CenterPoint Energy, Inc. (CNP): Consensus Estimates and Trading Data

In the past 52-week period, shares of CenterPoint Energy, Inc. (NYSE:CNP) have moved within the range of $23.95 to $30.45. On the stock’s most recent trading day, the company’s shares ended the regular session at $28.38, which is 6.8% lower than its 52-week high.

CenterPoint Energy, Inc. (CNP) has demonstrated a 20-day simple moving average (SMA) of -3.07%, and a 50-day SMA of -3.42%. This public company’s current market capitalization stands at $12.30 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for CenterPoint Energy, Inc. (CNP) is Hold.

When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, CenterPoint Energy, Inc. (CNP) delivered a 4.18% surprise with its net revenue. Sales reached $2.1 billion during the three-month period, compared to the average analyst estimate of $2.01 billion.

Meanwhile, during the same quarter CenterPoint Energy, Inc. (CNP) delivered a 3.58% earnings surprise. Net earnings for the quarter were posted at $0.38 per share, whereas Wall Street had forecast $0.39 per share.

Ownership at CenterPoint Energy, Inc. (CNP), According to Most Recent SEC Filings

A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. CenterPoint Energy, Inc. (CNP) has 0 billion shares outstanding currently, 79.96% of which belong to institutional investors. Those institutional holdings amount to $9.94 billion.

Additionally, according to the most recent 13F filing from CenterPoint Energy, Inc. (CNP), there were 47 new positions totaling 3,045,249 shares of the company’s stock. There were 48 sold out positions, on the other hand, totaling 1,870,783 shares.

Short, Medium and Long Term Indicators

Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. CenterPoint Energy, Inc. (CNP) has had a 20-day average volume of 2,777,310 shares, with an average of 100% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,629,806 shares, with an average of 100% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,761,072 shares with 33% of long-term indicators pointing to Sell.