The price-to-earnings ratio for Centerpoint Energy Inc (NYSE: CNP) is above average at 21.91x, Company’s 36-month beta value is 0.95.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for CNP is 649.08M, and currently, short sellers hold a 3.64% ratio of that floaft. The average trading volume of CNP on January 22, 2025 was 4.62M shares.
CNP) stock’s latest price update
The stock price of Centerpoint Energy Inc (NYSE: CNP) has jumped by 1.54 compared to previous close of 32.56. Despite this, the company has seen a gain of 4.59% in its stock price over the last five trading days. zacks.com reported 2025-01-21 that Investors interested in stocks from the Utility – Electric Power sector have probably already heard of Xcel Energy (XEL) and CenterPoint Energy (CNP). But which of these two companies is the best option for those looking for undervalued stocks?
CNP’s Market Performance
Centerpoint Energy Inc (CNP) has experienced a 4.59% rise in stock performance for the past week, with a 4.26% rise in the past month, and a 9.54% rise in the past quarter. The volatility ratio for the week is 2.01%, and the volatility levels for the past 30 days are at 2.13% for CNP. The simple moving average for the past 20 days is 3.62% for CNP’s stock, with a 11.73% simple moving average for the past 200 days.
Analysts’ Opinion of CNP
Many brokerage firms have already submitted their reports for CNP stocks, with Ladenburg Thalmann repeating the rating for CNP by listing it as a “Buy.” The predicted price for CNP in the upcoming period, according to Ladenburg Thalmann is $34.50 based on the research report published on December 12, 2024 of the previous year 2024.
UBS, on the other hand, stated in their research note that they expect to see CNP reach a price target of $37, previously predicting the price at $31. The rating they have provided for CNP stocks is “Buy” according to the report published on December 03rd, 2024.
BofA Securities gave a rating of “Neutral” to CNP, setting the target price at $29 in the report published on September 12th of the previous year.
CNP Trading at 4.62% 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 able to rebound, for now settling with 0.18% of gains for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.01%, as shares surge +5.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.88% upper at present.
During the last 5 trading sessions, CNP rose by +4.59%, which changed the moving average for the period of 200-days by +17.44% in comparison to the 20-day moving average, which settled at $31.90. In addition, Centerpoint Energy Inc saw 4.19% 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 CNP starting from Smitherman Barry T, who proposed sale 21,203 shares at the price of $32.00 back on Jan 10 ’25. After this action, Smitherman Barry T now owns shares of Centerpoint Energy Inc, valued at $678,496 using the latest closing price.
Smitherman Barry T, the Director of Centerpoint Energy Inc, sale 5,670 shares at $29.42 during a trade that took place back on May 03 ’24, which means that Smitherman Barry T is holding 21,203 shares at $166,811 based on the most recent closing price.
Stock Fundamentals for CNP
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.36 for the gross margin
The net margin for Centerpoint Energy Inc stands at 0.11. The total capital return value is set at 0.05. Equity return is now at value 9.57, with 2.35 for asset returns.
Based on Centerpoint Energy Inc (CNP), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.89. The interest coverage ratio of the stock is 2.24.
Currently, EBITDA for the company is 3.19 billion with net debt to EBITDA at 6.04. When we switch over and look at the enterprise to sales, we see a ratio of 4.82. The receivables turnover for the company is 7.09for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
In a nutshell, Centerpoint Energy Inc (CNP) 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.
