The trading price of Constellation Energy Corporation (NASDAQ:CEG) floating higher at last check on current market day and closing at $323.45, 2.24% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $318.33 and $328.04. The company’s P/E ratio in the trailing 12-month period was 35.69, while its 5Y monthly beta was 0.776. In examining the 52-week price action we see that the stock hit a 52-week high of $320.51 and a 52-week low of $110.25. Over the past month, the stock has gained 38.08% in value.
Constellation Energy Corporation, whose market valuation is $101.19 billion at the time of this writing, is expected to release its quarterly earnings report in February. The dividend yield on the company stock is 0.44%, while its Forward Dividend ratio is 1.41. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CEG has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned CEG a recommendation rating is 9. Out of them, 3 rate it a Hold, while 6 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Constellation Energy Corporation (CEG) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.79, which symbolizes a positive outlook. A quick review shows that CEG’s price is currently 24.32% off the SMA20 and 30.05% off the SMA50. The RSI metric on the 14-day chart is currently showing 70.84, and weekly volatility stands at 5.08%. When measured over the past 30 days, the indicator reaches 5.03%. Constellation Energy Corporation (NASDAQ:CEG)’s beta value is currently sitting at 0.82, while the Average True Range indicator is currently displaying 15.58. With analysts defining $234-$313 as the low and high price targets, we arrive at a consensus price target of $271.5 for the trailing 12-month period. The current price is about 27.65% off the estimated low and 3.23% off the forecast high, based on this estimate. Investors will be thrilled if CEG’s share price rises to $271.5, which is the median consensus price. At that level, CEG’s share price would be 16.06% above current price.
To see how Constellation Energy Corporation stock has been performing today in comparison to its peers in the industry, here are the numbers: CEG stock’s performance was 2.24% at last check in today’s session, and 190.32% in the past year. Constellation Energy Corporation has a P/E ratio of 35.69.
An evaluation of the daily trading volume of Constellation Energy Corporation (NASDAQ:CEG) indicates that the 3-month average is 3.32 million. However, this figure has increased over the past 10 days to an average of 5.89.
Currently, records show that 312.76 million of the company’s shares remain outstanding. The insiders hold 0.18% of outstanding shares, whereas institutions hold 83.18%. The stats also highlight that short interest as of 2024-12-31, stood at 5.8 million shares, resulting in a short ratio of 2.54 at that time. From this, we can conclude that short interest is 211.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were down slightly from the previous month’s figure, which was 6.49 million. However, since the stock’s price has seen 44.58% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
