Witnessing the stock’s movement on the chart, on Thursday, Consolidated Edison, Inc (NYSE: ED) set off with pace as it heaved 0.23% to $89.07, before settling in for the price of $88.87 at the close. Taking a more long-term approach, ED posted a 52-week range of $85.85-$107.75.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period 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 5.39%. This publicly-traded company’s shares outstanding now amounts to $346.00 million, simultaneously with a float of $345.80 million. The organization now has a market capitalization sitting at $30.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $99.07, while the 200-day Moving Average is $96.39.
Consolidated Edison, Inc (ED) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Regulated Electric industry. Consolidated Edison, Inc’s current insider ownership accounts for 0.19%, in contrast to 69.03% institutional ownership. According to the most recent insider trade that took place on Dec 16 ’24, this organization’s VP & Controller bought 1 shares at the rate of 92.58, making the entire transaction reach 98 in total value, affecting insider ownership by 1,220. Preceding that transaction, on Sep 16 ’24, Company’s VP & Controller bought 1 for 105.07, making the whole transaction’s value amount to 97. This particular insider is now the holder of 1,203 in total.
Consolidated Edison, Inc (ED) Earnings and Revenue Records
Consolidated Edison, Inc’s EPS increase for this current 12-month fiscal period is 5.39% and is forecasted to reach 5.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.58% 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 0.93. The Stock has managed to achieve an average true range (ATR) of 1.68. Alongside those numbers, its PE Ratio stands at $16.76, and its Beta score is 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.05.
In the same vein, ED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.32, a figure that is expected to reach 0.95 in the next quarter, and analysts are predicting that it will be 5.62 at the market close of one year from today.
Technical Analysis of Consolidated Edison, Inc (ED)
Going through the that latest performance of [Consolidated Edison, Inc, ED]. Its last 5-days volume of 2.46 million indicated improvement to the volume of 1.91 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 5.76% While, its Average True Range was 1.70.
Raw Stochastic average of Consolidated Edison, Inc (ED) in the period of the previous 100 days is set at 3.61%, which indicates a major fall in contrast to 5.61% 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 12.67% that was lower than 16.56% volatility it exhibited in the past 100-days period.
