After finishing at $188.10 in the prior trading day, Constellation Energy Corporation (NASDAQ: CEG) closed at $191.08, up 1.58%. In other words, the price has increased by $+2.98 from its previous closing price. On the day, 3848606 shares were traded. CEG stock price reached its highest trading level at $193.83 during the session, while it also had its lowest trading level at $182.50.
Ratios:
Our goal is to gain a better understanding of CEG by taking a closer look at 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 59.27B and an Enterprise Value of 68.17B. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.17, and their Forward P/E ratio for the next fiscal year is 23.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 5.54. Its current Enterprise Value per Revenue stands at 2.74 whereas that against EBITDA is 14.32.
Stock Price History:
Over the past 52 weeks, CEG has reached a high of $198.83, while it has fallen to a 52-week low of $74.17. The 50-Day Moving Average of the stock is 158.04, while the 200-Day Moving Average is calculated to be 121.87.
Shares Statistics:
The stock has traded on average 2.34M shares per day over the past 3-months and 2.68M shares per day over the last 10 days, according to various share statistics. A total of 317.00M shares are outstanding, with a floating share count of 314.46M. Insiders hold about 0.21% of the company’s shares, while institutions hold 83.77% stake in the company. Shares short for CEG as of Mar 15, 2024 were 5.61M with a Short Ratio of 1.97, compared to 5.17M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.78% and a Short% of Float of 2.02%.
Dividends & Splits
In the trailing 12 months, CEG’s forward annual dividend rate was 1.13, compared to 1.20 this year. Against a Trailing Annual Dividend Yield of 0.60%, it implies a Forward Annual Dividend Yield of 0.76%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of $1.66 for the current quarter, with a high estimate of $2.31 and a low estimate of $0.88, while EPS last year was $0.29. The consensus estimate for the next quarter is $1.6, with high estimates of $2.02 and low estimates of $1.1.
Analysts are recommending an EPS of between $7.78 and $5.99 for the fiscal current year, implying an average EPS of $7.41. EPS for the following year is $7.82, with 10 analysts recommending between $8.4 and $6.37.
Revenue Estimates
3 analysts predict $7.82B in revenue for the current quarter. It ranges from a high estimate of $8.4B to a low estimate of $7.1B. As of the current estimate, Constellation Energy Corporation’s year-ago sales were $7.57B, an estimated increase of 3.40% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for CEG’s current fiscal year. The highest revenue estimate was $26.53B, while the lowest revenue estimate was $22.45B, resulting in an average revenue estimate of $25.02B. In the same quarter a year ago, actual revenue was $24.92B, up 0.40% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $26.51B in the next fiscal year. The high estimate is $26.69B and the low estimate is $26.33B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
