At the time of writing, Fortis Inc [FTS] stock is trading at $52.65, up 1.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The FTS shares have gain 4.26% over the last week, with a monthly amount glided 3.26%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fortis Inc [NYSE: FTS] stock has seen the most recent analyst activity on August 05, 2025, when Desjardins upgraded its rating to a Buy. Previously, CIBC upgraded its rating to Sector Outperform on July 21, 2025. On June 27, 2025, TD Securities initiated with a Buy rating. Desjardins started tracking the stock assigning a Hold rating. Jefferies initiated its recommendation with a Hold. Raymond James downgraded its rating to Mkt Perform for this stock on November 06, 2024.
For the past year, the stock price of Fortis Inc fluctuated between $40.32 and $52.47. Currently, Wall Street analysts expect the stock to reach $50.86 within the next 12 months. Fortis Inc [NYSE: FTS] shares were valued at $52.65 at the most recent close of the market. An investor can expect a potential drop of -3.4% based on the average FTS price forecast.
Analyzing the FTS fundamentals
According to Fortis Inc [NYSE:FTS], the company’s sales were 8.60B for trailing twelve months, which represents an 5.00% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. 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 of1.43.
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 52.04 points at the first support level, and at 51.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.00, and for the 2nd resistance point, it is at 53.35.
Ratios To Look Out For
It is important to note that Fortis Inc [NYSE:FTS] has a current ratio of 0.66. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 1.64 and price to earnings (TTM) ratio is 21.91.
