Constellation Energy Corporation (NASDAQ: CEG) is 36.42% higher on its value in year-to-date trading and has touched a low of $109.44 and a high of $288.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CEG stock was last observed hovering at around $243.84 in the last trading session, with the day’s gains setting it 61.35%.
Currently trading at $305.19, the stock is 27.34% and 25.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.7 million and changing 25.16% at the moment leaves the stock 39.85% off its SMA200. CEG registered 161.99% gain for a year compared to 6-month gain of 40.74%. The firm has a 50-day simple moving average (SMA 50) of $242.386 and a 200-day simple moving average (SMA200) of $218.2305.
The stock witnessed a 27.24% loss in the last 1 month and extending the period to 3 months gives it a 16.36%, and is 25.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.96% over the week and 4.61% over the month.
Constellation Energy Corporation (CEG) has around 13833 employees, a market worth around $95.45B and $21.82B in sales. Current P/E ratio is 33.68 and Fwd P/E is 33.64. Profit margin for the company is 13.11%. Distance from 52-week low is 178.87% and 5.69% from its 52-week high. The company has generated returns on investments over the last 12 months (14.34%).
with sales reaching $4.63B over the same period.The EPS is expected to grow by 49.18% this year, but quarterly earnings will post -9.24% year-over-year. Quarterly sales are estimated to shrink -20.18% in year-over-year returns.
Constellation Energy Corporation (CEG) Top Institutional Holders
1848.0 institutions hold shares in Constellation Energy Corporation (CEG), with institutional investors hold 85.16% of the company’s shares. The shares outstanding are 312.76M, and float is at 312.20M with Short Float at 1.86%. Institutions hold 84.95% of the Float.
The top institutional shareholder in the company is AUSTIN PRIVATE WEALTH, LLC with over 40.0 million shares valued at $801.0. The investor’s holdings represent 12.6183% of the CEG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 36.59 million shares valued at $7.33 billion to account for 11.5438 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 22.33 million shares representing 7.0448% and valued at over $4.47 billion, while BLACKROCK INC. holds 6.7597 of the shares totaling 21.43 million with a market value of $4.29 billion.
Constellation Energy Corporation (CEG) Insider Activity
#####
