Is this a Prime Time To acquire Constellation Energy Corporation (CEG) stock

In the latest session, Constellation Energy Corporation (NASDAQ: CEG) closed at $184.89 down -0.28% from its previous closing price of $185.41. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 2450867 shares were traded.

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Ratios:

For a deeper understanding of Constellation Energy Corporation’s stock, let’s take a closer look at its various 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 58.28B and an Enterprise Value of 67.17B. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.93, and their Forward P/E ratio for the next fiscal year is 23.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 5.36. Its current Enterprise Value per Revenue stands at 2.70 whereas that against EBITDA is 14.11.

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 $73.44. The 50-Day Moving Average of the stock is 146.55, while the 200-Day Moving Average is calculated to be 118.04.

Shares Statistics:

For the past three months, CEG has traded an average of 2.15M shares per day and 2.75M over the past ten days. A total of 317.00M shares are outstanding, with a floating share count of 316.29M. Insiders hold about 0.23% of the company’s shares, while institutions hold 83.27% stake in the company. Shares short for CEG as of Feb 29, 2024 were 5.55M with a Short Ratio of 2.61, 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

According to the company, the forward annual dividend rate for CEG is 1.20, from 1.13 in the trailing year. Against a Trailing Annual Dividend Yield of 0.61%, it implies a Forward Annual Dividend Yield of 0.76%.

Earnings Estimates

There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.82 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 $1.55, 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 $7.44. EPS for the following year is $7.82, with 10 analysts recommending between $8.4 and $6.37.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $8.18B this quarter.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 2 analysts have provided revenue estimates for CEG’s current fiscal year. The highest revenue estimate was $26.53B, while the lowest revenue estimate was $26.09B, resulting in an average revenue estimate of $26.31B. In the same quarter a year ago, actual revenue was $24.92B, up 5.60% 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 0.80% from the average revenue estimate for this year.

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