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 $45.00, up from yesterday’s close by 1.79%. 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
CMS Energy Corporation (CMS) currently trades with a market capitalization of $12.64 Billion. That value represents a market adjusting for revenues that have been growing by 8.41 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $40 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.78 on a per share basis this quarter. Perhaps, that suggests something about why 1.12% of the outstanding share supply is held by institutional investors.
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 $50.85. It is now trading 5.85% off that level. The stock is trading $43.64 its 50-day moving average by -1.36%. The stock carved out a 52-week low down at $40.48.
In recent action, CMS Energy Corporation (CMS) has made a move of +1.63% 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 13.41, 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 1.97% with $280.75 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CMS.