CNP stock: buy or sell?

CNP stock price: $24.49 -2.89% At close on February 25th, 2020

Updated on:
February 25th, 2020

3

CenterPoint Energy shares fell -2.89% to $24.49 today. With Tuesday it's been 5 sliding days in a row, loosing $-2.30 (-8.55%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CNP will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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%).

CNP stock chart (daily)

Weekly outlook

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 chart (weekly)

CNP stock price history

CNP stock historical price chart

CNP stock reached all-time highs with a price of $30.12.

CNP stock price target

Predicting 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.
CNP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.44n/a
2017-Q2-n/a0.31n/a
2017-Q32017-11-030.390.38-2.6%
2017-Q42018-02-220.30.3310.0%
2018-Q12018-05-040.440.5525.0%
2018-Q22018-08-030.320.3-6.3%
2018-Q32018-11-080.410.39-4.9%
2018-Q42019-02-280.360.360.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

CNP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$8,120 M-$311 M3.8%-
2014$9,226 M13.62%$611 M6.6%96.46%
2015$7,386 M-19.94%$-692.00 M-9.4%-213.26%
2016$7,528 M1.92%$432 M5.7%-162.43%
2017$9,614 M27.71%$1,792 M18.6%314.81%
2018$10,589 M10.14%$368 M3.5%-79.46%

Quarterly financial results

CenterPoint 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.
CNP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M25.74%$1,296 M49.1%666.86%
2018-Q1$3,155 M19.60%$165 M5.2%-87.27%
2018-Q2$2,186 M-30.71%$-75 M-3.4%-145.45%
2018-Q3$2,212 M1.19%$158 M7.1%-310.67%
2018-Q4$3,036 M37.25%$120 M4.0%-24.05%

CenterPoint Energy ownership

When 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:

CNP
Market cap$12.3 B
Total shares502.2 M
Float shares500.8 M
  - Institutional holdings (%)88.0%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

CNP summary

Tuesday, February 25th, 2020
Open$25.23
Close$24.49
Day range$24.45 - $25.45
Previous close$25.22
Session gain-2.89%
Average true range$0.51
50d mov avg$26.30
100d mov avg$26.54
200d mov avg$27.34
Daily pattern
Weekly pattern

CenterPoint Energy performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare CenterPoint Energy performance to :
Stock3m6m12m
CNPCenterPoint Energ...0.78%-9.56%-15.32%

CenterPoint Energy competitors

Unfortunately, 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.

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