Stocks of Firstenergy Corp (NYSE:FE) traded higher last session on Wall Street, down -0.44% to $42.88.
FE stock price is now 6.20% away from the 50-day moving average and 3.65% away from the 200-day moving average. The market capitalization of the company currently stands at $24.75B.
With the price target maintained at $45, BofA Securities recently Upgraded its rating from Underperform to Neutral for Firstenergy Corp (NYSE: FE). , while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, Walker Christine, Officer bought 6,000 shares of the company’s stock on Sep 12 ’24. The stock was bought for $264,601 at an average price of $44.10. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Firstenergy Corp has had a low of $37.58 and a high of $44.97. As of last week, the company has a debt-to-equity ratio of 1.95, a current ratio of 0.56, and a quick ratio of 0.45. According to the stock market information, the enterprise value for the company is $50148786176, which is based on a 22.85 price-to-earnings ratio, a 6.99 price-to-earnings-growth ratio, and a beta of 0.40. The fifty day moving average price for FE is $40.3776 and a two-hundred day moving average price translates $41.36845 for the stock.
The latest earnings results from Firstenergy Corp (NYSE: FE) was released for 2025-03-31. The net profit margin was 7.78% and return on equity was 8.54% for FE. The company reported revenue of $3.18 billion for the quarter, compared to $3.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.95 percent. For the current quarter, analysts expect FE to generate $3.53B in revenue.
