Consolidated Edison Stock Buy Hold or Sell Recommendation
| ED Stock | USD 94.11 0.68 0.73% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Consolidated Edison is 'Strong Hold'. Macroaxis provides Consolidated Edison buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ED positions. The advice algorithm takes into account all of Consolidated Edison's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Consolidated Edison's buy or sell advice are summarized below:
Real Value 89.82 | Target Price 88 | Hype Value 93.5 | Market Value 94.11 | Naive Value 95.46 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Consolidated Edison given historical horizon and risk tolerance towards Consolidated Edison. When Macroaxis issues a 'buy' or 'sell' recommendation for Consolidated Edison, the advice is generated through an automated system that utilizes algorithms and statistical models.
Consolidated |
Execute Consolidated Edison Buy or Sell Advice
The Consolidated recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Consolidated Edison. Macroaxis does not own or have any residual interests in Consolidated Edison or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Consolidated Edison's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Consolidated Edison Trading Alerts and Improvement Suggestions
| The company reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Consolidated Edison until it has trouble settling it off, either with new capital or with free cash flow. So, Consolidated Edison's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Consolidated Edison sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Consolidated to invest in growth at high rates of return. When we think about Consolidated Edison's use of debt, we should always consider it together with cash and equity. | |
| Consolidated Edison has a strong financial position based on the latest SEC filings | |
| About 68.0% of Consolidated Edison shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Consolidated Edison paid $ 0.83 per share dividend to its current shareholders | |
| Latest headline from news.google.com: California Public Employees Retirement System Cuts Stock Holdings in Consolidated Edison, Inc. - MarketBeat |
Consolidated Edison Returns Distribution Density
The distribution of Consolidated Edison's historical returns is an attempt to chart the uncertainty of Consolidated Edison's future price movements. The chart of the probability distribution of Consolidated Edison daily returns describes the distribution of returns around its average expected value. We use Consolidated Edison price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Consolidated Edison returns is essential to provide solid investment advice for Consolidated Edison.
| Mean Return | 0.09 | Value At Risk | -1.96 | Potential Upside | 2.07 | Standard Deviation | 1.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Consolidated Edison historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Consolidated Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Consolidated Edison is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Consolidated Edison backward and forwards among themselves. Consolidated Edison's institutional investor refers to the entity that pools money to purchase Consolidated Edison's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 2.6 M | Amundi | 2023-12-31 | 2.4 M | California Public Employees Retrmnt Sys | 2023-12-31 | 2.1 M | Goldman Sachs Group Inc | 2023-12-31 | 2.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 2 M | Proshare Advisors Llc | 2023-12-31 | 1.9 M | Jpmorgan Chase & Co | 2023-12-31 | 1.8 M | Cohen & Steers Inc | 2023-12-31 | 1.7 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.6 M | Vanguard Group Inc | 2023-12-31 | 41.8 M | Blackrock Inc | 2023-12-31 | 35.7 M |
Consolidated Edison Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6M | (4M) | (82M) | (111M) | 38M | 39.9M | |
| Change In Cash | 211M | 219M | (290M) | 384M | (335M) | (318.3M) | |
| Free Cash Flow | (352M) | (1.7B) | (1.2B) | (233M) | (2.3B) | (2.2B) | |
| Depreciation | 1.7B | 1.9B | 2.0B | 2.1B | 2.0B | 1.9B | |
| Other Non Cash Items | (517M) | (431M) | (424M) | (37M) | (43M) | (45.2M) | |
| Dividends Paid | 924M | 975M | 1.0B | 1.1B | 1.1B | 732.6M | |
| Capital Expenditures | 3.5B | 3.9B | 4.0B | 4.2B | 4.5B | 2.4B | |
| Net Income | 1.4B | 1.4B | 1.1B | 1.6B | 2.5B | 2.6B | |
