CMS Energy Corporation (NYSE: CMS) kicked off on Friday, down -1.88% from the previous trading day, before settling in for the closing price of $69.61. Over the past 52 weeks, CMS has traded in a range of $53.79-$72.40.
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Annual sales at Utilities sector company grew by 2.33% over the past five years. While this was happening, its average annual earnings per share was recorded 7.24%. With a float of $296.98 million, this company’s outstanding shares have now reached $298.79 million.
Let’s look at the performance matrix of the company that is accounted for 8356 employees. In terms of profitability, gross margin is 39.03%, operating margin of 19.64%, and the pretax margin is 15.17%.
CMS Energy Corporation (CMS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of CMS Energy Corporation is 0.61%, while institutional ownership is 93.95%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.24% 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
Take a look at CMS Energy Corporation’s (CMS) current performance indicators. Last quarter, stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.49, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 3.59 in one year’s time.
Technical Analysis of CMS Energy Corporation (CMS)
CMS Energy Corporation (NYSE: CMS) saw its 5-day average volume 1.98 million, a negative change from its year-to-date volume of 2.26 million. As of the previous 9 days, the stock’s Stochastic %D was 14.22%. Additionally, its Average True Range was 1.05.
During the past 100 days, CMS Energy Corporation’s (CMS) raw stochastic average was set at 70.50%, which indicates a significant increase from 5.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.38% in the past 14 days, which was higher than the 15.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.79, while its 200-day Moving Average is $62.69. Nevertheless, the first resistance level for the watch stands at $69.47 in the near term. At $70.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.33. If the price goes on to break the first support level at $67.61, it is likely to go to the next support level at $66.91. The third support level lies at $65.75 if the price breaches the second support level.
CMS Energy Corporation (NYSE: CMS) Key Stats
The company with the Market Capitalisation of 20.02 billion has total of 298,729K Shares Outstanding. Its annual sales at the moment are 7,462 M in contrast with the sum of 887,000 K annual income. Company’s last quarter sales were recorded 1,607 M and last quarter income was 198,000 K.
