CMS Energy Corporation (NYSE: CMS)’s stock price has increased by 0.28 compared to its previous closing price of 70.43. However, the company has seen a 0.48% increase in its stock price over the last five trading sessions. zacks.com reported 2024-09-24 that CMS is expected to benefit from its systematic investment plan and expansion of its renewable generation portfolio.
Is It Worth Investing in CMS Energy Corporation (NYSE: CMS) Right Now?
The price-to-earnings ratio for CMS Energy Corporation (NYSE: CMS) is above average at 21.74x, Company’s 36-month beta value is 0.40.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for CMS is 296.93M, and currently, short sellers hold a 3.20% ratio of that floaft. The average trading volume of CMS on October 01, 2024 was 2.04M shares.
CMS’s Market Performance
CMS’s stock has seen a 0.48% increase for the week, with a 4.37% rise in the past month and a 20.12% gain in the past quarter. The volatility ratio for the week is 1.41%, and the volatility levels for the past 30 days are at 1.35% for CMS Energy Corporation The simple moving average for the past 20 days is 1.65% for CMS’s stock, with a 15.49% simple moving average for the past 200 days.
Analysts’ Opinion of CMS
Guggenheim, on the other hand, stated in their research note that they expect to see CMS reach a price target of $64, previously predicting the price at $60. The rating they have provided for CMS stocks is “Buy” according to the report published on February 02nd, 2024.
Wolfe Research gave a rating of “Outperform” to CMS, setting the target price at $62 in the report published on January 16th of the current year.
CMS Trading at 5.43% from the 50-Day Moving Average
After a stumble in the market that brought CMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.55% of loss for the given period.
Volatility was left at 1.35%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.15% upper at present.
During the last 5 trading sessions, CMS rose by +0.48%, which changed the moving average for the period of 200-days by +21.84% in comparison to the 20-day moving average, which settled at $69.62. In addition, CMS Energy Corporation saw 21.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMS starting from Hofmeister Brandon J., who sale 2,000 shares at the price of $68.85 back on Sep 04 ’24. After this action, Hofmeister Brandon J. now owns 66,771 shares of CMS Energy Corporation, valued at $137,709 using the latest closing price.
Hofmeister Brandon J., the Officer of CMS Energy Corporation, proposed sale 2,000 shares at $68.91 during a trade that took place back on Sep 04 ’24, which means that Hofmeister Brandon J. is holding shares at $137,820 based on the most recent closing price.
Stock Fundamentals for CMS
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.33 for the gross margin
The net margin for CMS Energy Corporation stands at 0.13. The total capital return value is set at 0.04. Equity return is now at value 12.81, with 2.91 for asset returns.
Based on CMS Energy Corporation (CMS), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.96. The interest coverage ratio of the stock is 2.0.
Currently, EBITDA for the company is 2.78 billion with net debt to EBITDA at 5.46. When we switch over and look at the enterprise to sales, we see a ratio of 4.87. The receivables turnover for the company is 8.98for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
In a nutshell, CMS Energy Corporation (CMS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
