FirstEnergy Corp. (NYSE:FE) fell -2.06% during previous trade. Wells Fargo issued rating on the stock of FirstEnergy Corp. (NYSE:FE) in a research note issued to investors on Jan-10-17, the stock received “Downgrade” rating from Outperform to Market Perform. Additionally Deutsche Bank issued their verdict on the stock of the company, on record date of Dec-20-16 the stock was “Downgraded” from Buy to Hold from $38 to $34 besides that on Dec-02-16FirstEnergy Corp. (NYSE:FE) was “Downgraded” by Barclays from Overweight to Equal Weight from $38 to $34. Furthermore on Oct-25-16 the stock was “Upgraded” by Deutsche Bank from Hold to Buy from $38 to $37.
FirstEnergy Corp. (NYSE:FE) shares ended last trading session at the price of $30.37 whereas a number of traders indicating mean target price will hit $34.38 over the next twelve months, mean value of price target most recently revised on 01/3/17. FirstEnergy Corp. (NYSE:FE)’s highest estimates of price target are $40 and low forecast is $29 based on the opinion of 16 analysts. The price target estimates represents a standard deviation of 2.10. However brokerage recommendations suggests an ABR of 2.17 based on calls of 12 experts, where 5 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 7 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
FirstEnergy Corp. (NYSE:FE) is expected to release the earnings of its current quarter on 2/21/17. The company is expected to release $0.4 EPS for current quarter according to 14 analysts whereas the company reported $0.58 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.34 and high estimate of $0.58. For the current year FirstEnergy Corp. (NYSE:FE) has set to release EPS of $2.64 as per the sentiments of 19 analysts, however according to 20 analysts, the company expected to release $2.65 EPS for next year.
FirstEnergy Corp. (NYSE:FE)’s average revenue estimates for the current quarter are $3.79B according to 8 number of analysts. However its lowest revenue estimates are $3.29B and highest revenue estimates are $5.43B. A year ago the company’s sales were $3.54B. Its yearly sales growth estimates are 7.20%. For the next quarter the company has anticipated average revenues of $4.04B, according to the sentiments of 3 analysts. For the current year the company has fixed $15.06B revenues, as per the opinion of 14 analysts. For the current year the company has low revenue estimates of $14.24B in contradiction of high revenue estimates of $16.61B. Whereas for the next year revenues are set at $15.01B by 15 analysts.
The stock exchanged hands 7.19M shares versus average trading capacity of 4.44M shares, while its shares’ total market worth is $12.89B along with 425.74M outstanding shares. FirstEnergy Corp. (NYSE:FE) shares were trading -15.20% below from the 52-week high price mark of $35.81 and +3.59% above from the 52-week price bottom of $29.32. However the company observed 52 week high price on 07/25/16 and witnessed 52 week low price on 12/08/16. The company’s price sits -4.48% below from its 50-day moving average of $31.19 and -7.40% away from the stock’s 200-day moving average which is $32.94. FirstEnergy Corp. (NYSE:FE)’s price to sales ratio for trailing twelve month stands at 0.87, whereas its price to book ratio for most recent quarter sits at 1.12. However the company’s price to cash per share for most recent quarter stands at 23.28.