CMS Energy Corporation (CMS) concluded trading on Thursday at a closing price of $67.38, with 3.65 million shares of worth about $246.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.81% during that period and on December 05, 2024 the price saw a loss of about -0.18%. Currently the company’s common shares owned by public are about 298.80M shares, out of which, 297.00M shares are available for trading.
Stock saw a price change of -4.41% in past 5 days and over the past one month there was a price change of -2.50%. Year-to-date (YTD), CMS shares are showing a performance of 16.03% which increased to 17.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.10 but also hit the highest price of $72.40 during that period. The average intraday trading volume for CMS Energy Corporation shares is 2.17 million. The stock is currently trading -1.62% below its 20-day simple moving average (SMA20), while that difference is down -3.13% for SMA50 and it goes to 5.24% higher than SMA200.
CMS Energy Corporation (NYSE: CMS) currently have 298.80M outstanding shares and institutions hold larger chunk of about 96.30% of that.
The stock has a current market capitalization of $20.13B and its 3Y-monthly beta is at 0.41. PE ratio of stock for trailing 12 months is 19.30, while it has posted earnings per share of $3.49 in the same period. Its PEG reads 2.57 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 1.99. 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 1.58% while standing at 1.66% over the month.
Stock’s fiscal year EPS is expected to rise by 7.23% while it is estimated to increase by 7.58% in next year. EPS is likely to grow at an annualized rate of 7.50% for next 5-years, compared to annual growth of 5.32% 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 Jefferies on November 05, 2024 offering a Buy rating for the stock and assigned a target price of $76 to it. Coverage by Mizuho stated CMS Energy Corporation (CMS) stock as a Neutral in their note to investors on October 15, 2024, suggesting a price target of $72 for the stock. On April 04, 2024, UBS Downgrade their recommendations, while on February 02, 2024, Guggenheim Upgrade their ratings for the stock with a price target of $64. Stock get an Outperform rating from Wolfe Research on January 16, 2024.
