At the time of writing, Centerpoint Energy Inc [CNP] stock is trading at $34.20, down -0.26%. An important factor to consider is whether the stock is rising or falling in short-term value. The CNP shares have gain 2.36% over the last week, with a monthly amount glided 5.43%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Centerpoint Energy Inc [NYSE: CNP] stock has seen the most recent analyst activity on January 23, 2025, when Guggenheim downgraded its rating to a Neutral. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on December 12, 2024, and set its price target to $34.50. On December 03, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $37 on the stock. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $28 on August 13, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on August 02, 2024. In a note dated August 02, 2024, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $32 to $29.
For the past year, the stock price of Centerpoint Energy Inc fluctuated between $25.41 and $34.39. Currently, Wall Street analysts expect the stock to reach $32.14 within the next 12 months. Centerpoint Energy Inc [NYSE: CNP] shares were valued at $34.20 at the most recent close of the market. An investor can expect a potential drop of -6.02% based on the average CNP price forecast.
Analyzing the CNP fundamentals
According to Centerpoint Energy Inc [NYSE:CNP], the company’s sales were 8.64B for trailing twelve months, which represents an 3.67% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.1 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 1.97.
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 33.74 points at the first support level, and at 33.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.55, and for the 2nd resistance point, it is at 34.90.
Ratios To Look Out For
It is important to note that Centerpoint Energy Inc [NYSE:CNP] has a current ratio of 1.08. On the other hand, the Quick Ratio is 0.91, and the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 2.09 and price to earnings (TTM) ratio is 21.58.
Transactions by insiders
Recent insider trading involved Colvin Kristie, Officer, that happened on Feb 24 ’25 when 16357.0 shares were purchased. Director, Smitherman Barry T completed a deal on Jan 10 ’25 to buy 21203.0 shares. Meanwhile, Director Smitherman Barry T sold 5670.0 shares on May 03 ’24.
