Constellation Energy Corporation (CEG) concluded trading on Thursday at a closing price of $271.20, with 3.19 million shares of worth about $864.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.50% during that period and on October 17, 2024 the price saw a loss of about -3.07%. Currently the company’s common shares owned by public are about 317.00M shares, out of which, 312.12M shares are available for trading.
Stock saw a price change of 3.39% in past 5 days and over the past one month there was a price change of 35.38%. Year-to-date (YTD), CEG shares are showing a performance of 132.01% which increased to 131.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $109.44 but also hit the highest price of $288.75 during that period. The average intraday trading volume for Constellation Energy Corporation shares is 3.67 million. The stock is currently trading 1.69% above its 20-day simple moving average (SMA20), while that difference is up 22.80% for SMA50 and it goes to 44.08% higher than SMA200.
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Constellation Energy Corporation (NASDAQ: CEG) currently have 317.00M outstanding shares and institutions hold larger chunk of about 82.99% of that.
The stock has a current market capitalization of $84.80B and its 3Y-monthly beta is at 0.77. PE ratio of stock for trailing 12 months is 36.14, while it has posted earnings per share of $7.50 in the same period. Its PEG reads 1.85 and has Quick Ratio of 1.10 while making debt-to-equity ratio of 0.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CEG, volatility over the week remained 4.87% while standing at 4.82% over the month.
Stock’s fiscal year EPS is expected to rise by 44.91% while it is estimated to increase by 11.26% in next year. EPS is likely to shrink at an annualized rate of 19.55% for next 5-years, compared to annual growth of 34.63% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on Oct-18-24 offering an Overweight rating for the stock and assigned a target price of $342 to it. Coverage by Citigroup stated Constellation Energy Corporation (CEG) stock as a Neutral in their note to investors on October 15, 2024, suggesting a price target of $284 for the stock. On September 13, 2024, Jefferies Initiated their recommendations, while on August 08, 2024, Barclays Initiated their ratings for the stock with a price target of $211. Stock get a Buy rating from Argus on July 19, 2024.
