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The price of Fortis Inc (NYSE: FTS) closed at $51.92 in the last session, up 1.13% from day before closing price of $51.34. In other words, the price has increased by $1.13 from its previous closing price. On the day, 0.77 million shares were traded. FTS stock price reached its highest trading level at $51.95 during the session, while it also had its lowest trading level at $51.47.
Ratios:
We take a closer look at FTS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTS now has a Market Capitalization of 26240366592 and an Enterprise Value of 63945367552. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.61, and their Forward P/E ratio for the next fiscal year is 20.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 5.311 whereas that against EBITDA is 11.4.
Stock Price History:
The Beta on a monthly basis for FTS is 0.48, which has changed by 0.14521527 over the last 52 weeks, in comparison to a change of 0.1177547 over the same period for the S&P500. Over the past 52 weeks, FTS has reached a high of $52.83, while it has fallen to a 52-week low of $40.32. The 50-Day Moving Average of the stock is 2.14%, while the 200-Day Moving Average is calculated to be 7.51%.
Shares Statistics:
According to the various share statistics, FTS traded on average about 665.17K shares per day over the past 3-months and 1012270 shares per day over the past 10 days. A total of 505.30M shares are outstanding, with a floating share count of 504.25M. Insiders hold about 0.23% of the company’s shares, while institutions hold 55.99% stake in the company. Shares short for FTS as of 1763078400 were 11048860 with a Short Ratio of 16.61, compared to 1760486400 on 8144095.
Dividends & Splits
The forward annual dividend rate for FTS is 1.77, which was 2.46 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.047915857. The stock’s 5-year Average Dividend Yield is 3.84.
Earnings Estimates
. The current market rating for Fortis Inc (FTS) reflects the collective analysis of 10.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.72, with high estimates of $0.72 and low estimates of $0.72.
Analysts are recommending an EPS of between $2.53 and $2.44 for the fiscal current year, implying an average EPS of $2.47. EPS for the following year is $2.55, with 15.0 analysts recommending between $2.66 and $2.51.
Revenue Estimates
According to 1 analysts, . The current quarter’s revenue is expected to be $3.61B. It ranges from a high estimate of $3.61B to a low estimate of $3.61B. As of . The current estimate, Fortis Inc’s year-ago sales were $2.95BFor the next quarter, 1 analysts are estimating revenue of $3.56B. There is a high estimate of $3.56B for the next quarter, whereas the lowest estimate is $3.56B.
A total of 8 analysts have provided revenue estimates for FTS’s current fiscal year. The highest revenue estimate was $14.25B, while the lowest revenue estimate was $12.03B, resulting in an average revenue estimate of $12.64B. In the same quarter a year ago, actual revenue was $11.51BBased on 9 analysts’ estimates, the company’s revenue will be $13.16B in the next fiscal year. The high estimate is $14.82B and the low estimate is $12.24B.
