CMS Energy Corporation [NYSE: CMS] gained 2.59% or 1.54 points to close at $60.98 with a heavy trading volume of 1536611 shares. It opened the trading session at $59.16, the shares rose to $61.19 and dropped to $58.62, the range by which the price of stock traded the whole day. The daily chart for CMS points out that the company has recorded -1.39% loss over the past six months. However, it is still -32.48% lower than its most recent low trading price.
If we look at the average trading volume of 2.67M shares, CMS reached to a volume of 1536611 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about CMS Energy Corporation [CMS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMS shares is $62.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMS stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Seaport Global Securities have made an estimate for CMS Energy Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 20, 2020. The new note on the price target was released on May 15, 2020, representing the official price target for CMS Energy Corporation stock. Previously, the target price had yet another raise to $55, while Mizuho analysts kept a Neutral rating on CMS stock.
The Average True Range (ATR) for CMS Energy Corporation is set at 1.59, with the Price to Sales ratio for CMS stock in the period of the last 12 months amounting to 2.60. The Price to Book ratio for the last quarter was 3.44, with the Price to Cash per share for the same quarter was set at 0.49.
Trading performance analysis for CMS stock
CMS Energy Corporation [CMS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.34. With this latest performance, CMS shares gained by 11.81% in over the last four-week period, additionally sinking by -1.39% over the last 6 months – not to mention a rise of 5.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMS stock in for the last two-week period is set at 63.29, with the RSI for the last a single of trading hit 70.72, and the three-weeks RSI is set at 57.47 for CMS Energy Corporation [CMS]. The present Moving Average for the last 50 days of trading for this stock 57.87, while it was recorded at 59.77 for the last single week of trading, and 61.84 for the last 200 days.
CMS Energy Corporation [CMS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and CMS Energy Corporation [CMS] shares currently have an operating margin of +18.10 and a Gross Margin at +22.97. CMS Energy Corporation’s Net Margin is presently recorded at +9.93.
Return on Total Capital for CMS is now 7.10, given the latest momentum, and Return on Invested Capital for the company is 4.18. Return on Equity for this stock inclined to 13.92, with Return on Assets sitting at 2.65. When it comes to the capital structure of this company, CMS Energy Corporation [CMS] has a Total Debt to Total Equity ratio set at 264.91. Additionally, CMS Total Debt to Total Capital is recorded at 72.60, with Total Debt to Total Assets ending up at 49.53. Long-Term Debt to Equity for the company is recorded at 240.41, with the Long-Term Debt to Total Capital now at 65.88.
Reflecting on the efficiency of the workforce at the company, CMS Energy Corporation [CMS] managed to generate an average of $77,369 per employee. Receivables Turnover for the company is 5.82 with a Total Asset Turnover recorded at a value of 0.27.CMS Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.90.
CMS Energy Corporation [CMS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, CMS Energy Corporation posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.36/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CMS Energy Corporation go to 7.16%.
An analysis of insider ownership at CMS Energy Corporation [CMS]
There are presently around $15,893 million, or 96.80% of CMS stock, in the hands of institutional investors. The top three institutional holders of CMS stocks are: VANGUARD GROUP INC with ownership of 37,534,280, which is approximately 3.014% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 25,613,816 shares of the stock with an approximate value of $1.52 billion in CMS stocks shares; and JPMORGAN CHASE & CO, currently with $984.24 million in CMS stock with ownership of nearly -16.167% of the company’s market capitalization.
Positions in CMS Energy Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 262 institutional holders increased their position in CMS Energy Corporation [NYSE:CMS] by around 22,333,239 shares. Additionally, 315 investors decreased positions by around 20,770,290 shares, while 75 investors held positions by with 224,279,898 shares. The mentioned changes placed institutional holdings at 267,383,427 shares, according to the latest SEC report filing. CMS stock had 66 new institutional investments in for a total of 3,707,194 shares, while 80 institutional investors sold positions of 1,966,131 shares during the same period.