CMS Energy Corp (NYSE: CMS) has reported E.P.S. of $0.84 for its third fiscal quarter (ending September 30) versus $0.60 for the same period a year ago — an increase of 40%. E.P.S. were $3.50 for the latest four quarters through September 30 versus $2.54 for the same period a year ago — an increase of 38%.
Recent Price Action
On 10/31/24, CMS Energy Corp (NYSE: CMS) stock declined slightly by -0.7%, closing at $69.61. NORMAL trading volume accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.5% during the last week.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. CMS Energy has a neutral Appreciation Score of 50 but a very high Power Rating of 85, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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