CMS Energy Corporation (CMS) concluded trading on Thursday at a closing price of $59.27, with 4.72 million shares of worth about $279.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.27% during that period and on April 4, 2024 the price saw a loss of about -0.08%. Currently the company’s common shares owned by public are about 298.62M shares, out of which, 296.84M shares are available for trading.
However, the stock later moved at a day high price of 59.53, or with a loss of -0.08%. Stock saw a price change of -1.08% in past 5 days and over the past one month there was a price change of -0.05%. Year-to-date (YTD), CMS shares are showing a performance of 2.07% which decreased to -2.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.87 but also hit the highest price of $63.76 during that period. The average intraday trading volume for CMS Energy Corporation shares is 2.47 million. The stock is currently trading 0.02% above its 20-day simple moving average (SMA20), while that difference is up 2.23% for SMA50 and it goes to 3.29% higher than SMA200.
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CMS Energy Corporation (NYSE: CMS) currently have 298.62M outstanding shares and institutions hold larger chunk of about 95.24% of that.
The stock has a current market capitalization of $17.70B and its 3Y-monthly beta is at 0.38. PE ratio of stock for trailing 12 months is 19.76, while it has posted earnings per share of $3.00 in the same period. Its PEG reads 2.53 and has Quick Ratio of 0.66 while making debt-to-equity ratio of 2.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CMS, volatility over the week remained 1.47% while standing at 1.55% over the month.
Analysts are in expectations that CMS Energy Corporation (CMS) stock would likely to be making an EPS of $1.12 in the current quarter, while forecast for next quarter EPS is $0.57 and it is $3.6 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.53 which is $1.42 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.7 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.32% while it is estimated to increase by 7.89% in next year. EPS is likely to grow at an annualized rate of 7.80% for next 5-years, compared to annual growth of 5.32% made by the stock over the past 5-years.
Coverage by Guggenheim stated CMS Energy Corporation (CMS) stock as a Buy in their note to investors on February 02, 2024, suggesting a price target of $64 for the stock. Stock get an Overweight rating from KeyBanc Capital Markets on October 05, 2023.
