why CMS Energy Corporation [CMS] is a Good Choice for Investors After New Price Target of $74.12

CMS Energy Corporation [NYSE: CMS] plunged by -$1.5 during the normal trading session on while it closed the day at $66.36.

CMS Energy Corporation stock has also loss -4.67% of its value over the past 7 days. However, CMS stock has inclined by 1.47% in the 3 months of the year. Over the past six months meanwhile, it has gained 4.95% and gained 14.28% year-on date.

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

The market cap for CMS stock reached $19.83 billion, with 298.79 million shares outstanding and 296.98 million shares in the current float. Compared to the average trading volume of 1.96M shares, CMS reached a trading volume of 5854357 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 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 $74.12 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 2.05. 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.

Jefferies have made an estimate for CMS Energy Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 05, 2024. While these analysts kept the previous recommendation, Mizuho dropped their target price from $76 to $72. The new note on the price target was released on October 15, 2024, representing the official price target for CMS Energy Corporation stock. On February 02, 2024, analysts increased their price target for CMS shares from 60 to 64.

The Average True Range (ATR) for CMS Energy Corporation is set at 1.21, with the Price to Sales ratio for CMS stock in the period of the last 12 months amounting to 2.65. The Price to Book ratio for the last quarter was 2.51, with the Price to Cash per share for the same quarter was set at 1.56.

CMS stock trade performance evaluation

CMS Energy Corporation [CMS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.67. With this latest performance, CMS shares dropped by -4.68% in over the last four-week period, additionally plugging by 4.95% over the last 6 months – not to mention a rise of 20.09% 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 31.94, with the RSI for the last a single of trading hit 26.10, and the three-weeks RSI is set at 37.09 for CMS Energy Corporation [CMS]. The present Moving Average for the last 50 days of trading for this stock 69.83, while it was recorded at 68.00 for the last single week of trading, and 62.92 for the last 200 days.

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

CMS Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 1.23.

Earnings per share (EPS) analysis for CMS Energy Corporation [CMS] 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 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 7.50%.

CMS Energy Corporation [CMS]: Institutional Ownership

There are presently around $95.29%, or 95.76%% of CMS stock, in the hands of institutional investors. The top three institutional holders of CMS stocks are: VANGUARD GROUP INC with ownership of 37.8 million shares, which is approximately 12.7494%. BLACKROCK INC., holding 28.61 million shares of the stock with an approximate value of $$1.7 billion in CMS stocks shares; and BLACKROCK INC., currently with $$1.49 billion in CMS stock with ownership which is approximately 8.4503%.