As on Wednesday, Essential Utilities Inc (NYSE: WTRG) started slowly as it slid -0.49% to $40.29, before settling in for the price of $40.49 at the close. Taking a more long-term approach, WTRG posted a 52-week range of $32.42-$41.78.
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In the past 5-years timespan, the Utilities sector firm’s annual sales growth 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 4.70%. This publicly-traded company’s shares outstanding now amounts to $273.30 million, simultaneously with a float of $273.08 million. The organization now has a market capitalization sitting at $11.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $39.10, while the 200-day Moving Average is $37.72.
Essential Utilities Inc (WTRG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Water industry. Essential Utilities Inc’s current insider ownership accounts for 0.22%, in contrast to 80.11% institutional ownership. According to the most recent insider trade that took place on Jul 01 ’24, this organization’s Chief Accounting Officer sold 2,342 shares at the rate of 37.43, making the entire transaction reach 87,661 in total value, affecting insider ownership by 53,391. Preceding that transaction, on May 01 ’24, Company’s Chief Accounting Officer sold 2,023 for 36.56, making the whole transaction’s value amount to 73,961. This particular insider is now the holder of 13,358 in total.
Essential Utilities Inc (WTRG) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.
Essential Utilities Inc’s EPS increase for this current 12-month fiscal period is 4.70% and is forecasted to reach 2.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.20% 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 0.44. The Stock has managed to achieve an average true range (ATR) of 0.63. Alongside those numbers, its PE Ratio stands at $19.74, and its Beta score is 0.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.69.
In the same vein, WTRG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.04, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 2.14 at the market close of one year from today.
Technical Analysis of Essential Utilities Inc (WTRG)
Through scrutinizing the latest numbers posted by the [Essential Utilities Inc, WTRG], it can be observed that its last 5-days Average volume of 1.05 million was lower the volume of 1.53 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 83.27% While, its Average True Range was 0.64.
Raw Stochastic average of Essential Utilities Inc (WTRG) in the period of the previous 100 days is set at 72.10%, which indicates a major fall in contrast to 82.92% 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 14.58% that was lower than 18.25% volatility it exhibited in the past 100-days period.
