Witnessing the stock’s movement on the chart, on Wednesday Essential Utilities Inc (NYSE: WTRG) set off with pace as it heaved 0.77% to $36.54, before settling in for the price of $36.26 at the close. Taking a more long-term approach, WTRG posted a 52-week range of $32.07-$44.05.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 22.11%. Meanwhile, its Annual Earning per share during the time was 11.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.68%. 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 $9.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.68, while the 200-day Moving Average is $36.47.
Essential Utilities Inc (WTRG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Regulated Water industry. Essential Utilities Inc’s current insider ownership accounts for 0.21%, in contrast to 76.43% 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
Essential Utilities Inc’s EPS increase for this current 12-month fiscal period is 6.68% 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 0.78. Alongside those numbers, its PE Ratio stands at $19.62, and its Beta score is 0.80. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.87.
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 0.76 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)
Going through the that latest performance of [Essential Utilities Inc, WTRG]. Its last 5-days volume of 2.51 million indicated improvement to the volume of 1.84 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 90.54% While, its Average True Range was 0.80.
Raw Stochastic average of Essential Utilities Inc (WTRG) in the period of the previous 100 days is set at 55.72%, which indicates a major fall in contrast to 92.52% 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 28.73% that was higher than 23.46% volatility it exhibited in the past 100-days period.
