Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $347.44 in the prior trading day, Constellation Energy Corporation (NASDAQ: CEG) closed at $275.00, down -20.85%. In other words, the price has decreased by -$20.85 from its previous closing price. On the day, 16.03 million shares were traded. CEG stock price reached its highest trading level at $302.67 during the session, while it also had its lowest trading level at $270.44.
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 1.43 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on December 12, 2024, Upgraded its rating to Buy and sets its target price to $269 from $237 previously.
On October 17, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $342.
On October 15, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $284.Citigroup initiated its Neutral rating on October 15, 2024, with a $284 target price.
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 86030450688 and an Enterprise Value of 115657629696. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.35, and their Forward P/E ratio for the next fiscal year is 30.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.94 while its Price-to-Book (P/B) ratio in mrq is 6.84. Its current Enterprise Value per Revenue stands at 4.823 whereas that against EBITDA is 19.286.
Stock Price History:
The Beta on a monthly basis for CEG is 0.93, which has changed by 1.8506727 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, CEG has reached a high of $352.00, while it has fallen to a 52-week low of $117.04. The 50-Day Moving Average of the stock is 7.56%, while the 200-Day Moving Average is calculated to be 22.51%.
Shares Statistics:
The stock has traded on average 3.49M shares per day over the past 3-months and 5539690 shares per day over the last 10 days, according to various share statistics. A total of 312.76M shares are outstanding, with a floating share count of 312.19M. Insiders hold about 0.18% of the company’s shares, while institutions hold 83.16% stake in the company. Shares short for CEG as of 1735603200 were 5798018 with a Short Ratio of 1.66, compared to 1732838400 on 6494375. Therefore, it implies a Short% of Shares Outstanding of 5798018 and a Short% of Float of 2.11.
Dividends & Splits
In the trailing 12 months, CEG’s forward annual dividend rate was 1.34, compared to 1.41 this year. Against a Trailing Annual Dividend Yield of 0.0038567812
