In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $51.93 in the prior trading day, Fortis Inc (NYSE: FTS) closed at $51.7, down -0.44%. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 0.86 million shares were traded. FTS stock price reached its highest trading level at $52.15 during the session, while it also had its lowest trading level at $51.48.
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 26129180672 and an Enterprise Value of 63834181632. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.52, and their Forward P/E ratio for the next fiscal year is 20.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 5.302 whereas that against EBITDA is 11.381.
Stock Price History:
The Beta on a monthly basis for FTS is 0.48, which has changed by 0.23790228 over the last 52 weeks, in comparison to a change of 0.15507638 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 $40.62. The 50-Day Moving Average of the stock is 0.41%, while the 200-Day Moving Average is calculated to be 4.49%.
Shares Statistics:
The stock has traded on average 769.24K shares per day over the past 3-months and 1012750 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 56.15% stake in the company. Shares short for FTS as of 1767139200 were 7015209 with a Short Ratio of 9.12, compared to 1764288000 on 7625116.
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 0.047371462. The stock’s 5-year Average Dividend Yield is 3.83.
Earnings Estimates
At present, 10.0 analysts are actively evaluating the performance of Fortis Inc (FTS) in the stock market.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.
