Companhia Energetica De Stock Today

CIG Stock  USD 2.51  0.04  1.62%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Companhia Energetica is trading at 2.51 as of the 28th of March 2024. This is a 1.62 percent up since the beginning of the trading day. The stock's lowest day price was 2.43. Companhia Energetica has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 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 28th of January 2024 and ending today, the 28th of March 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 2.2 B outstanding shares of which 1.53 M shares are currently shorted by investors with about 0.61 days to cover. More on Companhia Energetica De

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.
Deputy CEOMateus Gomes
Thematic IdeaUtilities (View all Themes)
Old Names[CASH AMER INTL, EQUUS MINING]
Business ConcentrationElectric Utilities, Utilities - Diversified, Utilities, NYSE Composite, Budapest SE, WSE WIG INDEX, WIG Tech, MWIG40, 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 is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Companhia Energetica is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04220.0686
Way Down
Very volatile
Asset Turnover0.360.58
Way Down
Slightly volatile
Gross Profit Margin0.220.23
Sufficiently Down
Slightly volatile
Net Debt9.5 B10.9 B
Fairly Down
Pretty Stable
Total Current Liabilities8.9 B12.9 B
Way Down
Pretty Stable
Non Current Liabilities Total14.8 B23.8 B
Way Down
Slightly volatile
Total Assets36.9 B61.7 B
Way Down
Slightly volatile
Total Current Assets9.1 B15.5 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB7.6 B
Sufficiently Up
Slightly volatile
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Companhia Energetica's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Companhia Energetica deploys its capital and how much of that capital is borrowed.
Liquidity
Companhia Energetica cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 10.93 B in debt with debt to equity (D/E) ratio of 0.56, which is OK given its current industry classification. Companhia Energetica has a current ratio of 1.23, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Companhia Energetica until it has trouble settling it off, either with new capital or with free cash flow. So, Companhia Energetica's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Companhia Energetica sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Companhia to invest in growth at high rates of return. When we think about Companhia Energetica's use of debt, we should always consider it together with cash and equity.

Stock Based Compensation

(447.93 Million)
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 67 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 5.86 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 2.2 B outstanding shares of which 1.53 M shares are currently shorted by investors with about 0.61 days to cover. Companhia Energetica De has about 1.35 B in cash with 6.61 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 Allocation
Companhia Energetica retains a total of 2.2 Billion outstanding shares. Almost 88.0 percent of Companhia Energetica outstanding shares are held by general public with 12.22 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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 near 1%. 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 Companhia Energetica has a beta of 0.7302 suggesting as returns on the market go up, Companhia Energetica average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Companhia Energetica De will be expected to be much smaller as well. Additionally, companhia Energetica De has an alpha of 0.1144, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 2.51HorizonTargetOdds Above 2.51
99.72%90 days
 2.51 
0.27%
Based on a normal probability distribution, the odds of Companhia Energetica to move above the current price in 90 days from now is near 1 (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.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-12-31
4.1 M
Millennium Management Llc2023-12-31
3.9 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.5 M
Crossmark Global Holdings, Inc.2023-12-31
3.3 M
Citigroup Inc2023-12-31
3.2 M
Two Sigma Investments Llc2023-12-31
M
Citadel Advisors Llc2023-09-30
2.6 M
Two Sigma Advisers, Llc2023-12-31
2.2 M
Spx Equities Gestao De Recursos Ltda2023-12-31
M
Blackrock Inc2023-12-31
17.3 M
Polunin Capital Partners Ltd2023-12-31
11.8 M
View Companhia Energetica Diagnostics

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 Total Revenue is most likely to increase significantly in the upcoming years. The Companhia Energetica's current Other Operating Expenses is estimated to increase to about 35.6 B, while Gross Profit is projected to decrease to roughly 5.7 B. View More Fundamentals

Companhia 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Companhia Energetica without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Companhia Energetica Corporate Directors

Companhia Energetica corporate directors refer to members of a Companhia Energetica board of directors. The board of directors generally takes responsibility for the Companhia Energetica's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Companhia Energetica's board members must vote for the resolution. The Companhia Energetica board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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
Earnings Share
0.48
Revenue Per Share
16.749
Quarterly Revenue Growth
0.021
Return On Assets
0.0781
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.