Constellation Energy Corporation (NASDAQ: CEG) has seen a decline in its stock price by -1.07 in relation to its previous close of 192.78. However, the company has experienced a 0.69% gain in its stock price over the last five trading sessions. investopedia.com reported 2024-08-19 that Power demand for data centers in the U.S. is expected to triple by 2030, fueled by artificial intelligence (AI) applications, Mizuho Research analysts said.
Is It Worth Investing in Constellation Energy Corporation (NASDAQ: CEG) Right Now?
The price-to-earnings ratio for Constellation Energy Corporation (NASDAQ: CEG) is 25.42x, which is above its average ratio. Moreover, the 36-month beta value for CEG is 0.73. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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
The public float for CEG is 311.87M and currently, short sellers hold a 2.00% of that float. On August 21, 2024, CEG’s average trading volume was 3.60M shares.
CEG’s Market Performance
CEG stock saw an increase of 0.69% in the past week, with a monthly gain of 0.16% and a quarterly increase of -11.32%. The volatility ratio for the week is 3.40%, and the volatility levels for the last 30 days are 5.50% for Constellation Energy Corporation (CEG). The simple moving average for the last 20 days is 5.08% for CEG stock, with a simple moving average of 15.17% 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 -3.96% 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 -19.29% of loss for the given period.
Volatility was left at 5.50%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares surge +0.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.68% lower at present.
During the last 5 trading sessions, CEG rose by +0.69%, which changed the moving average for the period of 200-days by +66.06% in comparison to the 20-day moving average, which settled at $181.54. In addition, Constellation Energy Corporation saw 63.16% 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 3.06. 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 wrap up, the performance of Constellation Energy Corporation (CEG) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
