Constellation Energy Corporation (NASDAQ:CEG) shares traded -2.66% lower at $170.43 on Wall Street last session.
CEG stock price is now -19.43% away from the 50-day moving average and 6.86% away from the 200-day moving average. The market capitalization of the company currently stands at $53.73B.
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With the price target of $240, Argus recently initiated with Buy rating for Constellation Energy Corporation (NASDAQ: CEG). On February 28, 2024, KeyBanc Capital Markets Upgraded its previous ‘Sector Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $190, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’
A total of 0.18% of the company’s stock is owned by insiders.
During the past 12 months, Constellation Energy Corporation has had a low of $94.43 and a high of $236.30. As of last week, the company has a debt-to-equity ratio of 0.89, a current ratio of 1.43, and a quick ratio of 1.19. According to the stock market information, the enterprise value for the company is $63507476480, which is based on a 22.75 price-to-earnings ratio, a 1.56 price-to-earnings-growth ratio, and a beta of 0.77. The fifty day moving average price for CEG is $210.656 and a two-hundred day moving average price translates $159.78995 for the stock.
The latest earnings results from Constellation Energy Corporation (NASDAQ: CEG) was released for 2024-03-31. The net profit margin was 10.96% and return on equity was 21.99% for CEG. The company reported revenue of $6.16 billion for the quarter, compared to $7.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.56 percent.
