Constellation Energy Corporation (CEG) ended the recent trading session at $258.98, demonstrating a +2.57% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.6% for the day. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 1.18%.
The stock of company has fallen by 3.05% in the past month, lagging the Oils-Energy sector's gain of 7.33% and the S&P 500's loss of 0.79%.
The investment community will be paying close attention to the earnings performance of Constellation Energy Corporation in its upcoming release. The company is slated to reveal its earnings on November 9, 2026. The company is predicted to post an EPS of $3.91, indicating a 28.62% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $8.72 billion, up 32.66% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.12 per share and a revenue of $35.55 billion, indicating changes of +29.07% and +39.22%, respectively, from the former year.
Investors should also take note of any recent adjustments to 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 utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.53% lower. Constellation Energy Corporation is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Constellation Energy Corporation is at present trading with a Forward P/E ratio of 20.83. This valuation marks a premium compared to its industry average Forward P/E of 17.58.
Also, we should mention that CEG has a PEG ratio of 1.4. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CEG's industry had an average PEG ratio of 1.78 as of yesterday's close.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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.
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Constellation Energy Corporation (CEG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).