Centerpoint Energy Inc [NYSE: CNP] price surged by 0.39 percent to reach at $0.13.
The one-year CNP stock forecast points to a potential upside of 1.86. The average equity rating for CNP stock is currently 2.72, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Centerpoint Energy Inc [CNP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNP shares is $34.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNP stock is a recommendation set at 2.72. 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.
Guggenheim have made an estimate for Centerpoint Energy Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 23, 2025. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price to Buy. The new note on the price target was released on December 12, 2024, representing the official price target for Centerpoint Energy Inc stock. Previously, the target price had yet another raise from $31 to $37, while UBS kept a Buy rating on CNP stock.
The Average True Range (ATR) for Centerpoint Energy Inc is set at 0.66, with the Price to Sales ratio for CNP stock in the period of the last 12 months amounting to 2.55. The Price to Book ratio for the last quarter was 2.07, with the Price to Cash per share for the same quarter was set at 0.91.
CNP Stock Performance Analysis:
Centerpoint Energy Inc [CNP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.65. With this latest performance, CNP shares gained by 4.03% in over the last four-week period, additionally plugging by 23.88% over the last 6 months – not to mention a rise of 23.25% 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 CNP stock in for the last two-week period is set at 55.49, with the RSI for the last a single of trading hit 52.45, and the three-weeks RSI is set at 56.65 for Centerpoint Energy Inc [CNP]. The present Moving Average for the last 50 days of trading for this stock 32.66, while it was recorded at 34.04 for the last single week of trading, and 30.25 for the last 200 days.
Insight into Centerpoint Energy Inc Fundamentals:
Centerpoint Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.08.
CNP Stock EPS
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 CNP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Centerpoint Energy Inc go to 7.66%.
Centerpoint Energy Inc [CNP] Institutonal Ownership Details
The top three institutional holders of CNP stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 84.65 million shares, which is approximately 13.2112%. VANGUARD GROUP INC, holding 77.72 million shares of the stock with an approximate value of $$2.41 billion in CNP stocks shares; and VANGUARD GROUP INC, currently with $$1.58 billion in CNP stock with ownership which is approximately 8.0597%.
