With 5.31 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.02 million shares. The 52-week range on CEG shows that it touched its highest point at $352.00 and its lowest point at $155.60 during that stretch. It currently has a 1-year price target of $332.88. With its current market cap of 72.67 billion, CEG has annualized dividend of $1.41 while the current yield stands at 0.61%. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CEG was down-trending over the past week, with a drop of -13.23%, but this was down by -24.72% over a month. Three-month performance dropped to -12.91% while six-month performance rose 19.88%. The stock gained 35.98% in the past year, while it has gained 3.84% so far this year. A look at the trailing 12-month EPS for CEG yields 11.89 with Next year EPS estimates of 10.16. For the next quarter, that number is 2.17. This implies an EPS growth rate of 6.12% for this year and 10.40% for next year. EPS is expected to grow by 9.91% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.15%.
Float and Shares Shorts:
At present, 313.00 million CEG shares are outstanding with a float of 312.33 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CEG since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.48313 being high and $8.35339 being low. For CEG, this leads to a yearly average estimate of $8.41327. Based on analyst estimates, the high estimate for the next quarter is $1.97 and the low estimate is $1.78. The average estimate for the next quarter is thus $1.91.
Summary of Insider Activity:
Insiders traded CEG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.