Centerpoint Energy Inc (CNP) concluded trading on Thursday at a closing price of $31.99, with 3.77 million shares of worth about $120.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.75% during that period and on December 05, 2024 the price saw a loss of about -0.96%. Currently the company’s common shares owned by public are about 651.72M shares, out of which, 649.08M shares are available for trading.
Stock saw a price change of -2.05% in past 5 days and over the past one month there was a price change of 8.26%. Year-to-date (YTD), CNP shares are showing a performance of 11.97% which increased to 12.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.41 but also hit the highest price of $33.00 during that period. The average intraday trading volume for Centerpoint Energy Inc shares is 5.36 million. The stock is currently trading 1.88% above its 20-day simple moving average (SMA20), while that difference is up 5.47% for SMA50 and it goes to 10.19% higher than SMA200.
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Centerpoint Energy Inc (NYSE: CNP) currently have 651.72M outstanding shares and institutions hold larger chunk of about 93.39% of that.
The stock has a current market capitalization of $20.85B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 21.20, while it has posted earnings per share of $1.51 in the same period. Its PEG reads 2.84 and has Quick Ratio of 0.92 while making debt-to-equity ratio of 1.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNP, volatility over the week remained 1.87% while standing at 2.12% over the month.
Stock’s fiscal year EPS is expected to rise by 7.82% while it is estimated to increase by 7.83% in next year. EPS is likely to shrink at an annualized rate of 7.47% for next 5-years, compared to annual growth of 13.22% 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 UBS on December 03, 2024 offering a Buy rating for the stock and assigned a target price range of between $31 and $37 to it. Coverage by BofA Securities stated Centerpoint Energy Inc (CNP) stock as a Neutral in their note to investors on September 12, 2024, suggesting a price target of $29 for the stock. Stock get a Neutral rating from JP Morgan on August 02, 2024.
