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As of close of business last night, Fortis Inc.’s stock clocked out at $43.61, up 0.44% from its previous closing price of $43.42. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.43 million shares were traded. FTS stock price reached its highest trading level at $43.66 during the session, while it also had its lowest trading level at $43.07.
Ratios:
To gain a deeper understanding of FTS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.28.
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 21608232960 and an Enterprise Value of 56178585600. As of this moment, Fortis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.51, and their Forward P/E ratio for the next fiscal year is 17.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 4.931 whereas that against EBITDA is 10.964.
Stock Price History:
The Beta on a monthly basis for FTS is 0.44, which has changed by 0.095081925 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, FTS has reached a high of $43.74, while it has fallen to a 52-week low of $36.30. The 50-Day Moving Average of the stock is 8.08%, while the 200-Day Moving Average is calculated to be 8.81%.
Shares Statistics:
It appears that FTS traded 611.80K shares on average per day over the past three months and 766310 shares per day over the past ten days. A total of 495.20M shares are outstanding, with a floating share count of 494.53M. Insiders hold about 0.14% of the company’s shares, while institutions hold 58.42% stake in the company. Shares short for FTS as of 1722384000 were 13442178 with a Short Ratio of 17.28, compared to 1719532800 on 10115863.
Dividends & Splits
With its trailing 12-month dividend rate of 2.335, FTS has a forward annual dividend rate of 1.72. Against a Trailing Annual Dividend Yield of 0.053777065The stock’s 5-year Average Dividend Yield is 3.76.
Earnings Estimates
The current assessment of Fortis Inc. (FTS) involves the perspectives of 7.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.6, with high estimates of $0.63 and low estimates of $0.55.
Analysts are recommending an EPS of between $2.43 and $2.3 for the fiscal current year, implying an average EPS of $2.36. EPS for the following year is $2.44, with 11.0 analysts recommending between $2.52 and $2.39.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $2.04B. It ranges from a high estimate of $2.04B to a low estimate of $2.04B. As of the current estimate, Fortis Inc.’s year-ago sales were $2.02BFor the next quarter, 1 analysts are estimating revenue of $2.16B. There is a high estimate of $2.16B for the next quarter, whereas the lowest estimate is $2.16B.
A total of 7 analysts have provided revenue estimates for FTS’s current fiscal year. The highest revenue estimate was $9.34B, while the lowest revenue estimate was $8.11B, resulting in an average revenue estimate of $8.75B. In the same quarter a year ago, actual revenue was $8.42BBased on 7 analysts’ estimates, the company’s revenue will be $9.12B in the next fiscal year. The high estimate is $9.75B and the low estimate is $8.32B.
