Companhia Energetica De Mina: (NYSE: CIG)

$11.44

-0.09 (-0.78%)

Volume 2,737,582

May 23 04:00 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		11.21 - 11.46
	
		52wk Low - High
		8.92 - 17.70
	
		Previous Close
		11.53
	
		Avg. Volume
		2,407,452
	
		Industry
		UTIL-ELEC PWR
	
		Market Cap
		11.10 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		0.79
	
		PE (Forward)
		8.14
	
		Current Year Est.
		1.42
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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		87 out of 265
	
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                Key Earnings Data
            
                            PE (Forward)
                            8.14
                        
                            PEG Ratio
                            NA
                        
                            Current Year Est.
                            1.42
                        
                            Current Quarter Estimate
                            0.24
                        
                            Most Accurate Estimate
                            0.24
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            05-15-2013
                        
                            EPS Last Year
                            NA
                        
                            Expected Earnings Growth
                            NA
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
CEMIG SA -ADR is active in the generation, transmission, distribution and commercialization business, Cemig continues to invest in the expansion of its services and in new technologies so as to remain a top notch company nationwide.  Using power sources such as hydraulic, thermal, wind and solar power and even other more advanced technologies, such as hydrogen fuel cells, Cemig goes on providing, under any circumstances, alternatives for the supply and commercialization of electric energy.   
Full CIG Company Report

        
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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
CIG Chart  by YCharts

Earnings Estimates

	Current Qtr (03/2013)	Next Qtr (06/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.24	0.71	1.42	1.48
Number of Estimates	1	1	2	1
Low Estimate	0.24	0.71	1.21	1.48
High Estimate	0.24	0.71	1.62	NA
Year Ago EPS	NA	0.37	2.45	1.42
EPS Growth	NA	90.79%	-42.07%	4.47%

More CIG Estimates

Average Earnings Estimates for CIG

EPS Growth for CIG

Industry Analysis

Name	Symbol	Previous Close
CEMIG SA -ADR	CIG	11.53
CPFL ENERGI-ADR	CPL	22.56
ENDESA-CHILE	EOC	48.13
ALLETE INC	ALE	49.49
E.ON AG-ADR	EONGY	17.05
EL PASO ELEC CO	EE	37.12
EMPIRE DISTRICT	EDE	22.58
ENTERGY CORP	ETR	69.07
HUANENG POWER	HNP	41.50
IDACORP INC	IDA	49.00

Sector:Utilities>> Industry:UTIL-ELEC PWR

COMPARE TICKER vs. Its Peers

Zacks Commentary

CEMIG Earnings above Est. in 1Q13

May 20, 2013

CEMIG Rated Neutral Again

Apr 09, 2013

CEMIG Impresses with 2012 Results

Apr 04, 2013

Cemig D Completes Debenture Issue

Mar 21, 2013

Cemig Downgraded to Neutral

Feb 28, 2013

Cemig to Increase Stake in Capim

Jan 04, 2013

Copel Rated Neutral yet Again

Dec 11, 2012

Zacks Bull and Bear of the Day Highlights: CEMIG, Health Management Associates, Jamba, Starbucks and Caribou Coffee

Nov 27, 2012

More CIG Zacks Commentary

Financials

EPS TTM	NA
Sales	9,503
Net Income	2,287
Price/Earnings	NA
Price/Book	1.78
Price/Cash Flow	4.09
Price/Sales	1.22

More CIG Financials

News

Cia Energetica de Minas Gerais has the Best Relative Performance in the Electric Utilities Industry (CIG, ENI, CPL, EIX, ELP) - Financial News Network Online - News Corner

May 23, 2013

Video Webcast Alert: Companhia Energetica de Minas Gerais - CEMIG Announces Video Webcast about XVIII Annual Meeting Cemig - Pr Newswire

May 23, 2013

Cia Energetica de Minas Gerais Trading Higher on 1.4x Above-Average Volume (CIG) - Financial News Network Online - Unusual Volume

May 22, 2013

Cia Energetica de Minas Gerais Shares Climbing Higher, Up 1.5% - Financial News Network Online - Market Movers

May 20, 2013

Upgrade Alert for Cia Energetica de Minas Gerais (CIG) - Comtex Smartrend(R)

May 20, 2013

Video Webcast Alert: Companhia Energetica de Minas Gerais - CEMIG announces Video Webcast and Conference Call about First Quarter 2013 Results - Pr Newswire

May 17, 2013

Before the Bell Scans of CIG, CMS, NEE, ED, and FCEL - Accesswire-Tnw

May 16, 2013

Cia Energetica de Minas Gerais Shares Climbing Higher, Up 1.6% - Financial News Network Online - Market Movers

May 16, 2013

See All News Stories on CIG

Broker Recommendations

Current ABR	2.00
ABR (Last Week)	2.00
# of recs in ABR	2
Average Target Price	12.16
Industry Rank by ABR	87 out of 265
Rank in Industry	18 out of 78

More CIG Broker Recommendations

Day Low - High	11.21 - 11.46
52wk Low - High	8.92 - 17.70
Previous Close	11.53
Avg. Volume	2,407,452
Industry	UTIL-ELEC PWR
Market Cap	11.10 B
Div - Yield	0.00 - 0.00
Beta	0.79
PE (Forward)	8.14
Current Year Est.	1.42
Quarterly Earnings ESP	0.00%

PE (Forward)	8.14
PEG Ratio	NA
Current Year Est.	1.42
Current Quarter Estimate	0.24
Most Accurate Estimate	0.24
Earnings ESP	0.00%
Next Earnings Report Date	05-15-2013
EPS Last Year	NA
Expected Earnings Growth	NA

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Companhia Energetica De Mina: (NYSE: CIG)

$11.44

-0.09 (-0.78%)

Volume 2,737,582

May 23 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Utilities>> Industry:UTIL-ELEC PWR

Zacks Commentary

Financials

News

Broker Recommendations