Constellation Energy Corporation [CEG] stock is trading at $305.19, up 25.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CEG shares have gain 25.80% over the last week, with a monthly amount glided 27.24%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Constellation Energy Corporation [NASDAQ: CEG] stock has seen the most recent analyst activity on December 12, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $269 from $237. Previously, JP Morgan started tracking the stock with Overweight rating on October 17, 2024, and set its price target to $342. On October 15, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $284 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $186 on September 13, 2024. Barclays initiated its recommendation with a Overweight and recommended $211 as its price target on August 08, 2024. Argus started tracking with a Buy rating for this stock on July 19, 2024, and assigned it a price target of $240. In a note dated February 28, 2024, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $190.
Constellation Energy Corporation [CEG] stock has fluctuated between $109.44 and $288.75 over the past year. Currently, Wall Street analysts expect the stock to reach $271 within the next 12 months. Constellation Energy Corporation [NASDAQ: CEG] shares were valued at $305.19 at the most recent close of the market. An investor can expect a potential drop of -11.2% based on the average CEG price forecast.
Analyzing the CEG fundamentals
Constellation Energy Corporation [NASDAQ:CEG] reported sales of 21.82B for the trailing twelve months, which represents a drop of -6.92%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.25 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
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 286.88 points at the first support level, and at 268.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 316.75, and for the 2nd resistance point, it is at 328.31.
Ratios To Look Out For
For context, Constellation Energy Corporation’s Current Ratio is 1.70. Further, the Quick Ratio stands at 1.43, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 4.38, the price to book ratio is 7.59 and price to earnings (TTM) ratio is 33.68.
