Companhia Energetica De Stock Today
| CIG Stock | USD 2.47 0.09 3.52% |
Performance8 of 100
| Odds Of DistressLess than 32
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Companhia Energetica is trading at 2.47 as of the 12th of May 2024. This is a -3.52 percent down since the beginning of the trading day. The stock's lowest day price was 2.42. Companhia Energetica has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Companhia Energetica de are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of March 2024 and ending today, the 12th of May 2024. Click here to learn more.
Business Domain Utilities | IPO Date 18th of November 1996 |
Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil. Comp En operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. The company has 2.86 B outstanding shares of which 1.14 M shares are currently shorted by investors with about 0.39 days to cover. More on Companhia Energetica de
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Moving against Companhia Stock
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Companhia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Companhia Energetica's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Companhia Energetica or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Cledorvino Belini | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [CASH AMER INTL, EQUUS MINING] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Diversified, Utilities, NYSE Composite, Budapest SE, VN All Shares, VN Index, MWIG40, WSE WIG INDEX, VN Small Cap, WIG Tech, Utilities, Electric Utilities, Utilities—Diversified, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Companhia Energetica report their recommendations after researching Companhia Energetica's financial statements, talking to executives and customers, or listening in on Companhia Energetica's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Companhia Energetica. The Companhia consensus assessment is calculated by taking the average forecast from all of the analysts covering Companhia Energetica. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Companhia Energetica's financial statements, Companhia Energetica de may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Companhia Energetica is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Companhia Energetica's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Companhia Energetica's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Companhia Energetica's financial leverage. It provides some insight into what part of Companhia Energetica's total assets is financed by creditors.
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Companhia Energetica de (CIG) is traded on New York Stock Exchange in USA. It is located in Avenida Barbacena, 1200, Belo Horizonte, MG, Brazil, 30190-131 and employs 4,918 people. Companhia Energetica is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Companhia Energetica's market, we take the total number of its shares issued and multiply it by Companhia Energetica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Companhia Energetica runs under Electric Utilities sector within Utilities industry. The entity has 2.86 B outstanding shares of which 1.14 M shares are currently shorted by investors with about 0.39 days to cover.
Companhia Energetica de has about 1.35 B in cash with 6.64 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.65.
Check Companhia Energetica Probability Of Bankruptcy
Ownership AllocationCompanhia Energetica holds a total of 2.86 Billion outstanding shares. Almost 91.0 percent of Companhia Energetica outstanding shares are held by general public with 9.1 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Companhia Ownership Details
Companhia Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Companhia Energetica jumping above the current price in 90 days from now is about 17.8%. The Companhia Energetica de probability density function shows the probability of Companhia Energetica stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0437 suggesting Companhia Energetica de market returns are reactive to returns on the market. As the market goes up or down, Companhia Energetica is expected to follow. Additionally, companhia Energetica de has an alpha of 0.1221, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Companhia Energetica to move above the current price in 90 days from now is about 17.8 (This Companhia Energetica de probability density function shows the probability of Companhia Stock to fall within a particular range of prices over 90 days) .
Companhia Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Companhia Energetica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Companhia Energetica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Companhia Energetica's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 4.1 M | |
| Millennium Management Llc | 2023-12-31 | 3.9 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.5 M | |
| Crossmark Global Holdings, Inc. | 2023-12-31 | 3.3 M | |
| Citigroup Inc | 2023-12-31 | 3.2 M | |
| Two Sigma Investments Llc | 2023-12-31 | 3 M | |
| Citadel Advisors Llc | 2023-09-30 | 2.6 M | |
| Two Sigma Advisers, Llc | 2023-12-31 | 2.2 M | |
| Spx Gestao De Recursos Ltda | 2023-12-31 | 2 M | |
| Blackrock Inc | 2023-12-31 | 17.3 M | |
| Polunin Capital Partners Ltd | 2023-12-31 | 11.8 M |
Companhia Energetica Historical Income Statement
Companhia Energetica de Income Statement is one of the three primary financial statements used for reporting Companhia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Companhia Energetica revenue and expense. Companhia Energetica Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Companhia Energetica's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Companhia Energetica's current Cost Of Revenue is estimated to increase to about 30.7 B, while Selling General Administrative is projected to decrease to roughly 872.2 M. View More FundamentalsCompanhia Stock Against Markets
Picking the right benchmark for Companhia Energetica stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Companhia Energetica stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Companhia Energetica is critical whether you are bullish or bearish towards Companhia Energetica de at a given time. Please also check how Companhia Energetica's historical prices are related to one of the top price index indicators.
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Companhia Energetica Corporate Management
Elected by the shareholders, the Companhia Energetica's board of directors comprises two types of representatives: Companhia Energetica inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Companhia. The board's role is to monitor Companhia Energetica's management team and ensure that shareholders' interests are well served. Companhia Energetica's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Companhia Energetica's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thadeu Silva | Chief Board | Profile | |
| Paulo Guimares | Head Finance | Profile | |
| Jose Magalhaes | Director | Profile | |
| Paulo Silva | Director | Profile | |
| Marco Soligo | Executive Board | Profile |
How to buy Companhia Stock?
Before investing in Companhia Energetica, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Companhia Energetica. To buy Companhia Energetica stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Companhia Energetica. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Companhia Energetica stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Companhia Energetica de stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Companhia Energetica de stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Companhia Energetica de, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Companhia Stock please use our How to Invest in Companhia Energetica guide.
Already Invested in Companhia Energetica de?
The danger of trading Companhia Energetica de is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Companhia Energetica is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Companhia Energetica. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Companhia Energetica is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Companhia Energetica is a strong investment it is important to analyze Companhia Energetica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Companhia Stock analysis
When running Companhia Energetica's price analysis, check to measure Companhia Energetica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Companhia Energetica is operating at the current time. Most of Companhia Energetica's value examination focuses on studying past and present price action to predict the probability of Companhia Energetica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Energetica's price. Additionally, you may evaluate how the addition of Companhia Energetica to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Energetica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Energetica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Energetica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.341 | Dividend Share 1.092 | Earnings Share 0.51 | Revenue Per Share 12.881 | Quarterly Revenue Growth 0.021 |
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.