Essential Utilities Inc [WTRG] stock is trading at $38.94, down -0.03%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WTRG shares have gain 1.06% over the last week, with a monthly amount drifted -3.83%, and not 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:
Essential Utilities Inc [NYSE: WTRG] stock has seen the most recent analyst activity on November 07, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $41 from $44. Previously, Jefferies started tracking the stock with Buy rating on October 07, 2024, and set its price target to $44. Edward Jones upgraded its rating to a Buy. Northcoast upgraded its rating to a Buy but $42 remained the price target by the analyst firm on September 28, 2023. Northcoast downgraded its rating to Neutral for this stock on May 18, 2023. In a note dated February 06, 2023, UBS upgraded an Buy rating on this stock and boosted its target price from $54 to $55.
Essential Utilities Inc [WTRG] stock has fluctuated between $33.57 and $41.78 over the past year. Currently, Wall Street analysts expect the stock to reach $48.75 within the next 12 months. Essential Utilities Inc [NYSE: WTRG] shares were valued at $38.94 at the most recent close of the market. An investor can expect a potential return of 25.19% based on the average WTRG price forecast.
Analyzing the WTRG fundamentals
Essential Utilities Inc [NYSE:WTRG] reported sales of 1.96B for the trailing twelve months, which represents a growth of 5.84%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.17.
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 38.73 points at the first support level, and at 38.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.18, and for the 2nd resistance point, it is at 39.42.
Ratios To Look Out For
For context, Essential Utilities Inc’s Current Ratio is 0.55. Further, the Quick Ratio stands at 0.39, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 5.45, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 19.53.
Transactions by insiders
Recent insider trading involved RUBIN ROBERT A, Chief Accounting Officer, that happened on Jul 01 ’24 when 2342.0 shares were sold. Chief Accounting Officer, RUBIN ROBERT A completed a deal on May 01 ’24 to sell 2023.0 shares. Meanwhile, Chief Accounting Officer RUBIN ROBERT A sold 5565.0 shares on Apr 01 ’24.
