Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Consolidated Edison, Inc (NYSE: ED) closed the day trading at $103.38 up 1.24% from the previous closing price of $102.11. In other words, the price has increased by $1.24 from its previous closing price. On the day, 2.76 million shares were traded.
Ratios:
For a better understanding of ED, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.05.
On December 12, 2024, Scotiabank Upgraded its rating to Sector Perform which previously was Sector Underperform and also upped its target price recommendation from $90 to $100.
Citigroup Upgraded its Neutral to Buy on October 15, 2024, whereas the target price for the stock was revised from $103 to $116.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’25 when Miller Joseph bought 1 shares for $103.90 per share. The transaction valued at 101 led to the insider holds 3,619 shares of the business.
Miller Joseph bought 1 shares of ED for $98 on Dec 16 ’24. The VP & Controller now owns 1,220 shares after completing the transaction at $92.58 per share. On Sep 16 ’24, another insider, Miller Joseph, who serves as the VP & Controller of the company, bought 1 shares for $105.07 each. As a result, the insider paid 97 and bolstered with 1,203 shares of the company.
Valuation Measures:
As of this moment, Consolidated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.08, and their Forward P/E ratio for the next fiscal year is 17.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 1.56.
Stock Price History:
Over the past 52 weeks, ED has reached a high of $114.87, while it has fallen to a 52-week low of $87.28. The 50-Day Moving Average of the stock is -4.31%, while the 200-Day Moving Average is calculated to be 2.34%.
Shares Statistics:
A total of 360.00M shares are outstanding, with a floating share count of 359.53M. Insiders hold about 0.21% of the company’s shares, while institutions hold 72.12% stake in the company.
