Constellation Energy Corporation (NASDAQ:CEG) shares traded -10.13% lower at $170.96 on Wall Street last session.
CEG stock price is now -33.21% away from the 50-day moving average and -27.64% away from the 200-day moving average. The market capitalization of the company currently stands at $53.56B.
With the price target enhanced from $237 to $269, BofA Securities Upgraded its rating from Neutral to Buy for Constellation Energy Corporation (NASDAQ: CEG). On October 17, 2024, JP Morgan recently initiated its ‘Overweight’ rating on the stock quoting a target price of $342, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Bauer Matthew N, SVP & Controller sold 4,000 shares of the company’s stock on Feb 20 ’25. The stock was sold for $1,241,581 at an average price of $310.40. Upon completion of the transaction, the SVP & Controller now directly owns 6,587 shares in the company, valued at $1.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Officer MATTHEW BAUER bought 4,000 shares of the business’s stock. A total of $1,241,581 was incurred on buying the stock at an average price of $310.40. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Constellation Energy Corporation has had a low of $155.60 and a high of $352.00. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 1.57, and a quick ratio of 1.34. According to the stock market information, the enterprise value for the company is $59830366208, which is based on a 14.38 price-to-earnings ratio, a 1.31 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for CEG is $255.958 and a two-hundred day moving average price translates $236.274 for the stock.
The latest earnings results from Constellation Energy Corporation (NASDAQ: CEG) was released for 2024-12-31. The net profit margin was 15.90% and return on equity was 31.12% for CEG. The company reported revenue of $5.38 billion for the quarter, compared to $5.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.14 percent.
