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The price of Fortis Inc (NYSE: FTS) closed at $51.09 in the last session, down -1.18% from day before closing price of $51.7. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 0.6 million shares were traded. FTS stock price reached its highest trading level at $51.9 during the session, while it also had its lowest trading level at $50.91.
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 25820887040 and an Enterprise Value of 63525888000. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.26, and their Forward P/E ratio for the next fiscal year is 20.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 5.276 whereas that against EBITDA is 11.326.
Stock Price History:
The Beta on a monthly basis for FTS is 0.48, which has changed by 0.15170419 over the last 52 weeks, in comparison to a change of 0.12415576 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 -0.06%, while the 200-Day Moving Average is calculated to be 5.36%.
Shares Statistics:
According to the various share statistics, FTS traded on average about 668.92K shares per day over the past 3-months and 930270 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 56.01% stake in the company. Shares short for FTS as of 1763078400 were 11048860 with a Short Ratio of 16.52, 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 0.047582205. The stock’s 5-year Average Dividend Yield is 3.83.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 10.0 analysts currently analyzing and rating the stock of Fortis Inc (FTS).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.
