Essential Utilities Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $39.83
- Today's High:
- $41
- Open Price:
- $39.84
- 52W Low:
- $37.7615
- 52W High:
- $51.4194
- Prev. Close:
- $39.96
- Volume:
- 720900
Company Statistics
- Market Cap.:
- $10.82 billion
- Book Value:
- 20.864
- Revenue TTM:
- $2.32 billion
- Operating Margin TTM:
- 28.73%
- Gross Profit TTM:
- $1.07 billion
- Profit Margin:
- 19.75%
- Return on Assets TTM:
- 2.71%
- Return on Equity TTM:
- 8.49%
Company Profile
Essential Utilities Inc had its IPO on 1987-12-30 under the ticker symbol WTRG.
The company operates in the Utilities sector and Utilities-Regulated Water industry. Essential Utilities Inc has a staff strength of 3,187 employees.
Stock update
Shares of Essential Utilities Inc opened at $39.84 at the start of the last trading session i.e. 2023-06-03.
The stocks traded within a range of $39.83 - $41, and closed at $40.94.
This is a +2.45% increase from the previous day's closing price.
A total volume of 720,900 shares were traded at the close of the day’s session.
In the last one week, shares of Essential Utilities Inc have increased by +0.42%.
Essential Utilities Inc's Key Ratios
Essential Utilities Inc has a market cap of $10.82 billion, indicating a price to book ratio of 2.3926 and a price to sales ratio of 5.8827.
In the last 12-months Essential Utilities Inc’s revenue was $2.32 billion with a gross profit of $1.07 billion and an EBITDA of $991.68 million. The EBITDA ratio measures Essential Utilities Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Essential Utilities Inc’s operating margin was 28.73% while its return on assets stood at 2.71% with a return of equity of 8.49%.
In Q1, Essential Utilities Inc’s quarterly earnings growth was a negative -5.3% while revenue growth was a positive 3.9%.
Essential Utilities Inc’s PE and PEG Ratio
- Forward PE
- 25.641
- Trailing PE
- 23.1299
- PEG
- 3.6647
Its diluted EPS in the last 12-months stands at $1.77 per share while it has a forward price to earnings multiple of 25.641 and a PEG multiple of 3.6647. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Essential Utilities Inc’s profitability.
Essential Utilities Inc stock is trading at a EV to sales ratio of 9.1367 and a EV to EBITDA ratio of 19.7245. Its price to sales ratio in the trailing 12-months stood at 5.8827.
Essential Utilities Inc stock pays annual dividends of $1.129 per share, indicating a yield of 2.87% and a payout ratio of 66.36%.
Balance sheet and cash flow metrics
- Total Assets
- $15.82 billion
- Total Liabilities
- $803.29 million
- Operating Cash Flow
- $-243208000.00
- Capital Expenditure
- $243.73 million
- Dividend Payout Ratio
- 66.36%
Essential Utilities Inc ended 2023 with $15.82 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $15.82 billion while shareholder equity stood at $5.52 billion.
Essential Utilities Inc ended 2023 with $1.41 billion in deferred long-term liabilities, $803.29 million in other current liabilities, 133848000.00 in common stock, $1.65 billion in retained earnings and $2.34 billion in goodwill. Its cash balance stood at $20.15 million and cash and short-term investments were $20.15 million. The company’s total short-term debt was $221,183,000 while long-term debt stood at $6.48 billion.
Essential Utilities Inc’s total current assets stands at $509.77 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $331.22 million compared to accounts payable of $155.72 million and inventory worth $95.91 million.
In 2023, Essential Utilities Inc's operating cash flow was $-243208000.00 while its capital expenditure stood at $243.73 million.
Comparatively, Essential Utilities Inc paid $0.66 in dividends in 2023.
Other key metrics
- Current Trading Price
- $40.94
- 52-Week High
- $51.4194
- 52-Week Low
- $37.7615
- Analyst Target Price
- $54.38
Essential Utilities Inc stock is currently trading at $40.94 per share. It touched a 52-week high of $51.4194 and a 52-week low of $51.4194. Analysts tracking the stock have a 12-month average target price of $54.38.
Its 50-day moving average was $42.24 and 200-day moving average was $44.46 The short ratio stood at 3.86 indicating a short percent outstanding of 0%.
Around 15.8% of the company’s stock are held by insiders while 7690.2% are held by institutions.
Frequently Asked Questions About Essential Utilities Inc
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About
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households. It serves approximately 8.8 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.