Constellation Energy Corporation [NASDAQ: CEG] loss -7.55% on the last trading session, reaching $249.74 price per share at the time.
If compared to the average trading volume of 3.93M shares, CEG reached a trading volume of 5121907 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 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 $332.88 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 1.89. 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.
BofA Securities have made an estimate for Constellation Energy Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price to Overweight. The new note on the price target was released on October 17, 2024, representing the official price target for Constellation Energy Corporation stock. Previously, the target price had yet another raise to $284, while Citigroup analysts kept a Neutral rating on CEG stock.
The Average True Range (ATR) for Constellation Energy Corporation is set at 18.85, with the Price to Sales ratio for CEG stock in the period of the last 12 months amounting to 3.31. The Price to Book ratio for the last quarter was 5.94, with the Price to Cash per share for the same quarter was set at 10.00.
Trading performance analysis for CEG stock
Constellation Energy Corporation [CEG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.29. With this latest performance, CEG shares dropped by -10.42% in over the last four-week period, additionally plugging by 28.14% over the last 6 months – not to mention a rise of 87.46% 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 34.31, with the RSI for the last a single of trading hit 25.79, and the three-weeks RSI is set at 39.86 for Constellation Energy Corporation [CEG]. The present Moving Average for the last 50 days of trading for this stock 280.83, while it was recorded at 267.27 for the last single week of trading, and 236.50 for the last 200 days.
Constellation Energy Corporation [CEG]: A deeper dive into fundamental analysis
Constellation Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.34 and a Current Ratio set at 1.57.
Constellation Energy Corporation [CEG]: An earnings per share (EPS) analysis
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 9.91%.
An analysis of Institutional ownership at Constellation Energy Corporation [CEG]
The top three institutional holders of CEG stocks are: AUSTIN PRIVATE WEALTH, LLC with ownership of 40.0 million shares, which is approximately 12.6984%. 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 7.0895%.
