Currently, there are 312.76M common shares owned by the public and among those 312.20M shares have been available to trade.
The company’s stock has a 5-day price change of 9.30% and 8.51% over the past three months. CEG shares are trading 29.13% year to date (YTD), with the 12-month market performance up to 155.84% higher. It has a 12-month low price of $109.44 and touched a high of $310.00 over the same period. CEG has an average intraday trading volume of 3.22 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 18.25%, 18.77%, and 31.77% respectively.
Institutional ownership of Constellation Energy Corporation (NASDAQ: CEG) shares accounts for 82.86% of the company’s 312.76M shares outstanding.
It has a market capitalization of $90.35B and a beta (3y monthly) value of 0.73. The stock’s trailing 12-month PE ratio is 31.88, while the earnings-per-share (ttm) stands at $9.06. The company has a PEG of 2.49 and a Quick Ratio of 1.43 with the debt-to-equity ratio at 0.67. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.33% over the week and 4.87% over the month.
Analysts forecast that Constellation Energy Corporation (CEG) will achieve an EPS of 2.13 for the current quarter, 2.18 for the next quarter and 9.42 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.96 while analysts give the company a high EPS estimate of 1.96. Comparatively, EPS for the current quarter was -0.11 a year ago. Earnings per share for the fiscal year are expected to increase by 50.20%, and 10.00% over the next financial year. EPS should shrink at an annualized rate of 12.80% over the next five years, compared to 34.63% over the past 5-year period.
Looking at the support for the CEG, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on December 12, 2024, with the firm’s price target at $237-$269. JP Morgan coverage for the Constellation Energy Corporation (CEG) stock in a research note released on October 17, 2024 offered a Overweight rating with a price target of $342. Citigroup was of a view on October 15, 2024 that the stock is Neutral, while Jefferies gave the stock Hold rating on September 13, 2024, issuing a price target of $186. Barclays on their part issued Overweight rating on August 08, 2024.
