Firstenergy Corp [FE] stock prices are up 0.36% to $41.73 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FE shares have gain 1.24% over the last week, with a monthly amount drifted -4.81%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Firstenergy Corp [NYSE: FE] stock has seen the most recent analyst activity on October 31, 2024, when Seaport Research Partners downgraded its rating to a Neutral. Previously, Jefferies started tracking the stock with Hold rating on October 14, 2024, and set its price target to $46. On September 20, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $50 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $45 on April 10, 2024. Barclays initiated its recommendation with a Equal Weight and recommended $37 as its price target on August 23, 2023. UBS downgraded its rating to Neutral for this stock on August 07, 2023, and downed its price target to $40. In a note dated January 23, 2023, Guggenheim upgraded an Buy rating on this stock and boosted its target price from $34 to $46.
The stock price of Firstenergy Corp [FE] has been fluctuating between $35.41 and $44.97 over the past year. Currently, Wall Street analysts expect the stock to reach $46.8 within the next 12 months. Firstenergy Corp [NYSE: FE] shares were valued at $41.73 at the most recent close of the market. An investor can expect a potential return of 12.15% based on the average FE price forecast.
Analyzing the FE fundamentals
The Firstenergy Corp [NYSE:FE] reported sales of 13.44B for trailing twelve months, representing a surge of 6.94%. Gross Profit Margin for this corporation currently stands at 0.47% 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 0.07 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.91.
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 41.47 points at the first support level, and at 41.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.87, and for the 2nd resistance point, it is at 42.01.
Ratios To Look Out For
It’s worth pointing out that Firstenergy Corp [NYSE:FE]’s Current Ratio is 0.56. On the other hand, the Quick Ratio is 0.46, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 1.79, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 26.95.
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.
