Firstenergy Stock Beta
| FE Stock | USD 38.30 0.18 0.47% |
FirstEnergy fundamentals help investors to digest information that contributes to FirstEnergy's financial success or failures. It also enables traders to predict the movement of FirstEnergy Stock. The fundamental analysis module provides a way to measure FirstEnergy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FirstEnergy stock.
FirstEnergy | Beta |
FirstEnergy Company Beta Analysis
FirstEnergy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current FirstEnergy Beta | 0.48 |
Most of FirstEnergy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FirstEnergy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
FirstEnergy Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for FirstEnergy is extremely important. It helps to project a fair market value of FirstEnergy Stock properly, considering its historical fundamentals such as Beta. Since FirstEnergy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FirstEnergy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FirstEnergy's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, FirstEnergy has a Beta of 0.479. This is 6.44% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
FirstEnergy Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FirstEnergy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FirstEnergy could also be used in its relative valuation, which is a method of valuing FirstEnergy by comparing valuation metrics of similar companies.FirstEnergy is currently under evaluation in beta category among related companies.
FirstEnergy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, FirstEnergy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FirstEnergy's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
FirstEnergy Institutional Holders
Institutional Holdings refers to the ownership stake in FirstEnergy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FirstEnergy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FirstEnergy's value.| Shares | Boston Partners Global Investors, Inc | 2023-12-31 | 9.3 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 8.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7.6 M | Icahn Carl C | 2023-12-31 | 5.9 M | Legal & General Group Plc | 2023-12-31 | 5.6 M | Mitsubishi Ufj Trust & Banking Corp | 2023-12-31 | 4.8 M | Northern Trust Corp | 2023-12-31 | 4.7 M | Citadel Advisors Llc | 2023-09-30 | 4 M | Royal Bank Of Canada | 2023-12-31 | 3.9 M | Capital World Investors | 2023-12-31 | 68.2 M | Vanguard Group Inc | 2023-12-31 | 64.9 M |
As returns on the market increase, FirstEnergy's returns are expected to increase less than the market. However, during the bear market, the loss of holding FirstEnergy is expected to be smaller as well.
FirstEnergy Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0276 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 47.43 B | ||||
| Shares Outstanding | 575.52 M | ||||
| Shares Owned By Insiders | 0.12 % | ||||
| Shares Owned By Institutions | 90.46 % | ||||
| Number Of Shares Shorted | 11.63 M | ||||
| Price To Earning | 17.96 X | ||||
| Price To Book | 2.06 X | ||||
| Price To Sales | 1.70 X | ||||
| Revenue | 12.87 B | ||||
| Gross Profit | 8.23 B | ||||
| EBITDA | 3.99 B | ||||
| Net Income | 1.18 B | ||||
| Cash And Equivalents | 160 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 24.91 B | ||||
| Debt To Equity | 1.89 % | ||||
| Current Ratio | 0.66 X | ||||
| Book Value Per Share | 18.17 X | ||||
| Cash Flow From Operations | 1.39 B | ||||
| Short Ratio | 4.30 X | ||||
| Earnings Per Share | 1.96 X | ||||
| Price To Earnings To Growth | 1.25 X | ||||
| Target Price | 40.85 | ||||
| Number Of Employees | 12.04 K | ||||
| Beta | 0.48 | ||||
| Market Capitalization | 21.94 B | ||||
| Total Asset | 48.77 B | ||||
| Retained Earnings | (97 M) | ||||
| Working Capital | (2.82 B) | ||||
| Current Asset | 2.45 B | ||||
| Current Liabilities | 5.25 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.02 % | ||||
| Net Asset | 48.77 B | ||||
| Last Dividend Paid | 1.58 |
About FirstEnergy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FirstEnergy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FirstEnergy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FirstEnergy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out FirstEnergy Piotroski F Score and FirstEnergy Altman Z Score analysis. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for FirstEnergy Stock analysis
When running FirstEnergy's price analysis, check to measure FirstEnergy's 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 FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.196 | Dividend Share 1.58 | Earnings Share 1.96 | Revenue Per Share 22.138 | Quarterly Revenue Growth (0.01) |
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.