Consolidated Edison, Inc. (ED)’s financial ratios: A comprehensive overview

In the latest session, Consolidated Edison, Inc. (NYSE: ED) closed at $91.25 down -3.25% from its previous closing price of $94.32. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 2034866 shares were traded. ED stock price reached its highest trading level at $93.85 during the session, while it also had its lowest trading level at $91.07.

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Ratios:

For a deeper understanding of Consolidated Edison, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.00.

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 Dec 29 when HOGLUND ROBERT N bought 150 shares for $90.97 per share. The transaction valued at 13,682 led to the insider holds 44,844 shares of the business.

Cawley Timothy bought 77 shares of ED for $7,001 on Dec 29. The Chairman, President & CEO now owns 20,217 shares after completing the transaction at $90.97 per share. On Dec 29, another insider, Sanchez Robert, who serves as the President & CEO, O&R of the company, bought 71 shares for $90.97 each. As a result, the insider paid 6,440 and bolstered with 13,447 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 32.56B and an Enterprise Value of 55.79B. As of this moment, Consolidated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.52, and their Forward P/E ratio for the next fiscal year is 17.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 3.66 whereas that against EBITDA is 9.25.

Stock Price History:

Over the past 52 weeks, ED has reached a high of $100.92, while it has fallen to a 52-week low of $80.46. The 50-Day Moving Average of the stock is 90.85, while the 200-Day Moving Average is calculated to be 92.11.

Shares Statistics:

For the past three months, ED has traded an average of 2.13M shares per day and 1.56M over the past ten days. A total of 355.00M shares are outstanding, with a floating share count of 344.66M. Insiders hold about 0.16% of the company’s shares, while institutions hold 67.70% stake in the company. Shares short for ED as of Dec 28, 2023 were 7.09M with a Short Ratio of 7.09M, compared to 6.21M on Nov 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.05% and a Short% of Float of 2.77%.

Dividends & Splits

According to the company, the forward annual dividend rate for ED is 3.27, from 3.22 in the trailing year. Against a Trailing Annual Dividend Yield of 3.41%, it implies a Forward Annual Dividend Yield of 3.44%. The stock’s 5-year Average Dividend Yield is 3.66. The current Payout Ratio is 67.73% for ED, which recently paid a dividend on Dec 14, 2023 with an ex-dividend date of Nov 13, 2023. Stock splits for the company last occurred on Jul 02, 1989 when the company split stock in a 2:1 ratio.

Earnings Estimates

There are Energy Transfer LP different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $356.53, with high estimates of $25.39 and low estimates of $26.80.

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