Constellation Energy Corporation’s Market Journey: Closing Strong at 321.83, Up 3.89

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The closing price of Constellation Energy Corporation (NASDAQ: CEG) was $321.83 for the day, up 3.89% from the previous closing price of $309.79. In other words, the price has increased by $3.89 from its previous closing price. On the day, 2.73 million shares were traded. CEG stock price reached its highest trading level at $322.0 during the session, while it also had its lowest trading level at $312.575.

Ratios:

Our analysis of CEG’s different ratios will help us gain a deeper understanding of the company. 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 100680654848 and an Enterprise Value of 107647672320. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.52, and their Forward P/E ratio for the next fiscal year is 34.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.61 while its Price-to-Book (P/B) ratio in mrq is 8.01. Its current Enterprise Value per Revenue stands at 4.489 whereas that against EBITDA is 17.95.

Stock Price History:

The Beta on a monthly basis for CEG is 0.83, which has changed by 1.4219372 over the last 52 weeks, in comparison to a change of 0.21659255 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 $126.73. The 50-Day Moving Average of the stock is 19.39%, while the 200-Day Moving Average is calculated to be 39.70%.

Shares Statistics:

CEG traded an average of 3.82M shares per day over the past three months and 5853430 shares per day over the past ten days. A total of 312.76M shares are outstanding, with a floating share count of 311.87M. Insiders hold about 0.29% of the company’s shares, while institutions hold 84.04% stake in the company. Shares short for CEG as of 1736899200 were 6523634 with a Short Ratio of 1.71, compared to 1734048000 on 5096740. Therefore, it implies a Short% of Shares Outstanding of 6523634 and a Short% of Float of 2.3699999.

Dividends & Splits

With its trailing 12-month dividend rate of 1.34, CEG has a forward annual dividend rate of 1.41. Against a Trailing Annual Dividend Yield of 0.004325511

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