Consolidated Edison, Inc. (NYSE: ED) on Tuesday, soared 0.46% from the previous trading day, before settling in for the closing price of $93.97. Within the past 52 weeks, ED’s price has moved between $80.46 and $100.44.
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Utilities Sector giant saw their annual sales surged by 3.81% over the last five years. The company achieved an average annual earnings per share of 4.77%. With a float of $344.90 million, this company’s outstanding shares have now reached $345.00 million.
The firm has a total of 14592 workers. Let’s measure their productivity.
Consolidated Edison, Inc. (ED) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Consolidated Edison, Inc. is 0.18%, while institutional ownership is 67.86%. The most recent insider transaction that took place on Mar 29 ’24, was worth 14,148. In this transaction SVP & CFO of this company bought 156 shares at a rate of $90.81, taking the stock ownership to the 45,052 shares. Before that another transaction happened on Mar 29 ’24, when Company’s Chairman, President & CEO bought 80 for $90.81, making the entire transaction worth $7,244. This insider now owns 86,412 shares in total.
Consolidated Edison, Inc. (ED) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 4.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.66% during the next five years compared to 10.30% growth over the previous five years of trading.
Consolidated Edison, Inc. (NYSE: ED) Trading Performance Indicators
Consolidated Edison, Inc. (ED) is currently performing well based on its current performance indicators. A quick ratio of 0.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.18, a number that is poised to hit 1.90 in the next quarter and is forecasted to reach 5.60 in one year’s time.
Technical Analysis of Consolidated Edison, Inc. (ED)
Analysing the last 5-days average volume posted by the [Consolidated Edison, Inc., ED], we can find that recorded value of 2.1 million was better than the volume posted last year of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 88.03%. Additionally, its Average True Range was 1.61.
During the past 100 days, Consolidated Edison, Inc.’s (ED) raw stochastic average was set at 94.89%, which indicates a significant increase from 93.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.72% in the past 14 days, which was higher than the 18.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.73, while its 200-day Moving Average is $90.03. Now, the first resistance to watch is $95.25. This is followed by the second major resistance level at $96.09. The third major resistance level sits at $97.33. If the price goes on to break the first support level at $93.17, it is likely to go to the next support level at $91.93. Now, if the price goes above the second support level, the third support stands at $91.09.
Consolidated Edison, Inc. (NYSE: ED) Key Stats
Market capitalization of the company is 32.62 billion based on 345,510K outstanding shares. Right now, sales total 14,663 M and income totals 2,519 M. The company made 3,444 M in profit during its latest quarter, and 334,000 K in sales during its previous quarter.
