In the latest quarter, 6 analysts provided ratings for CMS Energy CMS, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $63.17, with a high estimate of $65.00 and a low estimate of $59.00. Marking an increase of 5.28%, the current average surpasses the previous average price target of $60.00.
Decoding Analyst Ratings: A Detailed Look
The analysis of recent analyst actions sheds light on the perception of CMS Energy by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Shahriar Pourreza | Guggenheim | Raises | Buy | $64.00 | $60.00 |
| Eric Beaumont | Barclays | Raises | Equal-Weight | $59.00 | $55.00 |
| Steve Fleishman | Wolfe Research | Announces | Outperform | $62.00 | - |
| Sophie Karp | Keybanc | Raises | Overweight | $65.00 | $60.00 |
| James Thalacker | BMO Capital | Raises | Outperform | $64.00 | $61.00 |
| Richard Sunderland | JP Morgan | Raises | Overweight | $65.00 | $64.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to CMS Energy. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of CMS Energy compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of CMS Energy's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of CMS Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on CMS Energy analyst ratings.
Unveiling the Story Behind CMS Energy
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
CMS Energy's Economic Impact: An Analysis
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: CMS Energy's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -17.34%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Utilities sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.4%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.51%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): CMS Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 0.54%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: CMS Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 2.22. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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