CMS Energy Corporation [NYSE: CMS] stock went on a downward path that fall over -3.93% on Tuesday, amounting to a one-week price decrease of less than -3.18%. The company report on June 8, 2021 that CMS Energy Announces the Strategic Sale of EnerBank USA to Regions Bank for $960 Million.
– Simplifies CMS Energy’s investment thesis with a pure focus on energy.
– Exits a non-core business at a compelling valuation of 3.0x book equity.
Over the last 12 months, CMS stock dropped by -1.07%. The one-year CMS Energy Corporation stock forecast points to a potential upside of 11.07. The average equity rating for CMS stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $17.48 billion, with 288.60 million shares outstanding and 287.13 million shares in the current float. Compared to the average trading volume of 2.01M shares, CMS stock reached a trading volume of 11047144 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $67.84 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.
Mizuho have made an estimate for CMS Energy Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 12, 2021. The new note on the price target was released on April 07, 2021, representing the official price target for CMS Energy Corporation stock. Previously, the target price had yet another drop from $75 to $67, while Barclays kept a Overweight rating on CMS stock. On February 05, 2021, analysts increased their price target for CMS shares from 63 to 64.
The Average True Range (ATR) for CMS Energy Corporation is set at 1.18, with the Price to Sales ratio for CMS stock in the period of the last 12 months amounting to 2.53. The Price to Book ratio for the last quarter was 3.04, with the Price to Cash per share for the same quarter was set at 1.71.
CMS Stock Performance Analysis:
CMS Energy Corporation [CMS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.18. With this latest performance, CMS shares dropped by -5.72% in over the last four-week period, additionally plugging by 0.94% over the last 6 months – not to mention a drop of -1.07% 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 33.15, with the RSI for the last a single of trading hit 25.23, and the three-weeks RSI is set at 39.18 for CMS Energy Corporation [CMS]. The present Moving Average for the last 50 days of trading for this stock 63.01, while it was recorded at 62.17 for the last single week of trading, and 60.87 for the last 200 days.
Insight into CMS Energy Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and CMS Energy Corporation [CMS] shares currently have an operating margin of +20.39 and a Gross Margin at +25.76. CMS Energy Corporation’s Net Margin is presently recorded at +11.30.
Return on Total Capital for CMS is now 6.87, given the latest momentum, and Return on Invested Capital for the company is 4.16. Return on Equity for this stock inclined to 14.36, with Return on Assets sitting at 2.67. When it comes to the capital structure of this company, CMS Energy Corporation [CMS] has a Total Debt to Total Equity ratio set at 277.11. Additionally, CMS Total Debt to Total Capital is recorded at 73.48, with Total Debt to Total Assets ending up at 51.34. Long-Term Debt to Equity for the company is recorded at 249.55, with the Long-Term Debt to Total Capital now at 66.17.
Reflecting on the efficiency of the workforce at the company, CMS Energy Corporation [CMS] managed to generate an average of $80,792 per employee. Receivables Turnover for the company is 5.85 with a Total Asset Turnover recorded at a value of 0.24.CMS Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.90.
CMS Stock EPS
With the latest financial reports released by the company, CMS Energy Corporation posted 0.49/share EPS, while the average EPS was predicted by analysts to be reported at 0.42/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.70%. 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 7.25%.
CMS Energy Corporation [CMS] Insider Position Details
There are presently around $15,750 million, or 92.80% of CMS stock, in the hands of institutional investors. The top three institutional holders of CMS stocks are: VANGUARD GROUP INC with ownership of 35,076,679, which is approximately 0.723% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 25,218,582 shares of the stock with an approximate value of $1.52 billion in CMS stocks shares; and JPMORGAN CHASE & CO, currently with $1.29 billion in CMS stock with ownership of nearly 0.024% 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 278 institutional holders increased their position in CMS Energy Corporation [NYSE:CMS] by around 20,488,543 shares. Additionally, 269 investors decreased positions by around 19,908,864 shares, while 85 investors held positions by with 220,665,250 shares. The mentioned changes placed institutional holdings at 261,062,657 shares, according to the latest SEC report filing. CMS stock had 82 new institutional investments in for a total of 2,250,233 shares, while 69 institutional investors sold positions of 4,228,221 shares during the same period.