CMS Energy Corp (NYSE: CMS) has reported E.P.S. of $0.65 for its second fiscal quarter (ending June 30) versus $0.67 for the same period a year ago — a decline of -3%. However, this result exceeded the consensus estimate of $0.62 by $0.03. E.P.S. were $3.26 for the latest four quarters through June 30 versus $2.50 for the same period a year ago — an increase of 30%.
Recent Price Action
CMS Energy Corp (NYSE: CMS) stock closed at $63.21 on 7/25/24 after an increase of 1.2%. Moreover, above average trading volume at 130% of normal accompanied the advance. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CMS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CMS Energy has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CMS Energy has a neutral Appreciation Score of 54 and a neutral Power Rating of 57, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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