Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for CMS Energy Corp (NYSE: CMS) improved in the last week. CMS’ current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
CMS Energy Corp (NYSE: CMS) stock rose modestly by 0.9% on 9/20/24. The stock closed at $69.84. Moreover, this advance was accompanied by unusually high trading volume at 193% of normal. The stock has risen 0.8% during the last week and has been strong relative to 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. CMS Energy has a neutral Appreciation Score of 50 but a good Power Rating of 77, and the Positive Value Trend Rating results.
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