Constellation Energy Corporation (CEG) concluded trading on Wednesday at a closing price of $243.84, with 8.41 million shares of worth about $2.05 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.06% during that period and on January 08, 2025 the price saw a loss of about -4.61%. Currently the company’s common shares owned by public are about 312.76M shares, out of which, 312.20M shares are available for trading.
Stock saw a price change of 9.00% in past 5 days and over the past one month there was a price change of -3.86%. Year-to-date (YTD), CEG shares are showing a performance of 9.00% which increased to 108.36% 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 2.93 million. The stock is currently trading 3.31% above its 20-day simple moving average (SMA20), while that difference is up 0.92% for SMA50 and it goes to 12.04% higher than SMA200.
Constellation Energy Corporation (NASDAQ: CEG) currently have 312.76M outstanding shares and institutions hold larger chunk of about 82.85% of that.
The stock has a current market capitalization of $76.27B and its 3Y-monthly beta is at 0.77. PE ratio of stock for trailing 12 months is 26.91, while it has posted earnings per share of $9.06 in the same period. Its PEG reads 2.10 and has Quick Ratio of 1.43 while making debt-to-equity ratio of 0.67. 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 7.48% while standing at 4.46% over the month.
Stock’s fiscal year EPS is expected to rise by 48.65% while it is estimated to increase by 9.95% in next year. EPS is likely to shrink at an annualized rate of 12.80% 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 BofA Securities on December 12, 2024 offering a Buy rating for the stock and assigned a target price range of between $237 and $269 to it. Coverage by JP Morgan stated Constellation Energy Corporation (CEG) stock as an Overweight in their note to investors on October 17, 2024, suggesting a price target of $342 for the stock. On October 15, 2024, Citigroup Initiated their recommendations, while on September 13, 2024, Jefferies Initiated their ratings for the stock with a price target of $186. Stock get an Overweight rating from Barclays on August 08, 2024.
