FirstEnergy Corp. (NYSE:FE) went down by -1.80% from its latest closing price compared to the recent 1-year high of $48.51. The company’s stock price has collected -2.15% of loss in the last five trading sessions. MarketWatch.com reported 6 hours ago that FirstEnergy Corp. stock falls Tuesday, underperforms market
Is It Worth Investing in FirstEnergy Corp. (NYSE :FE) Right Now?
FirstEnergy Corp. (NYSE:FE) scored a price-to-earnings ratio above its average ratio, recording 17.76 x from its present earnings ratio. Plus, the 36-month beta value for FE is at 0.23. Opinions of the stock are interesting as 6 analysts out of 16 who provided ratings for FirstEnergy Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $35.46, which is $3.52 above the current price. FE currently public float of 541.22M and currently shorts hold a 3.51% ratio of that float. Today, the average trading volume of FE was 5.14M shares.
FE’s Market Performance
FE stocks went down by -2.15% for the week, with a monthly jump of 6.66% and a quarterly performance of 22.79%, while its annual performance rate touched -30.66%. The volatility ratio for the week stands at 2.39% while the volatility levels for the past 30 days are set at 3.01% for FirstEnergy Corp.. The simple moving average for the period of the last 20 days is 0.54% for FE stocks with a simple moving average of 0.87% for the last 200 days.
Analysts’ Opinion of FE
Many brokerage firms have already submitted their reports for FE stocks, with Wells Fargo repeating the rating for FE by listing it as a “Underweight.” The predicted price for FE in the upcoming period, according to Wells Fargo is $32 based on the research report published on January 06th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see FE reach a price target of $31, previously predicting the price at $40. The rating they have provided for FE stocks is “Equal Weight” according to the report published on December 01st, 2020.
BofA Securities gave a rating of “Neutral” to FE, setting the target price at $30 in the report published on November 20th of the previous year.
FE Trading at 4.62% from the 50-Day Moving Average
After a stumble in the market that brought FE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.36% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares surge +5.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.15% upper at present.
During the last 5 trading sessions, FE fell by -2.15%, which changed the moving average for the period of 200-days by -17.89% in comparison to the 20-day moving average, which settled at $32.71. In addition, FirstEnergy Corp. saw 7.19% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FE
Current profitability levels for the company are sitting at:
- +20.04 for the present operating margin
- +29.73 for the gross margin
The net margin for FirstEnergy Corp. stands at +9.30. The total capital return value is set at 7.17, while invested capital returns managed to touch 3.55. Equity return is now at value 15.20, with 2.50 for asset returns.
Based on FirstEnergy Corp. (FE), the company’s capital structure generated 342.43 points at debt to equity in total, while total debt to capital is 77.40. Total debt to assets is 55.73, with long-term debt to equity ratio resting at 309.44. Finally, the long-term debt to capital ratio is 69.94.
When we switch over and look at the enterprise to sales, we see a ratio of 3.67, with the company’s debt to enterprise value settled at 0.63. The receivables turnover for the company is 7.90 and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.