On Monday, CMS Energy Corporation (NYSE: CMS) opened higher 0.11% from the last session, before settling in for the closing price of $71.14. Price fluctuations for CMS have ranged from $50.70 to $71.57 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 2.33%. Company’s average yearly earnings per share was noted 7.21% at the time writing. With a float of $296.93 million, this company’s outstanding shares have now reached $298.73 million.
Considering the fact that the conglomerate employs 8356 people, you should pay attention to its efficiency factor.
CMS Energy Corporation (CMS) Insider Activity
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 0.60%, while institutional ownership is 93.99%. The most recent insider transaction that took place on Sep 04 ’24, was worth 137,709. In this transaction Senior Vice President of this company sold 2,000 shares at a rate of $68.85, taking the stock ownership to the 66,771 shares. Before that another transaction happened on Sep 04 ’24, when Company’s Officer proposed sale 2,000 for $68.91, making the entire transaction worth $137,820.
CMS Energy Corporation (CMS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% 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
Check out the current performance indicators for CMS Energy Corporation (CMS). In the past quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.25, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.59 in one year’s time.
Technical Analysis of CMS Energy Corporation (CMS)
Compared to the last year’s volume of 2.31 million, its volume of 2.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.94%. Additionally, its Average True Range was 0.95.
During the past 100 days, CMS Energy Corporation’s (CMS) raw stochastic average was set at 97.32%, which indicates a significant increase from 87.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.28% in the past 14 days, which was lower than the 15.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.90, while its 200-day Moving Average is $61.47. Nevertheless, the first resistance level for the watch stands at $71.65 in the near term. At $72.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.87. If the price goes on to break the first support level at $70.43, it is likely to go to the next support level at $69.65. Should the price break the second support level, the third support level stands at $69.21.
CMS Energy Corporation (NYSE: CMS) Key Stats
There are currently 298,635K shares outstanding in the company with a market cap of 21.28 billion. Presently, the company’s annual sales total 7,462 M according to its annual income of 887,000 K. Last quarter, the company’s sales amounted to 1,607 M and its income totaled 198,000 K.
