A Closer Look at Centerpoint Energy Inc (CNP)’s Operating Margin

Centerpoint Energy Inc [CNP] stock prices are up 0.90% to $32.39 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CNP shares have gain 2.14% over the last week, with a monthly amount glided 1.44%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Centerpoint Energy Inc [NYSE: CNP] stock has seen the most recent analyst activity on December 12, 2024, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $34.50. Previously, UBS upgraded its rating to Buy on December 03, 2024, and elevated its price target to $37. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $28 on August 13, 2024. KeyBanc Capital Markets downgraded its rating to a Sector Weight. JP Morgan downgraded its rating to Neutral for this stock on August 02, 2024, and downed its price target to $29. In a note dated August 02, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $31 to $28.

The stock price of Centerpoint Energy Inc [CNP] has been fluctuating between $25.41 and $33.00 over the past year. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Centerpoint Energy Inc [NYSE: CNP] shares were valued at $32.39 at the most recent close of the market. An investor can expect a potential drop of -1.2% based on the average CNP price forecast.

Analyzing the CNP fundamentals

The Centerpoint Energy Inc [NYSE:CNP] reported sales of 8.56B for trailing twelve months, representing a drop of -0.22%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.89.

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 32.09 points at the first support level, and at 31.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.55, and for the 2nd resistance point, it is at 32.72.

Ratios To Look Out For

It’s worth pointing out that Centerpoint Energy Inc [NYSE:CNP]’s Current Ratio is 1.11. On the other hand, the Quick Ratio is 0.92, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.49, the price to book ratio is 2.00 and price to earnings (TTM) ratio is 21.46.

Transactions by insiders

Recent insider trading involved Smitherman Barry T, Director, that happened on May 03 ’24 when 5670.0 shares were sold.

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