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MarketScreener Homepage  >  Equities  >  Nyse  >  Consolidated Edison, Inc.    ED

CONSOLIDATED EDISON, INC.

(ED)
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Consolidated Edison, Inc. : Back on key levels based on weekly price data

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11/13/2019 | 10:53am EDT
long trade
Target price hit
Entry price : 87.05$ | Target : 92$ | Stop-loss : 84.9$ | Potential : 5.69%
After several weeks of decline, shares in Consolidated Edison, Inc. are approaching an important technical support area around 85.3 USD on the weekly chart. These levels represent attractive entry points.
Investors have an opportunity to buy the stock and target the $ 92.
Consolidated Edison, Inc. : Consolidated Edison, Inc. : Back on key levels based on weekly price data
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • The share is getting closer to its long-term support in weekly data, at USD 85.3, which offers good timing for buyers.
  • Share prices are approaching a strong support area in daily data, which offers good timing for investors.
  • Considering the small differences between the analysts' various estimates, the group's business visibility is good.
  • The group usually releases upbeat results with huge surprise rates.
  • Sales forecast by analysts have been recently revised upwards.
  • The tendency within the weekly time frame is positive above the technical support level at 85.3 USD

Weaknesses
  • The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
  • The company's enterprise value to sales, at 3.93 times its current sales, is high.
  • For the past seven days, analysts have been lowering their EPS expectations for the company.


Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. 0.28% 21.18 Delayed Quote.285.09%
BYD COMPANY LIMITED 8.96% 139.9 End-of-day quote.260.10%
CONSOLIDATED EDISON, INC. -0.24% 80.6 Delayed Quote.-10.91%
JUST GROUP PLC 0.53% 44.4765 Delayed Quote.-44.00%
WILL GROUP, INC. 0.80% 884 End-of-day quote.-29.39%
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 12 880 M - -
Net income 2020 1 342 M - -
Net Debt 2020 22 216 M - -
P/E ratio 2020 19,9x
Yield 2020 3,80%
Capitalization 26 960 M 26 960 M -
EV / Sales 2020 3,82x
EV / Sales 2021 3,76x
Nbr of Employees 14 890
Free-Float 93,4%
Upcoming event on CONSOLIDATED EDISON, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 77,94 $
Last Close Price 80,60 $
Spread / Highest target 2,98%
Spread / Average Target -3,30%
Spread / Lowest Target -10,7%
EPS Revisions
Managers
NameTitle
John J. McAvoy Executive Chairman, President & CEO
Robert N. Hoglund Chief Financial Officer & Senior Vice President
Ellen Victoria Futter Director
George Campbell Independent Director
L. Frederick Sutherland Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CONSOLIDATED EDISON, INC.-10.91%26 960
NEXTERA ENERGY24.29%147 379
ENEL S.P.A.7.21%91 152
IBERDROLA, S.A.19.44%79 467
DOMINION ENERGY, INC.-2.32%68 046
DUKE ENERGY CORPORATION0.93%67 704