Essential Utilities Inc (NYSE: WTRG) flaunted slowness of -4.58% at $35.03, before settling in for the price of $36.71 at the close. Taking a more long-term approach, WTRG posted a 52-week range of $32.07-$45.29.
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It was noted that the giant of the Utilities sector posted annual sales growth of 22.11% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 11.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8.00%. This publicly-traded company’s shares outstanding now amounts to $273.30 million, simultaneously with a float of $272.93 million. The organization now has a market capitalization sitting at $9.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.81, while the 200-day Moving Average is $36.70.
Essential Utilities Inc (WTRG) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Essential Utilities Inc industry. Essential Utilities Inc’s current insider ownership accounts for 0.21%, in contrast to 76.49% institutional ownership. According to the most recent insider trade that took place on Apr 01 ’24, this organization’s Chief Accounting Officer sold 5,565 shares at the rate of 37.21, making the entire transaction reach 207,074 in total value, affecting insider ownership by 57,756. Preceding that transaction, on Mar 11 ’24, Company’s Chief Accounting Officer sold 3,551 for 36.00, making the whole transaction’s value amount to 127,836. This particular insider is now the holder of 63,321 in total.
Essential Utilities Inc (WTRG) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.49 earnings per share (EPS) during the time that was less the consensus figure (set at $0.5) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
Essential Utilities Inc’s EPS increase for this current 12-month fiscal period is 8.00% and is forecasted to reach 2.12 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.20% through the next 5 years, which can be compared against the 11.58% growth it accomplished over the previous five years trading on the market.
Essential Utilities Inc (NYSE: WTRG) Trading Performance Indicators
Let’s observe the current performance indicators for Essential Utilities Inc (WTRG). It’s Quick Ratio in the last reported quarter now stands at 0.48. The Stock has managed to achieve an average true range (ATR) of 0.75. Alongside those numbers, its PE Ratio stands at $18.81, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.67.
In the same vein, WTRG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.86, a figure that is expected to reach 0.75 in the next quarter, and analysts are predicting that it will be 2.12 at the market close of one year from today.
Technical Analysis of Essential Utilities Inc (WTRG)
Now, what If we examine the latest scores posted by [Essential Utilities Inc, WTRG]. During the last 5-days, its volume was lower the volume of 1.8 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 38.92% While, its Average True Range was 0.79.
Raw Stochastic average of Essential Utilities Inc (WTRG) in the period of the previous 100 days is set at 21.98%, which indicates a major rise in contrast to 5.22% 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 29.45% that was higher than 22.78% volatility it exhibited in the past 100-days period.
