Constellation Energy Corporation [CEG] moved down -12.46: Why It’s Important

Constellation Energy Corporation [NASDAQ: CEG] closed the trading session at $225.95.

The stocks have a year to date performance of 93.30 percent and weekly performance of -15.37 percent. The stock has been moved at 14.29 percent over the last six months. The stock has performed -20.86 percent around the most recent 30 days and changed 24.81 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 3.29M shares, CEG reached to a volume of 10684707 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Constellation Energy Corporation [CEG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CEG shares is $289.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CEG stock is a recommendation set at 1.80. 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.

JP Morgan have made an estimate for Constellation Energy Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 17, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Neutral. The new note on the price target was released on October 15, 2024, representing the official price target for Constellation Energy Corporation stock. Previously, the target price had yet another raise to $186, while Jefferies analysts kept a Hold rating on CEG stock.

The Average True Range (ATR) for Constellation Energy Corporation is set at 10.66, with the Price to Sales ratio for CEG stock in the period of the last 12 months amounting to 3.04. The Price to Book ratio for the last quarter was 6.19, with the Price to Cash per share for the same quarter was set at 6.13.

CEG stock trade performance evaluation

Constellation Energy Corporation [CEG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.37. With this latest performance, CEG shares dropped by -20.86% in over the last four-week period, additionally plugging by 14.29% over the last 6 months – not to mention a rise of 92.81% 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 CEG stock in for the last two-week period is set at 31.57, with the RSI for the last a single of trading hit 19.80, and the three-weeks RSI is set at 39.60 for Constellation Energy Corporation [CEG]. The present Moving Average for the last 50 days of trading for this stock 237.95, while it was recorded at 254.76 for the last single week of trading, and 197.10 for the last 200 days.

Constellation Energy Corporation [CEG]: An insightful look at the core fundamentals

Constellation Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for Constellation Energy Corporation [CEG] stock

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 CEG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Constellation Energy Corporation go to 14.60%.

Constellation Energy Corporation [CEG]: Institutional Ownership

There are presently around $84.91%, or 85.11%% of CEG stock, in the hands of institutional investors. The top three institutional holders of CEG stocks are: AUSTIN PRIVATE WEALTH, LLC with ownership of 40.0 million shares, which is approximately 12.6183%. VANGUARD GROUP INC, holding 36.59 million shares of the stock with an approximate value of $$7.33 billion in CEG stocks shares; and VANGUARD GROUP INC, currently with $$4.47 billion in CEG stock with ownership which is approximately 7.0448%.