$1.89
2.72% day before yesterday
NYSE, Dec 20, 10:10 pm CET
ISIN
US2044096012
Symbol
CIG
Sector
Industry

Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd Target price 2024 - Analyst rating & recommendation

Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd Classifications & Recommendation:

Buy
33%
Hold
56%
Sell
11%

Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd Price Target

Target Price $2.40
Price $1.89
Potential
Number of Estimates 1
1 Analyst has issued a Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd price target 2025. The average Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd target price is $2.40. This is higher than the current stock price.
A rating was issued by 9 analysts: 3 Analysts recommend Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd to buy, 5 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd stock has an average upside potential 2025 of . Most analysts recommend the Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 7.38 6.21
10.56% 15.89%
EBITDA Margin 21.51% 24.51%
4.48% 13.95%
Net Margin 10.32% 12.25%
29.22% 18.66%

7 Analysts have issued a sales forecast Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd 2024 . The average Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd sales estimate is

$6.2b
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. This is
17.03% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$7.0b 6.08%
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, the lowest is
$5.6b 25.42%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $7.4b 10.56%
2024
$6.2b 15.89%
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2025
$6.5b 5.24%
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2026
$6.9b 5.49%
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2027
$6.8b 1.07%
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2028
$7.2b 6.10%
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7 Analysts have issued an Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd EBITDA forecast 2024. The average Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd EBITDA estimate is

$1.5b
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. This is
2.79% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.8b 15.26%
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, the lowest is
$1.3b 16.24%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.6b 15.51%
2024
$1.5b 4.16%
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2025
$1.3b 14.04%
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2026
$1.4b 6.20%
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2027
$1.5b 6.85%
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2028
$1.6b 6.30%
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EBITDA Margin

2023 21.51% 4.48%
2024
24.51% 13.95%
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2025
20.02% 18.32%
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2026
20.15% 0.65%
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2027
21.77% 8.04%
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2028
21.81% 0.18%
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4 Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd Analysts have issued a net profit forecast 2024. The average Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd net profit estimate is

$760m
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. This is
24.65% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$884m 12.38%
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, the lowest is
$675m 33.11%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $762m 42.86%
2024
$760m 0.17%
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2025
$471m 38.01%
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2026
$501m 6.28%
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Net Margin

2023 10.32% 29.22%
2024
12.25% 18.66%
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2025
7.22% 41.06%
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2026
7.27% 0.69%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.40 0.40
42.86% 0.00%
P/E 4.73
EV/Sales 0.81

4 Analysts have issued a Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd forecast for earnings per share. The average Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.40
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. This is
24.53% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.46 13.21%
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, the lowest is
$0.35 33.96%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.40 42.86%
2024
$0.40 0.00%
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2025
$0.25 37.50%
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2026
$0.26 4.00%
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P/E ratio

Current 3.54 25.47%
2024
4.73 33.62%
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2025
7.63 61.31%
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2026
7.18 5.90%
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Based on analysts' sales estimates for 2024, the Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.68 1.45%
2024
0.81 19.82%
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2025
0.77 4.97%
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2026
0.73 5.20%
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2027
0.74 1.08%
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2028
0.70 5.74%
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P/S ratio

Current 0.48 5.62%
2024
0.58 20.51%
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2025
0.55 4.97%
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2026
0.52 5.21%
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2027
0.53 1.07%
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2028
0.50 5.74%
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