Consolidated Edison, Inc. (NYSE: ED) established initial surge of 0.73% at $94.11, before settling in for the price of $93.43 at the close. Taking a more long-term approach, ED posted a 52-week range of $80.46-$100.92.
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In the past 5-years timespan, the Utilities sector firm’s annual sales growth was 3.81%. Meanwhile, its Annual Earning per share during the time was 10.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.77%. This publicly-traded company’s shares outstanding now amounts to $345.00 million, simultaneously with a float of $344.90 million. The organization now has a market capitalization sitting at $32.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $89.35, while the 200-day Moving Average is $90.02.
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 0.18%, in contrast to 67.91% institutional ownership. According to the most recent insider trade that took place on Mar 29 ’24, this organization’s SVP & CFO bought 156 shares at the rate of 90.81, making the entire transaction reach 14,148 in total value, affecting insider ownership by 45,052. Preceding that transaction, on Mar 29 ’24, Company’s Chairman, President & CEO bought 80 for 90.81, making the whole transaction’s value amount to 7,244. This particular insider is now the holder of 86,412 in total.
Consolidated Edison, Inc. (ED) Earnings and Revenue Records
Consolidated Edison, Inc.’s EPS increase for this current 12-month fiscal period is 4.77% and is forecasted to reach 5.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.66% through the next 5 years, which can be compared against the 10.30% 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 0.94. The Stock has managed to achieve an average true range (ATR) of 1.61. Alongside those numbers, its PE Ratio stands at $13.11, and its Beta score is 0.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.22.
In the same vein, ED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.18, a figure that is expected to reach 1.90 in the next quarter, and analysts are predicting that it will be 5.60 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 better the volume of 1.88 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 94.11% While, its Average True Range was 1.68.
Raw Stochastic average of Consolidated Edison, Inc. (ED) in the period of the previous 100 days is set at 92.50%, which indicates a major fall in contrast to 96.41% 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 21.26% that was higher than 18.08% volatility it exhibited in the past 100-days period.
