CMS Energy Corporation (CMS) with a beta value of 0.39 appears to be a promising investment opportunity.

CMS Energy Corporation (NYSE: CMS) on Monday, plunged -0.62% from the previous trading day, before settling in for the closing price of $59.65. Within the past 52 weeks, CMS’s price has moved between $49.87 and $63.76.

Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 2.33%. The company achieved an average annual earnings per share of 7.17%. With a float of $296.88 million, this company’s outstanding shares have now reached $298.63 million.

Considering the fact that the conglomerate employs 8356 people, you should pay attention to its efficiency factor.

CMS Energy Corporation (CMS) Breakdown of a Key Holders of the stock

Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of CMS Energy Corporation is 0.59%, while institutional ownership is 94.23%. The most recent insider transaction that took place on Jun 13 ’24, was worth 99,993. In this transaction Senior Vice President of this company sold 1,667 shares at a rate of $59.98, taking the stock ownership to the 68,330 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Director sold 2,360 for $60.79, making the entire transaction worth $143,458. This insider now owns 14,556 shares in total.

CMS Energy Corporation (CMS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 7.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.60% during the next five years compared to 5.32% growth over the previous five years of trading.

CMS Energy Corporation (NYSE: CMS) Trading Performance Indicators

CMS Energy Corporation (CMS) is currently performing well based on its current performance indicators. A quick ratio of 1.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.26, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 3.60 in one year’s time.

Technical Analysis of CMS Energy Corporation (CMS)

Compared to the last year’s volume of 2.44 million, its volume of 3.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.11%. Additionally, its Average True Range was 0.95.

During the past 100 days, CMS Energy Corporation’s (CMS) raw stochastic average was set at 48.60%, which indicates a significant increase from 8.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.84% in the past 14 days, which was lower than the 16.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $60.78, while its 200-day Moving Average is $57.80. Nevertheless, the first resistance level for the watch stands at $59.69 in the near term. At $60.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $60.50. If the price goes on to break the first support level at $58.87, it is likely to go to the next support level at $58.47. Now, if the price goes above the second support level, the third support stands at $58.06.

CMS Energy Corporation (NYSE: CMS) Key Stats

Market capitalization of the company is 17.70 billion based on 298,064K outstanding shares. Right now, sales total 7,462 M and income totals 887,000 K. The company made 2,176 M in profit during its latest quarter, and 287,000 K in sales during its previous quarter.