CMS Energy Corporation (CMS) Stock Up 1.51%: Latest Performance Analysis

Currently, CMS Energy Corporation [CMS] is trading at $72.10, up 1.51%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CMS shares have gain 1.31% over the last week, with a monthly amount glided 2.88%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CMS Energy Corporation [NYSE: CMS] stock has seen the most recent analyst activity on October 15, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $72 from $76. Previously, UBS downgraded its rating to Neutral on April 04, 2024. On February 02, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $64 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $62 on January 16, 2024. Seaport Research Partners downgraded its rating to a Neutral. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on October 05, 2023, but kept the price target unchanged to $57. In a note dated August 23, 2023, Barclays initiated an Equal Weight rating and provided a target price of $58 on this stock.

This stock has fluctuated between a low of $52.12 and a high of $71.57 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $66.85 within the next 12 months. CMS Energy Corporation [NYSE: CMS] shares were valued at $72.10 at the most recent close of the market. An investor can expect a potential drop of -7.28% based on the average CMS price forecast.

Analyzing the CMS fundamentals

Trailing Twelve Months sales for CMS Energy Corporation [NYSE:CMS] were 7.41B which represents 3.34% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.96.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.33 points at the first support level, and at 70.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.50, and for the 2nd resistance point, it is at 72.89.

Ratios To Look Out For

To put it in perspective, the Current Ratio for CMS Energy Corporation [NYSE:CMS] is 1.18. Also, the Quick Ratio is 0.87, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 2.91, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 22.19.

Transactions by insiders

Recent insider trading involved Hofmeister Brandon J., Senior Vice President, that happened on Sep 04 ’24 when 2000.0 shares were sold. Officer, Hofmeister Brandon J. completed a deal on Sep 04 ’24 to buy 2000.0 shares. Meanwhile, Senior Vice President Rich Brian F sold 4000.0 shares on Aug 01 ’24.

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