Recent developments with CMS Energy Corporation (CMS) have led to the company’s beta value being reach 0.34 cents.

On January 23, 2023, CMS Energy Corporation (NYSE: CMS) opened at $61.80, lower -0.48% from the last session. During the day, the shares moved up to $62.49 and dropped to $61.48 before settling in for the closing price of $62.01. Price fluctuations for CMS have ranged from $52.41 to $73.76 over the past 52 weeks.

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A company in the Utilities sector has jumped its sales by 2.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted 4.00% at the time writing. With a float of $288.35 million, this company’s outstanding shares have now reached $289.60 million.

In an organization with 8504 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +20.94, operating margin of +15.64, and the pretax margin is +11.23.

CMS Energy Corporation (CMS) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of CMS Energy Corporation is 0.39%, while institutional ownership is 94.00%. The most recent insider transaction that took place on Nov 28, was worth 25,538. In this transaction SVP and General Counsel of this company sold 420 shares at a rate of $60.80, taking the stock ownership to the 44,425 shares. Before that another transaction happened on Nov 01, when Company’s VP, Controller, CAO sold 6,096 for $57.37, making the entire transaction worth $349,724. This insider now owns 16,811 shares in total.

CMS Energy Corporation (CMS) Latest Financial update

If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0.56 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.55) by $0.01. This company achieved a net margin of +10.25 while generating a return on equity of 12.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.17% during the next five years compared to 4.00% growth over the previous five years of trading.

CMS Energy Corporation (NYSE: CMS) Trading Performance Indicators

Check out the current performance indicators for CMS Energy Corporation (CMS). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.49, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 3.11 in one year’s time.

Technical Analysis of CMS Energy Corporation (CMS)

Let’s dig in a bit further. During the last 5-days, its volume was 1.83 million. That was better than the volume of 1.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.17%. Additionally, its Average True Range was 1.29.

During the past 100 days, CMS Energy Corporation’s (CMS) raw stochastic average was set at 51.52%, which indicates a significant increase from 25.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.87% in the past 14 days, which was lower than the 26.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $61.89, while its 200-day Moving Average is $64.94. However, in the short run, CMS Energy Corporation’s stock first resistance to watch stands at $62.31. Second resistance stands at $62.90. The third major resistance level sits at $63.32. If the price goes on to break the first support level at $61.30, it is likely to go to the next support level at $60.88. The third support level lies at $60.29 if the price breaches the second support level.

CMS Energy Corporation (NYSE: CMS) Key Stats

There are currently 290,252K shares outstanding in the company with a market cap of 17.65 billion. Presently, the company’s annual sales total 7,329 M according to its annual income of 1,353 M. Last quarter, the company’s sales amounted to 2,024 M and its income totaled 165,000 K.


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