Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Essential Utilities Inc (NYSE: WTRG) closed at $37.42 down -4.35% from its previous closing price of $39.12. In other words, the price has decreased by -$4.35 from its previous closing price. On the day, 1.68 million shares were traded.
Ratios:
For a deeper understanding of Essential Utilities Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.17.
On January 07, 2025, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $43 to $39.
Jefferies Downgraded its Buy to Hold on November 07, 2024, whereas the target price for the stock was revised from $44 to $41.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 14 ’25 when Franklin Chris sold 7,700 shares for $39.40 per share. The transaction valued at 303,380 led to the insider holds 32,229 shares of the business.
Chris Franklin bought 7,700 shares of WTRG for $303,380 on Mar 14 ’25. On Jul 01 ’24, another insider, RUBIN ROBERT A, who serves as the Chief Accounting Officer of the company, sold 2,342 shares for $37.43 each. As a result, the insider received 87,661 and left with 53,391 shares of the company.
Valuation Measures:
As of this moment, Essential’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.79, and their Forward P/E ratio for the next fiscal year is 16.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 1.60.
Stock Price History:
Over the past 52 weeks, WTRG has reached a high of $41.78, while it has fallen to a 52-week low of $33.18. The 50-Day Moving Average of the stock is -5.50%, while the 200-Day Moving Average is calculated to be -2.74%.
Shares Statistics:
A total of 276.67M shares are outstanding, with a floating share count of 274.77M. Insiders hold about 0.27% of the company’s shares, while institutions hold 80.22% stake in the company.
