| Should You Buy CMS Energy (CMS) Ahead of Earnings? | |
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Investors are always looking for stocks that are poised to beat at earnings season and CMS Energy Corp. CMS may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because CMS Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for CMS in this report.
In fact, the Most Accurate Estimate for the current quarter is currently at 50 cents per share for CMS, compared to a broader Zacks Consensus Estimate of 49 cents per share. This suggests that analysts have very recently bumped up their estimates for CMS, giving the stock a Zacks Earnings ESP of 2.04% heading into earnings season.
Why is this Important?
A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).
Given that CMS has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for CMS Energy, and that a beat might be in the cards for the upcoming report.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CMS ENERGY (CMS): Free Stock Analysis Report To read this article on Zacks.com click here.
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CMS Energy Corporation
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CODE : CMS |
ISIN : US1258961002 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CMS Energy est une société de production minière basée aux Etats-Unis D'Amerique. CMS Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,0 milliards US$ (15,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 avril 2014 à 0,12 US$, et son plus haut niveau récent le 23 avril 2024 à 60,12 US$. CMS Energy possède 282 420 406 actions en circulation. |