Stock of Firstenergy Corp. (FE) performance and profitability takes another direction

A share price of Firstenergy Corp. [FE] is currently trading at $44.27, up 0.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FE shares have gain 0.84% over the last week, with a monthly amount glided 1.42%, and seem to be holding up well over a long-time horizon.

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

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 $46.8 within the next 12 months. Firstenergy Corp. [NYSE: FE] shares were valued at $44.27 at the most recent close of the market. An investor can expect a potential return of 5.71% 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 43.87 points at the first support level, and at 43.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.48, and for the 2nd resistance point, it is at 44.68.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Firstenergy Corp. [NYSE:FE] is 0.51. In addition, the Quick Ratio stands at 0.43 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 1.93, the price to book ratio is 2.04 and price to earnings (TTM) ratio is 29.15.

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.

Related Posts