CNP stock: buy or sell?
February 25th, 2020
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies.
Should I buy CNP stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, CenterPoint Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is CenterPoint Energy stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for CNP stock for the last 30 days.
CNP stock analysis
CenterPoint Energy shares fell -2.89% to $24.49 today.
Shares of CenterPoint Energy fell a terrifying -2.89% and closed at $24.49. Since price and SMA200d lines crossed down on October, CNP fell $-4.40 per share (-15.23%).
After sliding a frightening -6.41% in a week last week, CenterPoint Energy closed this week at $24.49 and eased a rough -3.09%.
Since late October 2019, when CNP stock price broke down the 40-weeks moving avarage line, it slid $-4.40 per share (-15.23%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
CNP stock price history
CNP stock historical price chart
CNP stock reached all-time highs with a price of $30.12.
CNP stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for CenterPoint Energy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, CenterPoint Energy presented its financial report, close to analysts' consensus and posted a $0.36 Earnings per Share. As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, CenterPoint Energy annual sales climbed a wonderful 10.14% to $10,589.00 million USD from $9,614.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) plummed a -15.16% to 3.48%.
|2013||$8,120 M||-||$311 M3.8%||-|
|2014||$9,226 M||13.62%||$611 M6.6%||96.46%|
|2015||$7,386 M||-19.94%||$-692.00 M-9.4%||-213.26%|
|2016||$7,528 M||1.92%||$432 M5.7%||-162.43%|
|2017||$9,614 M||27.71%||$1,792 M18.6%||314.81%|
|2018||$10,589 M||10.14%||$368 M3.5%||-79.46%|
Quarterly financial resultsCenterPoint Energy posted $3,036.00 million in sales for 2018-Q4, a 37.25% up compared to previous quarter. Reported quarter income marked $120.00 M with a profit margin of 3.95%. Profit margin depreciated a -3.19% compared to previous quarter when profit margin was 7.14%. When comparing revenues to same quarter last year, CenterPoint Energy sales marked an exceptional gain and skyrocketed a 15.09%. Looking back to recent quarterly results, CenterPoint Energy posted 2 positive quarters in a row.
|2017-Q1||$2,640 M||-||$192 M7.3%||-|
|2017-Q2||$2,110 M||-20.08%||$135 M6.4%||-29.69%|
|2017-Q3||$2,098 M||-0.57%||$169 M8.1%||25.19%|
|2017-Q4||$2,638 M||25.74%||$1,296 M49.1%||666.86%|
|2018-Q1||$3,155 M||19.60%||$165 M5.2%||-87.27%|
|2018-Q2||$2,186 M||-30.71%||$-75 M-3.4%||-145.45%|
|2018-Q3||$2,212 M||1.19%||$158 M7.1%||-310.67%|
|2018-Q4||$3,036 M||37.25%||$120 M4.0%||-24.05%|
CenterPoint Energy ownershipWhen you are planning to invest in shares of a company, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For CenterPoint Energy, 0.20% of all outstanding shares are owned by its staff.
Bearish positions for CNP stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to CenterPoint Energy:
|Market cap||$12.3 B|
|Total shares||502.2 M|
|Float shares||500.8 M|
|- Institutional holdings (%)||88.0%|
|- Insider holdings (%)||0.2%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$24.45 - $25.45|
|Average true range||$0.51|
|50d mov avg||$26.30|
|100d mov avg||$26.54|
|200d mov avg||$27.34|
CenterPoint Energy performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare CenterPoint Energy performance to :
CenterPoint Energy competitorsUnfortunately, we could not find any public company that could be defined as CenterPoint Energy competitor. This doesn't mean CenterPoint Energy does not have any competitor in the market, it's just we could not detected it.
Latest CNP stock news
- InvestorPlace3 Big Stock Charts for Monday: CenterPoint Energy, McKesson and Coca-ColaJune 10, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: Kimco Realty, Take-Two Interactive and CenterPoint EnergyMay 15, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: CenterPoint Energy, Prologis and Mohawk IndustriesJanuary 23, 2019
- InvestorPlace3 Stock Charts for Monday: Gap, CenterPoint Energy and Boston ScientificJanuary 7, 2019
- InvestorPlace3 Big Stock Charts for Monday: Oracle, Dollar Tree and CenterPoint EnergyDecember 31, 2018