Centerpoint Energy, a company from the “multi-utility programs” market, is currently (as of 10:56 a.m.) almost unchanged at USD 29.78 (+0.07 percent), the company’s home stock exchange is New York.
In order to evaluate this course, we put Centerpoint Energy through a multi-stage analysis process. This results in assessments as to whether Centerpoint Energy should be classified as “buy”, “hold” or “sell”. A final consolidation of these assessments results in the overall assessment.
1. Dividend: With a dividend yield of 2.37 percent, Centerpoint Energy is 1.51 percent below the industry average. The Multi-Utilities industry has an average dividend yield of 3.88. From today’s perspective, the share is therefore rather an unprofitable investment and receives a “Sell” rating from the editors.
2. Fundamental: Centerpoint Energy’s current price-to-earnings (P/E) ratio is 26.19. The stock is therefore below average (about 35 percent) compared to values from the “multi-utility” sector (P/E of 40.3). From a fundamental point of view, Centerpoint Energy is therefore undervalued and consequently receives a “buy” rating at this level.
3. Technical Analysis: A look at the technical development of a stock using the moving average can be used to determine the current trend of the security. Let’s look at the moving average of the closing price of Centerpoint Energy stock from the last 200 trading days. This value is currently $30.25. The last closing price (USD 29.78) is at a similar level (difference -1.55 percent). On this basis, we rate the stock as “Hold”. What does this calculation look like if you determine the moving average based on the last 50 trading days? For this one ($30.4), the last close is also close to the moving average (-2.04 percent deviation). The Centerpoint Energy share is therefore also given a “hold” rating on this shorter-term basis. The Centerpoint Energy share is therefore provided with a “Hold” rating for the simple chart technique.
Buy, hold or sell – your CenterPoint Energy analysis dated 05.02. gives the answer:
How will CenterPoint Energy develop now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest CenterPoint Energy analysis.