In yesterday’s Wall Street session, Constellation Energy Corporation (NASDAQ:CEG) shares traded at $233.75, up 3.45% from the previous session.
CEG stock price is now -2.08% away from the 50-day moving average and 18.25% away from the 200-day moving average. The market capitalization of the company currently stands at $73.09B.
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With the price target of $342, JP Morgan recently initiated with Overweight rating for Constellation Energy Corporation (NASDAQ: CEG). On October 15, 2024, Citigroup recently initiated its ‘Neutral’ rating on the stock quoting a target price of $284, while ‘Jefferies’ rates the stock as ‘Hold’
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 $109.44 and a high of $288.75. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 1.70, and a quick ratio of 1.43. According to the stock market information, the enterprise value for the company is $80153747456, which is based on a 25.80 price-to-earnings ratio, a 1.77 price-to-earnings-growth ratio, and a beta of 0.79. The fifty day moving average price for CEG is $237.9488 and a two-hundred day moving average price translates $197.1 for the stock.
The latest earnings results from Constellation Energy Corporation (NASDAQ: CEG) was released for 2024-09-30. The net profit margin was 13.11% and return on equity was 23.61% for CEG. The company reported revenue of $6.55 billion for the quarter, compared to $6.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.18 percent.
