How Does CMS Energy Corporation (CMS) Stack Up Right Now?

CMS Energy Corporation (CMS) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $50.22, down from yesterday’s close by -0.65%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. CMS Energy Corporation (CMS) currently trades with a market capitalization of $14.17 Billion. That value represents a market adjusting for revenues that have been falling by -3.78 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For CMS, the company currently has $169 Million of cash on the books, which is offset by $1.21 Billion current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-69 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.52 on a per share basis this quarter. Perhaps, that suggests something about why 88.43% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, CMS Energy Corporation recorded a 52-week high of $50.71. It is now trading 0.49% off that level. The stock is trading $47.79 its 50-day moving average by -2.43%. The stock carved out a 52-week low down at $39.42.

In recent action, CMS Energy Corporation (CMS) has made a move of +5.04% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 18.46, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.10% with $280.43 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CMS.

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