Essential Utilities Stock Price on May 1, 2024
| WTRG Stock | USD 38.01 0.21 0.56% |
Below is the normalized historical share price chart for Essential Utilities extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Essential Utilities stands at 38.01, as last reported on the 5th of June, with the highest price reaching 38.01 and the lowest price hitting 38.01 during the day.
If you're considering investing in Essential Stock, it is important to understand the factors that can impact its price. We consider Essential Utilities very steady. Essential Utilities secures Sharpe Ratio (or Efficiency) of 0.0946, which denotes the company had a 0.0946% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Essential Utilities, which you can use to evaluate the volatility of the firm. Please confirm Essential Utilities' Coefficient Of Variation of 1028.48, mean deviation of 1.1, and Downside Deviation of 1.92 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Essential Utilities' Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Essential Utilities' current Stock Based Compensation is estimated to increase to about 11.9 M, while Common Stock is projected to decrease to roughly 72.4 M. . At this time, Essential Utilities' Price To Operating Cash Flows Ratio is most likely to increase in the upcoming years. The Essential Utilities' current Price To Book Ratio is estimated to increase to 3.05, while Price Earnings Ratio is projected to decrease to 19.39. Essential Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 36.0633 | 50 Day MA 36.969 | Beta 0.797 |
Essential |
Sharpe Ratio = 0.0946
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| Cash | Small Risk | WTRG | High Risk | Huge Risk |
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Essential Utilities is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Essential Utilities by adding it to a well-diversified portfolio.
Price Book 1.5939 | Enterprise Value Ebitda 15.5656 | Price Sales 4.5759 | Shares Float 272.7 M | Dividend Share 1.208 |
Essential Utilities Valuation on May 1, 2024
It is possible to determine the worth of Essential Utilities on a given historical date. On May 1, 2024 Essential was worth 36.56 at the beginning of the trading date compared to the closed value of 37.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Essential Utilities stock. Still, in general, we apply an absolute valuation method to find Essential Utilities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Essential Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Essential Utilities' related companies.
| Open | High | Low | Close | Volume | |
| 36.20 | 36.84 | 36.02 | 36.58 | 1,855,036 | |
05/01/2024 | 36.56 | 37.55 | 36.51 | 37.21 | 1,341,600 |
| 37.40 | 37.68 | 37.02 | 37.68 | 1,219,346 |
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Essential Utilities Trading Date Momentum on May 1, 2024
| On May 02 2024 Essential Utilities was traded for 37.68 at the closing time. The top price for the day was 37.68 and the lowest listed price was 37.02 . The trading volume for the day was 1.2 M. The trading history from May 2, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 1.26% . The overall trading delta against the current closing price is 5.54% . |
Essential Utilities Fundamentals Correlations and Trends
By evaluating Essential Utilities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Essential Utilities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Essential financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Essential Utilities Stock history
Essential Utilities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Essential is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Essential Utilities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Essential Utilities stock prices may prove useful in developing a viable investing in Essential Utilities
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 267.7 M | 153.6 M | |
| Net Income Applicable To Common Shares | 535 M | 297.4 M |
Essential Utilities Stock Technical Analysis
Essential Utilities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Essential Utilities Period Price Range
Low | May 1, 2024
| High |
36.56 | 37.21 |
Essential Utilities June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Essential Utilities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essential Utilities shares will generate the highest return on investment. By undertsting and applying Essential Utilities stock market strength indicators, traders can identify Essential Utilities entry and exit signals to maximize returns
| Accumulation Distribution | 37157.5 | |||
| Daily Balance Of Power | 0.625 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 37.03 | |||
| Day Typical Price | 37.09 | |||
| Price Action Indicator | 0.51 | |||
| Period Momentum Indicator | 0.8 |
Essential Utilities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Essential Utilities' price direction in advance. Along with the technical and fundamental analysis of Essential Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Essential to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.1189 | |||
| Total Risk Alpha | 0.1096 | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | 0.0976 |
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Complementary Tools for Essential Stock analysis
When running Essential Utilities' price analysis, check to measure Essential Utilities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essential Utilities is operating at the current time. Most of Essential Utilities' value examination focuses on studying past and present price action to predict the probability of Essential Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Utilities' price. Additionally, you may evaluate how the addition of Essential Utilities to your portfolios can decrease your overall portfolio volatility.
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