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A look at a High Market Cap Stock: Consolidated Edison, Inc., ED

Consolidated Edison, Inc., ED is in the exchange NYSE and its industry is Electric Utilities in the sector of Utilities. Based in USA, Consolidated Edison, Inc., ED  has a market cap of 24360.72. Since its IPO date on the 01/02/1970, Consolidated Edison, Inc., ED performance year to date is 27.59%. Today Consolidated Edison, Inc., ED has gained 1.39%, with a current price of 81.63.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 53.80%. The management of the company have seen the company have a payout ratio of 67.80%. Return of assets are at 2.50%, with return on investment at 6.70%.

In terms of debt levels and profit levels, Consolidated Edison, Inc., ED is seeing a long-term debt/equity of 0.93. While Total debt/equity is 1.07. With a profit margin of 9.40%, this is combined with a gross margin of 73.80%, and operating margin of 19.40%. Consolidated Edison, Inc. ability to meet debt levels, with a current ratio of 0.7, while the quick ratio is 0.6.

For the last year Consolidated Edison, Inc., ED has seen a EPS growth of 9.10%. A performance for the year of 41.49%. The 52-week high is 0.80%, and the 52-week low is 44.86%. The average volume for Consolidated Edison, Inc., ED is 859884.

With a target price of 70.35, can Consolidated Edison, Inc., ED reach this target? Looking at the value indicators of Consolidated Edison, Inc., ED. Consolidated Edison, Inc. has a P/E of 20.92 and a forward P/E of 19.45. Perhaps the more useful indicator than P/E, is PEG which has a value of 10.67. Consolidated Edison, Inc. also has a P/S and a P/B of 2.01 and 1.79 respectively. For P/cash, Consolidated Edison, Inc. has a value of 343.11, while it is *TBA for P/free cash flow.

At the current price of 81.63, Consolidated Edison, Inc. has a dividend yield of 3.33%. We see a return on equity of 8.70%.

Looking more long-term Consolidated Edison, Inc., is projected to get an EPS growth for the next five years of 1.96%. In the short-term an EPS growth of 3.86% in the next year is forecasted. This is after a EPS growth of 9.10% for this year and for the last five years a 3.20% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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