For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Essential Utilities Inc (NYSE: WTRG) closed the day trading at $37.32 down -2.94% from the previous closing price of $38.45. In other words, the price has decreased by -$2.94 from its previous closing price. On the day, 4.1 million shares were traded.
Ratios:
For a better understanding of WTRG, let’s look at its different 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:
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 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 16.74, and their Forward P/E ratio for the next fiscal year is 16.75. 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 4.63 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 -5.26%, while the 200-Day Moving Average is calculated to be -2.68%.
Shares Statistics:
A total of 280.34M shares are outstanding, with a floating share count of 279.57M. Insiders hold about 0.27% of the company’s shares, while institutions hold 81.34% stake in the company.
