- CMS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $61.8 million.
- CMS has traded 430,775 shares today.
- CMS is trading at 4.24 times the normal volume for the stock at this time of day.
- CMS crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CMS with the Ticky from Trade-Ideas. See the FREE profile for CMS NOW at Trade-Ideas More details on CMS: CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan, the United States. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. The stock currently has a dividend yield of 3.7%. CMS has a PE ratio of 15.4. Currently there are 5 analysts that rate CMS Energy a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for CMS Energy has been 2.3 million shares per day over the past 30 days. CMS Energy has a market cap of $8.0 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.11 and a short float of 4.2% with 2.05 days to cover. Shares are up 8.4% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates CMS Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 14.7%. Since the same quarter one year prior, revenues slightly increased by 4.4%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- CMS ENERGY CORP's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, CMS ENERGY CORP increased its bottom line by earning $1.65 versus $1.39 in the prior year. This year, the market expects an improvement in earnings ($1.78 versus $1.65).
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Multi-Utilities industry average. The net income increased by 3.8% when compared to the same quarter one year prior, going from $80.00 million to $83.00 million.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Multi-Utilities industry and the overall market, CMS ENERGY CORP's return on equity has significantly outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
- In its most recent trading session, CMS has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- You can view the full CMS Energy Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.