A new trading day began on Monday, with Centerpoint Energy Inc (NYSE: CNP) stock price down -1.18% from the previous day of trading, before settling in for the closing price of $32.21. CNP’s price has ranged from $25.41 to $33.00 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
Utilities Sector giant saw their annual sales slid by -2.29% over the last five years. Meanwhile, its annual earnings per share averaged 7.86%. With a float of $649.08 million, this company’s outstanding shares have now reached $651.72 million.
The firm has a total of 12328 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.75%, operating margin of 21.35%, and the pretax margin is 12.27%.
Centerpoint Energy Inc (CNP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Centerpoint Energy Inc is 0.41%, while institutional ownership is 93.42%. The most recent insider transaction that took place on May 03 ’24, was worth 166,811. In this transaction Director of this company sold 5,670 shares at a rate of $29.42, taking the stock ownership to the 21,203 shares.
Centerpoint Energy Inc (CNP) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.70% during the next five years compared to 13.22% growth over the previous five years of trading.
Centerpoint Energy Inc (NYSE: CNP) Trading Performance Indicators
Here are Centerpoint Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.51, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Centerpoint Energy Inc (CNP)
Analysing the last 5-days average volume posted by the [Centerpoint Energy Inc, CNP], we can find that recorded value of 2.71 million was lower than the volume posted last year of 5.28 million. As of the previous 9 days, the stock’s Stochastic %D was 58.76%. Additionally, its Average True Range was 0.62.
During the past 100 days, Centerpoint Energy Inc’s (CNP) raw stochastic average was set at 84.58%, which indicates a significant increase from 53.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.83% in the past 14 days, which was lower than the 18.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.01, while its 200-day Moving Average is $29.35. Now, the first resistance to watch is $32.08. This is followed by the second major resistance level at $32.34. The third major resistance level sits at $32.59. If the price goes on to break the first support level at $31.57, it is likely to go to the next support level at $31.32. Now, if the price goes above the second support level, the third support stands at $31.06.
Centerpoint Energy Inc (NYSE: CNP) Key Stats
With a market capitalization of 20.74 billion, the company has a total of 651,727K Shares Outstanding. Currently, annual sales are 8,696 M while annual income is 917,000 K. The company’s previous quarter sales were 1,856 M while its latest quarter income was 193,000 K.
