In the latest session, Constellation Energy Corporation (NASDAQ: CEG) closed at $169.99 up 0.91% from its previous closing price of $168.45. In other words, the price has increased by $+1.54 from its previous closing price. On the day, 4553965 shares were traded. CEG stock price reached its highest trading level at $170.31 during the session, while it also had its lowest trading level at $165.15.
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 53.83B and an Enterprise Value of 62.73B. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.95, and their Forward P/E ratio for the next fiscal year is 22.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 4.93. Its current Enterprise Value per Revenue stands at 2.52 whereas that against EBITDA is 13.17.
Stock Price History:
Over the past 52 weeks, CEG has reached a high of $171.31, while it has fallen to a 52-week low of $71.16. The 50-Day Moving Average of the stock is 125.47, while the 200-Day Moving Average is calculated to be 110.01.
Shares Statistics:
For the past three months, CEG has traded an average of 1.94M shares per day and 3.17M over the past ten days. A total of 317.00M shares are outstanding, with a floating share count of 316.58M. Insiders hold about 0.13% of the company’s shares, while institutions hold 83.24% stake in the company. Shares short for CEG as of Feb 15, 2024 were 5.17M with a Short Ratio of 2.67, compared to 5.05M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.62% and a Short% of Float of 1.84%.
Dividends & Splits
According to the company, the forward annual dividend rate for CEG is 0.85, from 1.13 in the trailing year. Against a Trailing Annual Dividend Yield of 0.67%, it implies a Forward Annual Dividend Yield of 0.83%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.42 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 $1.61, with high estimates of $2.02 and low estimates of $0.99.
Analysts are recommending an EPS of between $7.78 and $5.98 for the fiscal current year, implying an average EPS of $6.9. EPS for the following year is $7.29, with 10 analysts recommending between $8.4 and $5.47.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $6.75B this quarter.It ranges from a high estimate of $8.4B to a low estimate of $4.75B. As of the current estimate, Constellation Energy Corporation’s year-ago sales were $7.57B, an estimated decrease of -10.70% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for CEG’s current fiscal year. The highest revenue estimate was $26.7B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $19.6B. In the same quarter a year ago, actual revenue was $24.92B, down -21.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $20.12B in the next fiscal year. The high estimate is $26.54B and the low estimate is $1.82B. The average revenue growth estimate for next year is up 2.70% from the average revenue estimate for this year.
