The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $38.29 in the prior trading day, Essential Utilities Inc (NYSE: WTRG) closed at $37.98, down -0.81%. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.44 million shares were traded. WTRG stock price reached its highest trading level at $38.5 during the session, while it also had its lowest trading level at $37.97.
Ratios:
Our goal is to gain a better understanding of WTRG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.14.
Northcoast Upgraded its Neutral to Buy on September 28, 2023, while the target price for the stock was maintained at $42.
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 Jul 01 ’24 when RUBIN ROBERT A sold 2,342 shares for $37.43 per share. The transaction valued at 87,661 led to the insider holds 53,391 shares of the business.
RUBIN ROBERT A sold 2,023 shares of WTRG for $73,961 on May 01 ’24. The Chief Accounting Officer now owns 13,358 shares after completing the transaction at $36.56 per share. On Apr 01 ’24, another insider, RUBIN ROBERT A, who serves as the Chief Accounting Officer of the company, sold 5,565 shares for $37.21 each. As a result, the insider received 207,074 and left with 57,756 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, WTRG now has a Market Capitalization of 10394137600 and an Enterprise Value of 17597739008. As of this moment, Essential’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.61, and their Forward P/E ratio for the next fiscal year is 17.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.37 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 9.084 whereas that against EBITDA is 16.842.
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 $32.07. The 50-Day Moving Average of the stock is -4.24%, while the 200-Day Moving Average is calculated to be 1.32%.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1819610 shares per day over the last 10 days, according to various share statistics. A total of 273.30M shares are outstanding, with a floating share count of 273.07M. Insiders hold about 0.22% of the company’s shares, while institutions hold 80.13% stake in the company. Shares short for WTRG as of 1724976000 were 4580745 with a Short Ratio of 3.31, compared to 1722384000 on 5042697. Therefore, it implies a Short% of Shares Outstanding of 4580745 and a Short% of Float of 2.11.
Dividends & Splits
In the trailing 12 months, WTRG’s forward annual dividend rate was 1.228, compared to 1.25 this year. Against a Trailing Annual Dividend Yield of 0.03207104The stock’s 5-year Average Dividend Yield is 2.47.
