Firstenergy Corp Intrinsic Value Calculator – Allspring Global Investments Holdings LLC Cashes Out 17,170 Shares of FirstEnergy Corp.
October 26, 2023
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FIRSTENERGY ($NYSE:FE): This company is one of the largest investor-owned electric systems in the United States, providing power to millions of customers in six states in the Midwest and Mid-Atlantic regions. It is a diversified energy company with a focus on the electric utility industry, providing energy in competitive markets across the country. FirstEnergy Corp. has a long-term focus on creating a sustainable energy future for customers and communities. They provide reliable, efficient, and cost-effective electricity services that meet customer needs. Their commitment to innovation and investment in clean energy technologies is also helping to create a cleaner and greener energy future. The company is dedicated to providing reliable, cost-effective energy services while promoting sustainable business practices.
They have a strong commitment to safety, transparency, and accountability when it comes to their operations and financials. A commitment to investing in renewable energy technologies is also part of their mission. This could be a sign of changing markets or it could be that Allspring Global Investments Holdings LLC believes they can get better returns elsewhere. Either way, as a large investor in the energy sector, their move is worth noting.
Market Price
On Monday, the stock of FIRSTENERGY CORP opened at $35.0 and ended the trading day at $35.0, registering a 0.8% decrease from its previous closing price of $35.3. Although the stock did not experience any significant change in its price, the sale of the shares by a major investor will likely have an impact on the price movements of the stock in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Firstenergy Corp. More…
| Total Revenues | Net Income | Net Margin |
| 12.89k | 458 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Firstenergy Corp. More…
| Operations | Investing | Financing |
| 1.19k | -3.34k | 1.84k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Firstenergy Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 47.06k | 36.09k | 18.35 |
Key Ratios Snapshot
Some of the financial key ratios for Firstenergy Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.9% | 18.4% | 19.4% |
| FCF Margin | ROE | ROA |
| -14.0% | 15.1% | 3.3% |
Analysis – Firstenergy Corp Intrinsic Value Calculator
At GoodWhale, we have conducted a thorough analysis of the fundamentals of FIRSTENERGY CORP. Utilizing our proprietary Valuation Line, we have calculated a fair price for the share of FIRSTENERGY CORP at around $41.0. Currently, the stock is trading at a price of $35.0, representing a fair price that is 14.7% undervalued. We believe that this presents an advantageous opportunity for investors to buy into the stock. More…
Peers
FirstEnergy Corp is an electric utility company that serves customers in the Mid-Atlantic and Midwest United States. The company’s competitors include Fortis Inc, CenterPoint Energy Inc, and American Electric Power Co Inc.
– Fortis Inc ($TSX:FTS)
Fortis Inc. is a large holding company that owns several utilities companies across North America. It has a market cap of $24.59 billion as of 2022 and a return on equity of 8.51%. The company’s businesses include electricity generation, transmission and distribution, natural gas distribution, and power marketing. Fortis also owns a small but growing renewable energy business.
– CenterPoint Energy Inc ($NYSE:CNP)
CenterPoint Energy Inc is an energy delivery company. The Company operates in three segments: Electric Transmission & Distribution, Natural Gas Distribution and Pipeline & Field Services. It also provides other services to utilities and energy facilities.
– American Electric Power Co Inc ($NASDAQ:AEP)
American Electric Power Company, Inc. (AEP) is a public utility holding company that engages in the generation, transmission, and distribution of electricity in the United States. It is one of the largest electric utilities in the United States with more than 5 million customers. The company has a market capitalization of $44.13 billion as of 2022 and a return on equity of 10.57%. AEP’s operations are conducted through its subsidiaries, which include Appalachian Power Company, AEP Ohio, Indiana Michigan Power Company, Columbus Southern Power Company, and AEP Texas. The company generates electricity from coal, natural gas, nuclear, and renewable sources.
Summary
FirstEnergy Corp. is a diversified energy company with operations in the generation, transmission, and distribution of electricity. This could be due to recent concerns about the company’s financial stability, including its credit ratings being downgraded and a possible dividend cut. The stock price of FirstEnergy has also experienced volatility in the past few months, indicating that investors are uncertain about the company’s future. It is important for investors to do their own research and consider all the risks before investing in FirstEnergy Corp.
