Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $112.52 in the prior trading day, Consolidated Edison, Inc (NYSE: ED) closed at $111.29, down -1.09%. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 2.39 million shares were traded. ED stock price reached its highest trading level at $112.47 during the session, while it also had its lowest trading level at $110.8.
Ratios:
Our goal is to gain a better understanding of ED by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Scotiabank on December 12, 2024, Upgraded its rating to Sector Perform and sets its target price to $100 from $90 previously.
On October 15, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $103 to $116.
On October 09, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $108.Jefferies initiated its Hold rating on October 09, 2024, with a $108 target price.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ED now has a Market Capitalization of 40086659072 and an Enterprise Value of 65090539520. As of this moment, Consolidated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.23, and their Forward P/E ratio for the next fiscal year is 18.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 4.267 whereas that against EBITDA is 11.97.
Stock Price History:
The Beta on a monthly basis for ED is 0.27, which has changed by 0.19756806 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. 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 5.66%, while the 200-Day Moving Average is calculated to be 11.59%.
Shares Statistics:
The stock has traded on average 2.97M shares per day over the past 3-months and 2328950 shares per day over the last 10 days, according to various share statistics. A total of 360.20M shares are outstanding, with a floating share count of 359.43M. Insiders hold about 0.21% of the company’s shares, while institutions hold 69.76% stake in the company. Shares short for ED as of 1743379200 were 8422839 with a Short Ratio of 2.84, compared to 1740700800 on 16785769. Therefore, it implies a Short% of Shares Outstanding of 8422839 and a Short% of Float of 3.06.
Dividends & Splits
In the trailing 12 months, ED’s forward annual dividend rate was 3.32, compared to 3.34 this year. Against a Trailing Annual Dividend Yield of 0.029505866The stock’s 5-year Average Dividend Yield is 3.66. The current Payout Ratio is 63.35% for ED, which recently paid a dividend on 2025-02-19 with an ex-dividend date of 1747180800. Stock splits for the company last occurred on 1989-07-03 when the company split stock in a 2:1 ratio.
