Witnessing the stock’s movement on the chart, on Thursday, CMS Energy Corporation (NYSE: CMS) had a quiet start as it plunged -0.45% to $57.88, before settling in for the price of $58.14 at the close. Taking a more long-term approach, CMS posted a 52-week range of $49.87-$63.76.
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The Utilities sector firm’s twelve-monthly sales growth has been 2.33% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 5.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.32%. This publicly-traded company’s shares outstanding now amounts to $298.62 million, simultaneously with a float of $296.86 million. The organization now has a market capitalization sitting at $17.28 billion. At the time of writing, stock’s 50-day Moving Average stood at $58.23, while the 200-day Moving Average is $57.35.
CMS Energy Corporation (CMS) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Regulated Electric industry. CMS Energy Corporation’s current insider ownership accounts for 0.59%, in contrast to 95.27% institutional ownership. According to the most recent insider trade that took place on Feb 23 ’24, this organization’s Senior Vice President sold 3,500 shares at the rate of 57.78, making the entire transaction reach 202,240 in total value, affecting insider ownership by 68,971. Preceding that transaction, on Dec 07 ’23, Company’s Senior Vice President sold 1,000 for 57.90, making the whole transaction’s value amount to 57,900. This particular insider is now the holder of 61,156 in total.
CMS Energy Corporation (CMS) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.05 earnings per share (EPS) for the period topping the consensus outlook (set at $1.05) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.
CMS Energy Corporation’s EPS increase for this current 12-month fiscal period is 7.32% and is forecasted to reach 3.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.80% through the next 5 years, which can be compared against the 5.32% growth it accomplished over the previous five years trading on the market.
CMS Energy Corporation (NYSE: CMS) Trading Performance Indicators
Let’s observe the current performance indicators for CMS Energy Corporation (CMS). It’s Quick Ratio in the last reported quarter now stands at 0.66. The Stock has managed to achieve an average true range (ATR) of 0.96. Alongside those numbers, its PE Ratio stands at $19.30, and its Beta score is 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.32.
In the same vein, CMS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.00, a figure that is expected to reach 1.06 in the next quarter, and analysts are predicting that it will be 3.60 at the market close of one year from today.
Technical Analysis of CMS Energy Corporation (CMS)
Going through the that latest performance of [CMS Energy Corporation, CMS]. Its last 5-days volume of 2.14 million was inferior to the volume of 2.46 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 19.39% While, its Average True Range was 0.95.
Raw Stochastic average of CMS Energy Corporation (CMS) in the period of the previous 100 days is set at 48.18%, which indicates a major rise in contrast to 7.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.52% that was lower than 17.96% volatility it exhibited in the past 100-days period.
