Constellation Energy Corporation (CEG) concluded trading on Thursday at a closing price of $346.22, with 4.84 million shares of worth about $1.68 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 82.35% during that period and on January 23, 2025 the price saw a gain of about 4.14%. 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 15.11% in past 5 days and over the past one month there was a price change of 53.76%. Year-to-date (YTD), CEG shares are showing a performance of 54.76% which increased to 195.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $115.34 but also hit the highest price of $336.45 during that period. The average intraday trading volume for Constellation Energy Corporation shares is 3.42 million. The stock is currently trading 27.52% above its 20-day simple moving average (SMA20), while that difference is up 36.98% for SMA50 and it goes to 55.07% higher than SMA200.
Constellation Energy Corporation (NASDAQ: CEG) currently have 312.76M outstanding shares and institutions hold larger chunk of about 83.20% of that.
The stock has a current market capitalization of $108.31B and its 3Y-monthly beta is at 0.89. PE ratio of stock for trailing 12 months is 38.21, while it has posted earnings per share of $9.06 in the same period. Its PEG reads 2.98 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 4.77% while standing at 5.11% over the month.
Analysts are in expectations that Constellation Energy Corporation (CEG) stock would likely to be making an EPS of 2.13 in the current quarter, while forecast for next quarter EPS is 2.33 and it is 9.44 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.96 which is 2.25 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 50.01% while it is estimated to increase by 9.84% 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.
