3 Analysts rated FirstEnergy Corporation (NYSE:FE) as Strong Buy



FirstEnergy Corporation (NYSE:FE) has a 1 Year Target Estimate of $35.31. The stock traded with the volume of 5.67 Million in the last trading session. FirstEnergy Corporation opened at $32.2 and closed by showing a decrease of -3.87%. The Bid price in the last session was $31.29 x 7600 and the Ask price was $31.30 x 15000. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

FirstEnergy Corporation has the Market Capitalization of 13.32 Billion. The Stock has its 52-week High of $36.6 and 52-Week Low of $30.29 and it touched its 52-week high on Jul 25, 2016 and 52-Week Low on Oct 12, 2016.

FirstEnergy Corporation reported its last Earnings on Nov 04 BMO where the company reported Actual EPS of $0.9/Share whereas, the Analyst Estimated EPS was $0.79/share. The difference between Actual EPS and Estimated EPS was $0.11/share. This represented an Earnings Surprise of 13.9%. The company will report its next earnings on Feb 14 – Feb 20 (Est.).

Some analyst provided their insight on Growth Estimates; FirstEnergy Corporation has the Current Quarter Earnings Growth rate of -31%. The Next Quarter growth is expected to be -3.8%. In the past 5 years, the stock has earnings growth rate of -5.84% per annum while the Upcoming 5 year’s earnings growth rate is expected to be -5.27% per annum.

16 number of analysts also provided their insight on FirstEnergy Corporation, where the Average Price Target for the stock is $35.31. They also projected Low Price Target as $29 while High Price Target is set at $42.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 6 reported it as Buy.8 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 2 say that this stock is a SELL.

FirstEnergy Corporation annual Divided is 1.44 while it’s Dividend Yield is 4.6%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 11.8. The company has its Price to Sales (P/S) ratio of 0.9 where Price to Book (P/B) ratio of 1.16, Price to Cash Per share (P/C) of 24.18 and Price to Free Cash Flow (P/FCF) has a value of 0.

The company has its Return on Assets (ROA) of -1.2 Percent. Return on Equity (ROE) stands at -5.1% and Return on Investment (ROI) displays a value of 4.7%.

The stock is currently trading at Distance from 20-Day simple moving Average of -3.81% whereas, Distance from 50-Day Simple moving average is -3.94 Percent and Distance from 200-Day Simple Moving Average of -5.56 percent.

A look at performance overview of FirstEnergy Corporation depicts that Performance (Week) is -1.91 percent while Performance Month is -7.75%. Quarterly performance shows a value of -3.36% and Half Year Performance value stands at -4%. Yearly performance of the stock has the value of 1.27 percent. FirstEnergy Corporation has its YTD performance of 3 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 9 Nov 2016 where Chief Financial Officer Clark (Jonathan W) did a transaction type “Buy” in which 2400 shares were traded at a price of $8.06. Another insider trade includes Director Eckert (Thomas D) who also initiated a transaction in which 30000 shares were traded on 8 Nov 2016 as “Buy”. On 8 Nov 2016 Director Eckert (Thomas D) traded 20000 shares as “Buy” at $8.73. President Harris (Benjamin P) Sell 100000 shares on 16 Aug 2016 at the price of $9.55.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Deutsche Bank on 25-Oct-16 who Upgrade the stock from Hold to Buy. Other firms have also Upgraded/Downgraded the stock. On 19-Oct-16, Tudor Pickering took an action “Downgrade” from Hold to Sell. On 18-Oct-16, the stock was Upgrade to Neutral by Citigroup.