Looking at top Wall Street opinions, Consolidated Edison, Inc. (NYSE: ED) has recently made its way into the research list of Mizuho – signaling that their analyst’s rating adjustment is noteworthy. This stock was Neutral in the eyes of Mizuho, as reported on Tuesday, March 12th, 2019. Another heavy-hitting research note was published by Evercore ISI on Wednesday February 13th, 2019, with this firm downgrading ED to an updated rating of Underperform from its previous rating of In-line. In the past six months and three months of trading, shares of Consolidated Edison, Inc. (ED) have moved by 5.96% and 2.08%, respectively.
Brokerage Updates Related to Consolidated Edison, Inc. (ED) Stock
This publicly-traded organization generated gains of 1.97% over the last 5 sessions. Right now, this stock is the subject of 17 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 5 have given an underperform rating, 1 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $80.61. Moreover, individual price targets range between $74.00-$87.00. With its recent move to $81.00, we can see that these firms project this stock will gain by 12.57% in one year.
Updates from Consolidated Edison, Inc. (ED) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.20% rise since the beginning of the calendar year. A VP & Chief Accounting Officer at Consolidated Edison, Inc. (ED) bought some of its shares in a transaction that was finalized on Feb 28. Similarly, McAvoy John bought 29 shares of the organization’s stock at $78.71 apiece and racked up $2,316 in earnings from the purchase. Now, McAvoy John holds 125,140 shares of the company following the exchange. A SVP & General Counsel of the organization named Moore Elizabeth D, was engaged in a transaction that occurred on Feb 28 that managed to be worth $2,222 from the purchase of 28 common shares at a price of $78.71 per individual share.
Consolidated Edison, Inc. (NYSE:ED) Results in the Pipeline
The next scheduled release of financial results for Consolidated Edison, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.75. In the same vein, they expect sales for the quarter to amount to $2,884.45 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $2,949.00 million in revenue alongside EPS at $0.77. On average, the analyst projection was calling for $3,328.00 million with $1.57 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,696.00 million, with earnings per share ending up at $0.61.
Chesapeake Energy Corporation (NYSE:CHK) experienced a gain of 2.65% from the closing price in the previous trading day. That boost the price to $3.10 per share, as observed on March 14th, 2019, at a time when the total trading volume reached 39,816,135 shares of stock – compared to the typical average of 48.60M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $3.09.
Pricing Indications for Chesapeake Energy Corporation (CHK)
This organization has had a price-to-earnings ratio of 3.82 in the last year. In the most recent trading session, the daily high was $3.12, bringing the per-share value 2.65% high its 52-week high and about -44.64% more expensive than its 52-week low. Meanwhile, it gained 2.72 from its observable 50-day simple moving average. Right at this moment, the per-share value is -17.91% lower than the mean per-share price over the last 200 days in the market.
Chesapeake Energy Corporation (NYSE:CHK) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 3 have a sell rating, 0 have a Buy rating, 3 have an outperform rating, while 12 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 6 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.40 , based on information from Thomson Reuters.
CHK Stock Value Potential
In trading activity as of late, this stock’s value was 3.77 up from its 200 day moving average, while also 14.74% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $0.50-$5.00. The market value for the entire organization reached 5.50B. After the trading day started off at the price of $3.10, these shares nearly bottomed out at its low price of $3.0199 and nearly peaked at $3.12 as its full-day high price. In the last trading session, the price ended the day at $3.02. The institutional holdings related to this organization account for 1.20%, and the Beta factor is now 2.44. This company’s RSI (Relative Strength Index) managed to hit 61.33.
Chesapeake Energy Corporation (NYSE:CHK) Analyst Points of Focus
Chesapeake Energy Corporation (CHK) has found itself inside of Imperial Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to In-line, by Imperial Capital, as garnered from a news report on Thursday January 10th, 2019. An additional helpful research note was sent out by BofA/Merrill’s on Friday January 4th, 2019. The brokerage decided to downgrade CHK to Underperform from its previous rating of Neutral.