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Why Constellation Energy Corporation (CEG) Dipped More Than Broader Market Today
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In the latest trading session, Constellation Energy Corporation (CEG - Free Report) closed at $251.77, marking a -2.46% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.51%. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 1.47%.
Heading into today, shares of the company had lost 3.39% over the past month, lagging the Oils-Energy sector's gain of 0.92% and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of Constellation Energy Corporation in its upcoming release. The company plans to announce its earnings on August 6, 2026. The company's earnings per share (EPS) are projected to be $2.24, reflecting a 17.28% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $7.51 billion, indicating a 23.16% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.74 per share and a revenue of $35.48 billion, indicating changes of +25.03% and +38.95%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Constellation Energy Corporation. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. Currently, Constellation Energy Corporation is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Constellation Energy Corporation is presently being traded at a Forward P/E ratio of 21.99. Its industry sports an average Forward P/E of 18.03, so one might conclude that Constellation Energy Corporation is trading at a premium comparatively.
Investors should also note that CEG has a PEG ratio of 1.01 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Alternative Energy - Other stocks are, on average, holding a PEG ratio of 1.98 based on yesterday's closing prices.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 91, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Image: Bigstock
Why Constellation Energy Corporation (CEG) Dipped More Than Broader Market Today
In the latest trading session, Constellation Energy Corporation (CEG - Free Report) closed at $251.77, marking a -2.46% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.51%. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 1.47%.
Heading into today, shares of the company had lost 3.39% over the past month, lagging the Oils-Energy sector's gain of 0.92% and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of Constellation Energy Corporation in its upcoming release. The company plans to announce its earnings on August 6, 2026. The company's earnings per share (EPS) are projected to be $2.24, reflecting a 17.28% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $7.51 billion, indicating a 23.16% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.74 per share and a revenue of $35.48 billion, indicating changes of +25.03% and +38.95%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Constellation Energy Corporation. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% higher. Currently, Constellation Energy Corporation is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Constellation Energy Corporation is presently being traded at a Forward P/E ratio of 21.99. Its industry sports an average Forward P/E of 18.03, so one might conclude that Constellation Energy Corporation is trading at a premium comparatively.
Investors should also note that CEG has a PEG ratio of 1.01 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Alternative Energy - Other stocks are, on average, holding a PEG ratio of 1.98 based on yesterday's closing prices.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 91, this industry ranks in the top 37% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.