Consolidated Edison, Inc (NYSE: ED) on Friday, soared 2.24% from the previous trading day, before settling in for the closing price of $102.01. Within the past 52 weeks, ED’s price has moved between $87.28 and $114.87.
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Annual sales at Utilities sector company grew by 4.29% over the past five years. The company achieved an average annual earnings per share of 4.20%. With a float of $359.52 million, this company’s outstanding shares have now reached $360.00 million.
Let’s look at the performance matrix of the company that is accounted for 15097 employees. In terms of profitability, gross margin is 64.54%, operating margin of 17.64%, and the pretax margin is 14.37%.
Consolidated Edison, Inc (ED) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Consolidated Edison, Inc is 0.21%, while institutional ownership is 72.26%. The most recent insider transaction that took place on Mar 14 ’25, was worth 101. In this transaction VP & Controller of this company bought 1 shares at a rate of $103.90, taking the stock ownership to the 3,619 shares. Before that another transaction happened on Dec 16 ’24, when Company’s VP & Controller bought 1 for $92.58, making the entire transaction worth $98. This insider now owns 1,220 shares in total.
Consolidated Edison, Inc (ED) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 4.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.54% during the next five years compared to 5.15% 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 1.19 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 2.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.42, a number that is poised to hit 0.63 in the next quarter and is forecasted to reach 6.01 in one year’s time.
Technical Analysis of Consolidated Edison, Inc (ED)
Consolidated Edison, Inc (NYSE: ED) saw its 5-day average volume 3.61 million, a positive change from its year-to-date volume of 2.89 million. As of the previous 9 days, the stock’s Stochastic %D was 29.13%. Additionally, its Average True Range was 2.65.
During the past 100 days, Consolidated Edison, Inc’s (ED) raw stochastic average was set at 61.65%, which indicates a significant increase from 41.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.31% in the past 14 days, which was higher than the 24.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $108.24, while its 200-day Moving Average is $100.87. Nevertheless, the first resistance level for the watch stands at $105.25 in the near term. At $106.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $107.98. If the price goes on to break the first support level at $102.52, it is likely to go to the next support level at $100.74. The third support level lies at $99.79 if the price breaches the second support level.
Consolidated Edison, Inc (NYSE: ED) Key Stats
Market capitalization of the company is 37.58 billion based on 360,296K outstanding shares. Right now, sales total 15,256 M and income totals 1,820 M. The company made 4,798 M in profit during its latest quarter, and 791,000 K in sales during its previous quarter.
