trading sessions, CEG rose by +10.21%, which changed the moving average for the period of 200-days by +63.94% in comparison to the 20-day moving average, which settled at $181.98. In addition, Constellation Energy Corporation saw 60.26% 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:
- 0.17 for the present operating margin
- 0.21 for the gross margin
The net margin for Constellation Energy Corporation stands at 0.11. The total capital return value is set at 0.08. Equity return is now at value 21.09, with 4.89 for asset returns.
Based on Constellation Energy Corporation (CEG), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.6. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is 18.48.
Currently, EBITDA for the company is 3.67 billion with net debt to EBITDA at 1.42. When we switch over and look at the enterprise to sales, we see a ratio of 3.01. The receivables turnover for the company is 10.12for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
To sum up, Constellation Energy Corporation (CEG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
