Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
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 price of CMS Energy Corporation (NYSE: CMS) closed at $62.47 in the last session, up 1.74% from day before closing price of $61.40. In other words, the price has increased by $1.74 from its previous closing price. On the day, 2.27 million shares were traded. CMS stock price reached its highest trading level at $62.57 during the session, while it also had its lowest trading level at $61.42.
Ratios:
We take a closer look at CMS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 1.99 whereas as Long-Term Debt/Eq ratio is at 1.89.
On February 02, 2024, Guggenheim Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $60 to $64.
Wolfe Research Upgraded its Peer Perform to Outperform on January 16, 2024, while the target price for the stock was maintained at $62.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 13 ’24 when Hofmeister Brandon J. sold 1,667 shares for $59.98 per share. The transaction valued at 99,993 led to the insider holds 68,330 shares of the business.
BARFIELD JON E sold 2,360 shares of CMS for $143,458 on Jun 07 ’24. The Director now owns 14,556 shares after completing the transaction at $60.79 per share. On May 02 ’24, another insider, Rich Brian F, who serves as the Senior Vice President of the company, sold 2,000 shares for $61.10 each. As a result, the insider received 122,207 and left with 97,682 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMS now has a Market Capitalization of 18655729664 and an Enterprise Value of 34443755520. As of this moment, CMS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.13, and their Forward P/E ratio for the next fiscal year is 17.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 4.684 whereas that against EBITDA is 13.34.
Stock Price History:
The Beta on a monthly basis for CMS is 0.38, which has changed by 0.014123321 over the last 52 weeks, in comparison to a change of 0.19608545 over the same period for the S&P500. Over the past 52 weeks, CMS has reached a high of $63.76, while it has fallen to a 52-week low of $49.87. The 50-Day Moving Average of the stock is 2.66%, while the 200-Day Moving Average is calculated to be 7.00%.
Shares Statistics:
According to the various share statistics, CMS traded on average about 2.29M shares per day over the past 3-months and 1837510 shares per day over the past 10 days. A total of 298.63M shares are outstanding, with a floating share count of 296.81M. Insiders hold about 0.61% of the company’s shares, while institutions hold 96.66% stake in the company. Shares short for CMS as of 1719532800 were 8466990 with a Short Ratio of 3.70, compared to 1717113600 on 9064073. Therefore, it implies a Short% of Shares Outstanding of 8466990 and a Short% of Float of 3.2199999999999998.
Dividends & Splits
The forward annual dividend rate for CMS is 2.00, which was 1.978 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.032214984The stock’s 5-year Average Dividend Yield is 2.86.
