Financial Snapshot: Analyzing CMS Energy Corporation (CMS)’s Key Ratio Metrics

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The closing price of CMS Energy Corporation (NYSE: CMS) was $58.85 for the day, down -0.20% from the previous closing price of $58.97. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.9 million shares were traded. CMS stock price reached its highest trading level at $59.5 during the session, while it also had its lowest trading level at $58.78.

Ratios:

Our analysis of CMS’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 17580642304 and an Enterprise Value of 33368668160. As of this moment, CMS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.03, and their Forward P/E ratio for the next fiscal year is 16.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 4.537 whereas that against EBITDA is 12.924.

Stock Price History:

The Beta on a monthly basis for CMS is 0.38, which has changed by -0.019323647 over the last 52 weeks, in comparison to a change of 0.25510752 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 -3.56%, while the 200-Day Moving Average is calculated to be 1.51%.

Shares Statistics:

CMS traded an average of 2.44M shares per day over the past three months and 2257150 shares per day over the past ten days. A total of 298.63M shares are outstanding, with a floating share count of 296.88M. Insiders hold about 0.59% of the company’s shares, while institutions hold 94.26% stake in the company. Shares short for CMS as of 1718323200 were 9783078 with a Short Ratio of 4.01, compared to 1715731200 on 10161857. Therefore, it implies a Short% of Shares Outstanding of 9783078 and a Short% of Float of 3.7199999999999998.

Dividends & Splits

With its trailing 12-month dividend rate of 1.978, CMS has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 0.03354248The stock’s 5-year Average Dividend Yield is 2.86.

Earnings Estimates

A comprehensive evaluation of CMS Energy Corporation (CMS) is underway, with the input of 9.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.72 and a low estimate of $0.59, while EPS last year was $0.75. The consensus estimate for the next quarter is $0.76, with high estimates of $0.87 and low estimates of $0.65.

Analysts are recommending an EPS of between $3.35 and $3.32 for the fiscal current year, implying an average EPS of $3.34. EPS for the following year is $3.59, with 15.0 analysts recommending between $3.63 and $3.55.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $1.74B to a low estimate of $1.69B. As of the current estimate, CMS Energy Corporation’s year-ago sales were $2.04BFor the next quarter, 2 analysts are estimating revenue of $1.88B. There is a high estimate of $1.92B for the next quarter, whereas the lowest estimate is $1.84B.

A total of 9 analysts have provided revenue estimates for CMS’s current fiscal year. The highest revenue estimate was $8.07B, while the lowest revenue estimate was $7.67B, resulting in an average revenue estimate of $7.9B. In the same quarter a year ago, actual revenue was $7.46BBased on 9 analysts’ estimates, the company’s revenue will be $8.12B in the next fiscal year. The high estimate is $8.38B and the low estimate is $7.82B.

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