On Monday, Constellation Energy Corporation (NASDAQ: CEG) opened lower -5.43% from the last session, before settling in for the closing price of $253.63. Price fluctuations for CEG have ranged from $109.44 to $288.75 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Utilities Sector giant was 1.62%. Company’s average yearly earnings per share was noted 47.47% at the time writing. With a float of $310.83 million, this company’s outstanding shares have now reached $312.76 million.
Let’s determine the extent of company efficiency that accounts for 13833 employees. In terms of profitability, gross margin is 22.53%, operating margin of 18.83%, and the pretax margin is 16.66%.
Constellation Energy Corporation (CEG) Insider Activity
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Constellation Energy Corporation is 0.62%, while institutional ownership is 82.27%.
Constellation Energy Corporation (CEG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.80% during the next five years compared to 34.63% growth over the previous five years of trading.
Constellation Energy Corporation (NASDAQ: CEG) Trading Performance Indicators
Check out the current performance indicators for Constellation Energy Corporation (CEG). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.06, a number that is poised to hit 1.96 in the next quarter and is forecasted to reach 8.95 in one year’s time.
Technical Analysis of Constellation Energy Corporation (CEG)
Looking closely at Constellation Energy Corporation (NASDAQ: CEG), its last 5-days average volume was 2.24 million, which is a drop from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 36.58%. Additionally, its Average True Range was 10.72.
During the past 100 days, Constellation Energy Corporation’s (CEG) raw stochastic average was set at 63.27%, which indicates a significant increase from 33.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.65% in the past 14 days, which was lower than the 61.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $255.14, while its 200-day Moving Average is $210.96. However, in the short run, Constellation Energy Corporation’s stock first resistance to watch stands at $250.46. Second resistance stands at $261.06. The third major resistance level sits at $268.13. If the price goes on to break the first support level at $232.79, it is likely to go to the next support level at $225.72. Should the price break the second support level, the third support level stands at $215.12.
Constellation Energy Corporation (NASDAQ: CEG) Key Stats
There are currently 312,767K shares outstanding in the company with a market cap of 74.30 billion. Presently, the company’s annual sales total 24,918 M according to its annual income of 1,623 M. Last quarter, the company’s sales amounted to 6,550 M and its income totaled 1,200 M.
