Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on CMS Energy CMS in the last three months.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $62.38, with a high estimate of $65.00 and a low estimate of $57.00. Observing a 2.99% increase, the current average has risen from the previous average price target of $60.57.
Deciphering Analyst Ratings: An In-Depth Analysis
The perception of CMS Energy by financial experts is analyzed through recent analyst actions. 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 |
|---|---|---|---|---|---|
| James Thalacker | BMO Capital | Lowers | Outperform | $63.00 | $65.00 |
| Eric Beaumont | Barclays | Lowers | Equal-Weight | $57.00 | $59.00 |
| Shelby Tucker | RBC Capital | Raises | Sector Perform | $65.00 | $64.00 |
| 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 |
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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CMS Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on CMS Energy analyst ratings.
Get to Know CMS Energy Better
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.
A Deep Dive into CMS Energy's Financials
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Negative Revenue Trend: Examining CMS Energy's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -14.4% in revenue growth, reflecting 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: CMS Energy's net margin excels beyond industry benchmarks, reaching 15.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): CMS Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.29% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): CMS Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.93%, the company showcases efficient use of assets and strong financial health.
Debt Management: CMS Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 2.14. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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