A share price of Firstenergy Corp. [FE] is currently trading at $43.49, down -0.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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From an analyst’s perspective:
Firstenergy Corp. [NYSE: FE] stock has seen the most recent analyst activity on October 14, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $46. Previously, Argus upgraded its rating to Buy on September 20, 2024, and kept the price target unchanged to $50. On April 10, 2024, Goldman initiated with a Buy rating and assigned a price target of $45 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $37 on August 23, 2023. UBS downgraded its rating to a Neutral and reduced its price target to $40 on August 07, 2023. Guggenheim upgraded its rating to Buy for this stock on January 23, 2023, and upped its price target to $46. In a note dated January 23, 2023, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $41 to $38.
Firstenergy Corp. experienced fluctuations in its stock price throughout the past year between $34.73 and $44.97. Currently, Wall Street analysts expect the stock to reach $46.6 within the next 12 months. Firstenergy Corp. [NYSE: FE] shares were valued at $43.49 at the most recent close of the market. An investor can expect a potential return of 7.15% based on the average FE price forecast.
Analyzing the FE fundamentals
Trailing Twelve Months sales for Firstenergy Corp. [NYSE:FE] were 13.20B which represents 9.12% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.30 points at the first support level, and at 43.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.82, and for the 2nd resistance point, it is at 44.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Firstenergy Corp. [NYSE:FE] is 0.51. As well, the Quick Ratio is 0.43, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 28.63.
Transactions by insiders
Recent insider trading involved Walker Christine, Officer, that happened on Sep 12 ’24 when 6000.0 shares were purchased. SVP, CHRO & Corporate Services, Walker Christine completed a deal on Nov 27 ’23 to sell 12500.0 shares.
