A share price of Firstenergy Corp [FE] is currently trading at $39.72, up 0.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The FE shares have gain 1.79% over the last week, with a monthly amount glided 0.13%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Firstenergy Corp [NYSE: FE] stock has seen the most recent analyst activity on January 23, 2025, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Scotiabank upgraded its rating to Sector Outperform on December 12, 2024, and kept the price target unchanged to $50. On October 31, 2024, downgrade downgraded it’s rating to Neutral. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $46 on October 14, 2024. Argus upgraded its rating to a Buy but $50 remained the price target by the analyst firm on September 20, 2024. Goldman started tracking with a Buy rating for this stock on April 10, 2024, and assigned it a price target of $45. In a note dated August 23, 2023, Barclays initiated an Equal Weight rating and provided a target price of $37 on this stock.
Firstenergy Corp experienced fluctuations in its stock price throughout the past year between $35.41 and $44.97. Currently, Wall Street analysts expect the stock to reach $47.67 within the next 12 months. Firstenergy Corp [NYSE: FE] shares were valued at $39.72 at the most recent close of the market. An investor can expect a potential return of 20.02% based on the average FE price forecast.
Analyzing the FE fundamentals
Trailing Twelve Months sales for Firstenergy Corp [NYSE:FE] were 13.44B which represents 6.94% growth. 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 39.31 points at the first support level, and at 38.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.12, and for the 2nd resistance point, it is at 40.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Firstenergy Corp [NYSE:FE] 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 1.70, the price to book ratio is 1.84 and price to earnings (TTM) ratio is 25.66.
Transactions by insiders
Recent insider trading involved Walker Christine, Officer, that happened on Sep 12 ’24 when 6000.0 shares were purchased.
