Ratings for CMS Energy CMS were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 2 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $62.2, a high estimate of $66.00, and a low estimate of $57.00. Witnessing a positive shift, the current average has risen by 1.55% from the previous average price target of $61.25.
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 |
|---|---|---|---|---|---|
| Ross Fowler | UBS | Announces | Neutral | $65.00 | - |
| Nicholas Campanella | Barclays | Raises | Equal-Weight | $58.00 | $57.00 |
| Richard Sunderland | JP Morgan | Raises | Overweight | $66.00 | $65.00 |
| Shelby Tucker | RBC Capital | Lowers | Outperform | $63.00 | $65.00 |
| 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 | - |
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 provide insights into price targets, offering estimates for the future value of CMS Energy's stock. This comparison reveals trends 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.
Delving into CMS Energy's Background
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.
Financial Milestones: CMS Energy's Journey
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, CMS Energy faced challenges, resulting in a decline of approximately -14.4% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Utilities sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: CMS Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 15.69%, the company showcases strong profitability and effective cost management.
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.
What Are Analyst Ratings?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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