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After finishing at $51.46 in the prior trading day, Fortis Inc (NYSE: FTS) closed at $51.19, down -0.52%. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 0.93 million shares were traded. FTS stock price reached its highest trading level at $51.73 during the session, while it also had its lowest trading level at $51.08.
Ratios:
Our goal is to gain a better understanding of FTS by taking a closer look at its different ratios. 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 25871425536 and an Enterprise Value of 63576424448. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.30, and their Forward P/E ratio for the next fiscal year is 19.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 5.28 whereas that against EBITDA is 11.335.
Stock Price History:
The Beta on a monthly basis for FTS is 0.48, which has changed by 0.2615837 over the last 52 weeks, in comparison to a change of 0.19182634 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 -0.32%, while the 200-Day Moving Average is calculated to be 3.88%.
Shares Statistics:
The stock has traded on average 751.56K shares per day over the past 3-months and 830660 shares per day over the last 10 days, according to various share statistics. 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 55.97% stake in the company. Shares short for FTS as of 1765756800 were 7625116 with a Short Ratio of 11.12, compared to 1763078400 on 11497264.
Dividends & Splits
In the trailing 12 months, FTS’s forward annual dividend rate was 2.46, compared to 1.77 this year. Against a Trailing Annual Dividend Yield of 0.04780412. The stock’s 5-year Average Dividend Yield is 3.83.
Earnings Estimates
The market rating for Fortis Inc (FTS) is a result of the insights provided by 10.0 analysts actively involved in the assessment.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 $2.58 and $2.45 for the fiscal current year, implying an average EPS of $2.49. EPS for the following year is $2.57, with 15.0 analysts recommending between $2.69 and $2.51.
Revenue Estimates
1 analysts predict $3.59B in revenue. The current quarter. It ranges from a high estimate of $3.59B to a low estimate of $3.59B. 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 $13.17B in the next fiscal year. The high estimate is $14.82B and the low estimate is $12.24B.
