Consolidated Edison Inc. (ED) EPS is poised to hit 1.36 next quarter: How Investors Can Make It Count the Most?

Consolidated Edison Inc. (NYSE: ED) flaunted slowness of -2.63% at $68.18, as the Stock market unbolted on February 19, 2021. During the day, the stock rose to $69.6425 and sunk to $67.94 before settling in for the price of $70.02 at the close. Taking a more long-term approach, ED posted a 52-week range of $62.03-$94.65.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

In the past 5-years timespan, the Utilities sector firm’s annual sales growth was -0.50%. Meanwhile, its Annual Earning per share during the time was -4.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -19.50%. This publicly-traded company’s shares outstanding now amounts to $336.90 million, simultaneously with a float of $334.34 million. The organization now has a market capitalization sitting at $23.96 billion. At the time of writing, stock’s 50-day Moving Average stood at $70.75, while the 200-day Moving Average is $74.34.

If we measure the efficiency of the company that is accounted for 14071 employees. It has generated 869,803 per worker during the last fiscal year. Meanwhile, its income per employee was 78,246. The stock had 5.04 Receivables turnover and 0.20 Total Asset turnover. For the Profitability, stocks gross margin was +42.90, operating margin was +21.67 and Pretax Margin of +10.08.

Consolidated Edison Inc. (ED) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Consolidated Edison Inc. industry. Consolidated Edison Inc.’s current insider ownership accounts for 0.10%, in contrast to 64.00% institutional ownership. According to the most recent insider trade that took place on Jan 31, this organization’s President & CEO CET bought 9 shares at the rate of 70.78, making the entire transaction reach 667 in total value, affecting insider ownership by 1,078. Preceding that transaction, on Jan 31, Company’s President & CEO, O&R bought 33 for 70.78, making the whole transaction’s value amount to 2,311. This particular insider is now the holder of 3,957 in total.

Consolidated Edison Inc. (ED) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 12/30/2020, it has been observed that the corporation posted $0.75 earnings per share (EPS) during the time that was less the consensus figure (set at $0.76) by -$0.01. This company achieved a net margin of +9.00 while generating a return on equity of 5.97. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.

Consolidated Edison Inc.’s EPS decrease for this current 12-month fiscal period is -19.50% and is forecasted to reach 4.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.77% through the next 5 years, which can be compared against the -4.10% growth it accomplished over the previous five years trading on the market.

Consolidated Edison Inc. (NYSE: ED) Trading Performance Indicators

Let’s observe the current performance indicators for Consolidated Edison Inc. (ED). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 1.39. Alongside those numbers, its PE Ratio stands at $16.86, and its Beta score is 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.96. Similarly, its price to free cash flow for trailing twelve months is now 19.64.

In the same vein, ED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.04, a figure that is expected to reach 1.36 in the next quarter, and analysts are predicting that it will be 4.60 at the market close of one year from today.

Technical Analysis of Consolidated Edison Inc. (ED)

Now, what If we examine the latest scores posted by [Consolidated Edison Inc., ED]. During the last 5-days, its volume was lower the volume of 2.66 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 17.02% While, its Average True Range was 1.32.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Raw Stochastic average of Consolidated Edison Inc. (ED) in the period of the previous 100 days is set at 7.41%, which indicates a major rise in contrast to 5.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 15.76% that was lower than 21.67% volatility it exhibited in the past 100-days period.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Recent Articles

The Facts You Need to Know about Itron Inc. (ITRI) Moving Forward

Itron, Inc. (NASDAQ: ITRI) released a positive update for the fourth quarter and full-year 2020. This quarter was highlighted by a record portfolio of...

One stock you can’t skip: Bionano Genomics Inc. [BNGO]

Bionano Genomics Inc. (BNGO) stock prices have grown nearly 1,000% in the past 12 months. Despite this, some analysts feel that the shares have...

What the sentiment indicator is Signaling: CEVA Inc (CEVA)

CEVA, Inc. (NASDAQ: CEVA) reported its fourth-quarter report on Tuesday, February 16; the company signed 21 new agreements generating record revenues. CEVA provides OEMs with...

A Stock Check: Which direction Pinterest Inc (PINS) will move from here?

The social networking company Pinterest Inc (PINS) rose 226% in the past year. If the price has increased significantly, is it worthwhile to acquire...

Why Should Synaptics Incorporated (SYNA) Be On Your Radar?

Growing demand for laptops has allowed Synaptics Inc. (NASDAQ: SYNA) to expand its touchpad sales. The company becomes a technology leader in its narrow...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.