Constellation Energy Corporation (CEG) Stock Volatility: Beta and Market Fluctuations

As of close of business last night, Constellation Energy Corporation’s stock clocked out at $168.37, up 0.27% from its previous closing price of $167.91. In other words, the price has increased by $+0.46 from its previous closing price. On the day, 2616092 shares were traded. CEG stock price reached its highest trading level at $169.06 during the session, while it also had its lowest trading level at $164.20.

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Ratios:

To gain a deeper understanding of CEG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.69.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CEG now has a Market Capitalization of 53.31B and an Enterprise Value of 62.20B. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.63, and their Forward P/E ratio for the next fiscal year is 21.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 4.89. Its current Enterprise Value per Revenue stands at 2.50 whereas that against EBITDA is 13.07.

Stock Price History:

Over the past 52 weeks, CEG has reached a high of $185.58, while it has fallen to a 52-week low of $71.16. The 50-Day Moving Average of the stock is 133.38, while the 200-Day Moving Average is calculated to be 113.24.

Shares Statistics:

It appears that CEG traded 2.02M shares on average per day over the past three months and 3.79M shares per day over the past ten days. A total of 317.00M shares are outstanding, with a floating share count of 316.58M. Insiders hold about 0.13% of the company’s shares, while institutions hold 83.24% stake in the company. Shares short for CEG as of Feb 29, 2024 were 5.55M with a Short Ratio of 2.74, compared to 4.8M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.75% and a Short% of Float of 2.00%.

Dividends & Splits

With its trailing 12-month dividend rate of 1.13, CEG has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.67%, it implies a Forward Annual Dividend Yield of 0.84%.

Earnings Estimates

As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.66 for the current quarter, with a high estimate of $2.31 and a low estimate of $0.94, while EPS last year was $0.29. The consensus estimate for the next quarter is $1.5, with high estimates of $2.02 and low estimates of $0.99.

Analysts are recommending an EPS of between $7.78 and $6.53 for the fiscal current year, implying an average EPS of $7.47. EPS for the following year is $8.05, with 8 analysts recommending between $8.4 and $7.25.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $8.18B. It ranges from a high estimate of $8.4B to a low estimate of $7.96B. As of the current estimate, Constellation Energy Corporation’s year-ago sales were $7.57B, an estimated increase of 8.20% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for CEG’s current fiscal year. The highest revenue estimate was $26.53B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $18.93B. In the same quarter a year ago, actual revenue was $24.92B, down -24.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $19.14B in the next fiscal year. The high estimate is $26.69B and the low estimate is $1.82B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.

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