In recent trading session, Constellation Energy Corporation (NASDAQ:CEG) saw 0.81 million shares changing hands at last check today with its beta currently measuring 0.85. Company’s recent per share price level of $299.66 trading at -$8.89 or -2.88% at last check today assigns it a market valuation of $93.75B. That most recent trading price of CEG’s stock is at a discount of -17.47% from its 52-week high price of $352.00 and is indicating a premium of 59.5% from its 52-week low price of $121.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.16 million shares which gives us an average trading volume of 4.00 million if we extend that period to 3-months.
For Constellation Energy Corporation (CEG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.65. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 2.13 in the current quarter.
Constellation Energy Corporation (NASDAQ:CEG) trade information
Upright in the red during last session for losing -2.88%, in the last five days CEG remained trading in the red while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $299.66 price level, adding 3.96% to its value on the day. Constellation Energy Corporation’s shares saw a change of 33.95% in year-to-date performance and have moved -13.75% in past 5-day. Constellation Energy Corporation (NASDAQ:CEG) showed a performance of 32.41% in past 30-days. Number of shares sold short was 6.52 million shares which calculate 1.62 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 271.5 to the stock, which implies a fall of -10.37% to its recent value today. Analysts have been projecting 234 as a low price target for the stock while placing it at a high target of 313. It follows that stock’s current price would jump 21.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 21.91% for stock’s current value.
Constellation Energy Corporation (CEG) estimates and forecasts
Statistics highlight that Constellation Energy Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 57.88% of value to its shares in past 6 months, showing an annual growth rate of 68.26% while that of industry is -3.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -7.15% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.72B for the same. And 2 analysts are in estimates of company making revenue of 5.35B in the next quarter. Company posted 5.8B and 6.16B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 34.63% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 50.69% while estimates for its earnings growth in next 5 years are of 22.08%.
Constellation Energy Corporation (NASDAQ:CEG)’s Major holders
Insiders are in possession of 0.23% of company’s total shares while institution are holding 85.35 percent of that, with stock having share float percentage of 85.55%. Investors also watch the number of corporate investors in a company very closely, which is 85.35% institutions for Constellation Energy Corporation that are currently holding shares of the company. AUSTIN PRIVATE WEALTH, LLC is the top institutional holder at CEG for having 40.0 million shares of worth $801.0. And as of 2024-06-30, it was holding 12.6183 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 36.59 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.5438 of outstanding shares, having a total worth of $7.33 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 9.98 shares of worth $3.01 billion or 3.19% of the total outstanding shares. The later fund manager was in possession of 8.19 shares on Sep 30, 2024, making its stake of worth around $2.47 billion in the company or a holder of 2.62% of company’s stock.