| End Period Cash Flow | 1.2B | 1.4B | 1.1B | 1.5B | 1.2B | 1.3B | |
| Change To Netincome | (20M) | 111M | 355M | 403M | 463.5M | 486.6M | |
| Change Receivables | 77M | (677M) | (514M) | (254M) | (228.6M) | (240.0M) | |
| Net Borrowings | 916M | 2.5B | 422M | 2.1B | 2.4B | 1.6B | |
| Investments | (3.8B) | (4.2B) | (3.5B) | (4.6B) | (867M) | (910.4M) |
Consolidated Edison Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Consolidated Edison or Multi-Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Consolidated Edison's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Consolidated stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.72 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | 0 |
Consolidated Edison Volatility Alert
Consolidated Edison has relatively low volatility with skewness of 0.25 and kurtosis of 1.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Consolidated Edison's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Consolidated Edison's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Consolidated Edison Fundamentals Vs Peers
Comparing Consolidated Edison's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Consolidated Edison's direct or indirect competition across all of the common fundamentals between Consolidated Edison and the related equities. This way, we can detect undervalued stocks with similar characteristics as Consolidated Edison or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Consolidated Edison's fundamental indicators could also be used in its relative valuation, which is a method of valuing Consolidated Edison by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Consolidated Edison to competition |
| Fundamentals | Consolidated Edison | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0284 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0.35 % | (5.51) % |
| Current Valuation | 56.1 B | 16.62 B |
| Shares Outstanding | 345.72 M | 571.82 M |
| Shares Owned By Insiders | 0.17 % | 10.09 % |
| Shares Owned By Institutions | 68.21 % | 39.21 % |
| Number Of Shares Shorted | 5.65 M | 4.71 M |
| Price To Earning | 20.35 X | 28.72 X |
| Price To Book | 1.45 X | 9.51 X |
| Price To Sales | 2.09 X | 11.42 X |
| Revenue | 14.66 B | 9.43 B |
| Gross Profit | 7.68 B | 27.38 B |
| EBITDA | 5.1 B | 3.9 B |
| Net Income | 2.52 B | 570.98 M |
| Cash And Equivalents | 1.28 B | 2.7 B |
| Cash Per Share | 0.28 X | 5.01 X |
| Total Debt | 25.01 B | 5.32 B |
| Debt To Equity | 1.24 % | 48.70 % |
| Current Ratio | 0.83 X | 2.16 X |
| Book Value Per Share | 61.25 X | 1.93 K |
| Cash Flow From Operations | 2.16 B | 971.22 M |
| Short Ratio | 3.40 X | 4.00 X |
| Earnings Per Share | 7.21 X | 3.12 X |
| Price To Earnings To Growth | 2.55 X | 4.89 X |
| Target Price | 89.42 | |
| Number Of Employees | 14.59 K | 18.84 K |
| Beta | 0.35 | -0.15 |
| Market Capitalization | 32.3 B | 19.03 B |
| Total Asset | 66.33 B | 29.47 B |
| Retained Earnings | 13.38 B | 9.33 B |
| Working Capital | 75 M | 1.48 B |
Note: Disposition of 1300 shares by Oconnell Michele of Consolidated Edison subject to Rule 16b-3 [view details]
Consolidated Edison Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Consolidated . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 38785.34 | |||
| Daily Balance Of Power | 0.4072 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 93.53 | |||
| Day Typical Price | 93.72 | |||
| Price Action Indicator | 0.92 | |||
| Period Momentum Indicator | 0.68 |
About Consolidated Edison Buy or Sell Advice
When is the right time to buy or sell Consolidated Edison? Buying financial instruments such as Consolidated Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 25.4B | 24.4B | 25.0B | 13.0B | Total Assets | 63.1B | 69.1B | 66.3B | 38.4B |
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Check out Consolidated Edison Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Consolidated Stock analysis
When running Consolidated Edison's price analysis, check to measure Consolidated Edison'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 Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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Is Consolidated Edison'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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.821 | Dividend Share 3.24 | Earnings Share 7.21 | Revenue Per Share 42.171 | Quarterly Revenue Growth (0.15) |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.