Firstenergy Corp (NYSE: FE) has experienced a decline in its stock price by -2.14 compared to its previous closing price of 40.28. However, the company has seen a gain of 0.64% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-19 that FirstEnergy Corp. is a major regulated electric utility serving 6 million customers across the Midwest and Mid-Atlantic, with a $47.52 billion enterprise value. Despite a 10.50% stock rise, FirstEnergy underperformed the S&P 500 and U.S. Utilities Index over 14 months, which saw over 30% gains in the same period. FirstEnergy’s $26 billion capital spending plan (2024-2028) aims to meet rising electricity demand, especially from AI data centers, promising future revenue growth.
Is It Worth Investing in Firstenergy Corp (NYSE: FE) Right Now?
Firstenergy Corp (NYSE: FE) has a higher price-to-earnings ratio of 25.46x compared to its average ratio, The 36-month beta value for FE is at 0.51. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for FE is 575.49M, and currently, shorts hold a 1.81% of that float. The average trading volume for FE on January 23, 2025 was 2.79M shares.
FE’s Market Performance
FE stock saw an increase of 0.64% in the past week, with a monthly gain of 0.72% and a quarterly increase of -9.71%. The volatility ratio for the week is 1.65%, and the volatility levels for the last 30 days are 1.50% for Firstenergy Corp (FE). The simple moving average for the past 20 days is -0.51% for FE’s stock, with a -3.54% simple moving average for the past 200 days.
Analysts’ Opinion of FE
Many brokerage firms have already submitted their reports for FE stocks, with Scotiabank repeating the rating for FE by listing it as a “Sector Outperform.” The predicted price for FE in the upcoming period, according to Scotiabank is $50 based on the research report published on December 12, 2024 of the previous year 2024.
Jefferies gave a rating of “Hold” to FE, setting the target price at $46 in the report published on October 14th of the previous year.
FE Trading at -2.77% 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 -12.34% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares surge +0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.19% lower at present.
During the last 5 trading sessions, FE rose by +0.64%, which changed the moving average for the period of 200-days by +3.00% in comparison to the 20-day moving average, which settled at $39.62. In addition, Firstenergy Corp saw -0.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FE starting from Walker Christine, who proposed sale 6,000 shares at the price of $44.10 back on Sep 12 ’24. After this action, Walker Christine now owns shares of Firstenergy Corp, valued at $264,601 using the latest closing price.
Stock Fundamentals for FE
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.47 for the gross margin
The net margin for Firstenergy Corp stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 7.79, with 1.82 for asset returns.
Based on Firstenergy Corp (FE), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is 2.24.
Currently, EBITDA for the company is 3.73 billion with net debt to EBITDA at 6.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.42. The receivables turnover for the company is 7.55for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.56.
Conclusion
In conclusion, Firstenergy Corp (FE) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
