Firstenergy Corp. (NYSE: FE) kicked off on Friday, down -1.54% from the previous trading day, before settling in for the closing price of $44.09. Over the past 52 weeks, FE has traded in a range of $34.91-$44.97.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 2.83%. While this was happening, its average annual earnings per share was recorded 5.52%. With a float of $575.08 million, this company’s outstanding shares have now reached $575.92 million.
The extent of productivity of a business whose workforce counts for 12042 workers is very important to gauge. In terms of profitability, gross margin is 44.83%, operating margin of 17.19%, and the pretax margin is 9.86%.
Firstenergy Corp. (FE) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Firstenergy Corp. is 0.15%, while institutional ownership is 89.45%. The most recent insider transaction that took place on Sep 12 ’24, was worth 264,601. Before that another transaction happened on Nov 27 ’23, when Company’s SVP, CHRO & Corporate Services sold 12,500 for $37.58, making the entire transaction worth $469,781. This insider now owns 36,959 shares in total.
Firstenergy Corp. (FE) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.88 earnings per share (EPS), higher than consensus estimate (set at 0.85) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.75% during the next five years compared to 11.68% growth over the previous five years of trading.
Firstenergy Corp. (NYSE: FE) Trading Performance Indicators
Take a look at Firstenergy Corp.’s (FE) current performance indicators. Last quarter, stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.52, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 2.89 in one year’s time.
Technical Analysis of Firstenergy Corp. (FE)
The latest stats from [Firstenergy Corp., FE] show that its last 5-days average volume of 2.3 million was inferior to 2.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.91%. Additionally, its Average True Range was 0.60.
During the past 100 days, Firstenergy Corp.’s (FE) raw stochastic average was set at 77.61%, which indicates a significant increase from 52.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.34% in the past 14 days, which was higher than the 12.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.66, while its 200-day Moving Average is $39.89. Now, the first resistance to watch is $44.06. This is followed by the second major resistance level at $44.71. The third major resistance level sits at $45.07. If the price goes on to break the first support level at $43.06, it is likely to go to the next support level at $42.70. The third support level lies at $42.05 if the price breaches the second support level.
Firstenergy Corp. (NYSE: FE) Key Stats
The company with the Market Capitalisation of 25.00 billion has total of 575,516K Shares Outstanding. Its annual sales at the moment are 12,870 M in contrast with the sum of 1,102 M annual income. Company’s last quarter sales were recorded 3,280 M and last quarter income was 45,000 K.
