Constellation Energy Corporation (CEG) concluded trading on Wednesday at a closing price of $218.05, with 3.04 million shares of worth about $662.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.44% during that period and on Wednesday the price saw a gain of about 3.41%. Currently the company’s common shares owned by public are about 313.00M shares, out of which, 312.33M shares are available for trading.
Stock saw a price change of 1.25% in past 5 days and over the past one month there was a price change of -33.03%. Year-to-date (YTD), CEG shares are showing a performance of -2.53% which increased to 31.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $155.60 but also hit the highest price of $352.00 during that period. The average intraday trading volume for Constellation Energy Corporation shares is 4.65 million. The stock is currently trading -7.40% below its 20-day simple moving average (SMA20), while that difference is down -21.32% for SMA50 and it goes to -7.76% lower than SMA200.
Constellation Energy Corporation (NASDAQ: CEG) currently have 313.00M outstanding shares and institutions hold larger chunk of about 82.38% of that.
The stock has a current market capitalization of $68.22B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 18.34, while it has posted earnings per share of $11.89 in the same period. Its PEG reads 1.78 and has Quick Ratio of 1.34 while making debt-to-equity ratio of 0.68. 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 4.54% while standing at 6.66% over the month.
Stock’s fiscal year EPS is expected to rise by 6.63% while it is estimated to increase by 12.22% in next year. EPS is likely to shrink at an annualized rate of 10.30% for next 5-years, compared to annual growth of 28.15% 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.
