Latest news with #ContactEnergyLimited
Business Insider
09-07-2025
- Business
- Business Insider
Jarden Reaffirms Their Buy Rating on Contact Energy Limited (COENF)
Jarden analyst Grant Swanepoel maintained a Buy rating on Contact Energy Limited yesterday. The company's shares closed last Tuesday at $5.11. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Swanepoel is an analyst with an average return of -6.4% and a 44.83% success rate. The analyst consensus on Contact Energy Limited is currently a Moderate Buy rating. COENF market cap is currently $4.36B and has a P/E ratio of 32.07. Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of COENF in relation to earlier this year.
Business Insider
18-06-2025
- Business
- Business Insider
Jarden Keeps Their Buy Rating on Contact Energy Limited (COENF)
Jarden analyst Grant Swanepoel maintained a Buy rating on Contact Energy Limited (COENF – Research Report) yesterday. The company's shares closed last Tuesday at $5.11. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Swanepoel is an analyst with an average return of -7.4% and a 50.00% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Contact Energy Limited. Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of COENF in relation to earlier this year.
Business Insider
15-05-2025
- Business
- Business Insider
Analysts Offer Insights on Utilities Companies: New Fortress Energy (NFE) and Contact Energy Limited (OtherCOENF)
Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on New Fortress Energy (NFE – Research Report) and Contact Energy Limited (COENF – Research Report). Confident Investing Starts Here: New Fortress Energy (NFE) Morgan Stanley analyst Devin McDermott maintained a Hold rating on New Fortress Energy today and set a price target of $13.00. The company's shares closed last Wednesday at $6.78. According to McDermott is a 5-star analyst with an average return of 10.1% and a 56.6% success rate. McDermott covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Cheniere Energy Partners, and Occidental Petroleum. New Fortress Energy has an analyst consensus of Moderate Buy, with a price target consensus of $11.60. Jarden analyst Grant Swanepoel maintained a Buy rating on Contact Energy Limited on May 12. The company's shares closed last Tuesday at $5.11. According to Swanepoel is ranked #8043 out of 9558 analysts. The the analyst consensus on Contact Energy Limited is currently a Moderate Buy rating.
Yahoo
10-05-2025
- Business
- Yahoo
Investors in Contact Energy (NZSE:CEN) have seen respectable returns of 95% over the past five years
Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Contact Energy Limited (NZSE:CEN) share price is up 50% in the last 5 years, clearly besting the market decline of around 1.3% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 8.7%, including dividends. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, Contact Energy achieved compound earnings per share (EPS) growth of 8.9% per year. So the EPS growth rate is rather close to the annualized share price gain of 8% per year. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. Rather, the share price has approximately tracked EPS growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). This free interactive report on Contact Energy's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Contact Energy's TSR for the last 5 years was 95%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Contact Energy shareholders are up 8.7% for the year (even including dividends). Unfortunately this falls short of the market return. If we look back over five years, the returns are even better, coming in at 14% per year for five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. It's always interesting to track share price performance over the longer term. But to understand Contact Energy better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Contact Energy (of which 1 is concerning!) you should know about. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on New Zealander exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
