Consolidated Edison, Inc. (NYSE:ED) went up by 0.31% from its latest closing price when compared to the 1-year high value of $95.10 and move down -23.6%, while ED stocks collected 0.90% of gains with the last five trading sessions. Press Release reported on 07/28/20 that Con Edison To Report 2nd Quarter 2020 Earnings On August 6
Consolidated Edison, Inc. (NYSE:ED) Worth an Investment?
Consolidated Edison, Inc. (NYSE: ED) scored price to earnings ratio above its average ratio, recording 19.79 times of increase in earnings at the present.
ED Market Performance
ED stocks went up by 0.90% for the week, with the monthly jump of 6.97% and a quarterly performance of -2.36%, while its annual performance rate touched -9.44%. The simple moving average for the period of the last 20 days is 4.41% for ED stocks with the simple moving average of -7.54% for the last 200 days.
Analysts’ Opinion on Consolidated Edison, Inc. (NYSE:ED)
Many brokerage firms have already submitted their reports for ED stocks, with BofA/Merrill repeating the rating for ED shares by setting it to “Buy”. The predicted price for ED socks in the upcoming period according to BofA/Merrill is $91 based on the research report published on April 29, 2020.
Mizuho, on the other hand, stated in their research note that they expect to see ED stock at the price of $91, previously predicting the value of $98. The rating they have provided for ED stocks is “Neutral” according to the report published on February 24, 2020.
Guggenheim gave “ Sell” rating to ED stocks, setting the target price at $91 in the report published on January 8, 2020.
ED Stocks 4.61% Far from 50 Day Moving Average
After a stumble in the market that brought ED to its low price for the period of the last 52 weeks, Consolidated Edison, Inc. was unable to take a rebound, for now settling with -19.10% of loss for the given period.
The stock volatility was left at 2.17%, however, within the period of a single month, the volatility rate increased by 2.29%, while the shares surge at the distance of +5.25% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +8.55% upper at the present time.
In the course of the last 5 trading sessions, ED went up by +0.90%, which changed the moving average for the period of 200 days to the total of -15.68% of losses for the stock in comparison to the 20-day moving average settled at $73.88. In addition, Consolidated Edison, Inc. saw -14.96% in overturn over the period of a single year with a tendency to cut further losses.
ED Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Consolidated Edison, Inc. (ED), starting from RESHESKE FRANCES, who bought 1 shares at the price of $74.81 back on Jun 30. After this action, Rushing now owns 52,466 shares of Consolidated Edison, Inc., valued at $98 with the latest closing price.
Nadkarni Gurudatta D, the VP, Strategic Planning of Consolidated Edison, Inc., bought 112 shares at the value of $74.81 during a trade that took place back on Jun 30, which means that Nadkarni Gurudatta D is holding 7,579 shares at the value of $8,401 based on the most recent closing price.
ED Stock Fundamentals
The current profitability levels are settled at +21.13 for the present operating margin and +40.50 for gross margin. The net margin for Consolidated Edison, Inc. stands at +10.70. Total capital return value is set at 6.77, while invested capital returns managed to touch 3.75. Equity return holds the value 7.20%, with 2.30% for asset returns.
Based on Consolidated Edison, Inc. (ED), the company’s capital structure generated 125.06 points for debt to equity in total, while total debt to capital is set at the value of 55.57. Total debt to assets is settled at the value of 38.81 with long-term debt to equity ratio rests at 2.74 and long-term debt to capital is 107.29.
EBITDA value lies at +1.28 B with total debt to EBITDA carrying the value of 5.00. The value for Enterprise to Sales is 4.09 with debt to enterprise value settled at 0.44. The receivables turnover for Consolidated Edison, Inc. is 5.93 with the total asset turnover at the value of 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.