On Friday, Consolidated Edison, Inc (NYSE: ED) was -1.65% drop from the session before settling in for the closing price of $101.68. A 52-week range for ED has been $85.85 – $107.75.
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Utilities Sector giant saw their annual sales surged by 3.81% over the last five years. When this article was written, the company’s average yearly earnings per share was at 4.91%. With a float of $345.49 million, this company’s outstanding shares have now reached $346.15 million.
The firm has a total of 14592 workers. Let’s measure their productivity. In terms of profitability, gross margin is 55.55%, operating margin of 16.9%, and the pretax margin is 14.65%.
Consolidated Edison, Inc (ED) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Consolidated Edison, Inc stocks. The insider ownership of Consolidated Edison, Inc is 0.19%, while institutional ownership is 69.68%. The most recent insider transaction that took place on Sep 16 ’24, was worth 97. In this transaction VP & Controller of this company bought 1 shares at a rate of $105.07, taking the stock ownership to the 1,203 shares. Before that another transaction happened on Jun 14 ’24, when Company’s VP & Controller bought 1 for $90.27, making the entire transaction worth $96. This insider now owns 1,184 shares in total.
Consolidated Edison, Inc (ED) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 4.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.58% 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
You can see what Consolidated Edison, Inc (ED) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.14, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 5.62 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 2.17 million was better than the volume posted last year of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 5.55%. Additionally, its Average True Range was 1.70.
During the past 100 days, Consolidated Edison, Inc’s (ED) raw stochastic average was set at 60.34%, which indicates a significant increase from 5.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.84% in the past 14 days, which was higher than the 16.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.52, while its 200-day Moving Average is $95.15. Now, the first resistance to watch is $101.52. This is followed by the second major resistance level at $103.03. The third major resistance level sits at $104.01. If the price goes on to break the first support level at $99.03, it is likely to go to the next support level at $98.05. Now, if the price goes above the second support level, the third support stands at $96.54.
Consolidated Edison, Inc (NYSE: ED) Key Stats
There are 346,147K outstanding shares of the company, which has a market capitalization of 34.04 billion. As of now, sales total 14,663 M while income totals 2,519 M. Its latest quarter income was 3,220 M while its last quarter net income were 202,000 K.
