Essential Utilities ( (WTRG) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Essential Utilities reported strong Q4 results with a 17% increase in earnings per share for 2024 and a slight revenue rise to $2.086 billion, thanks to strategic acquisitions and infrastructure improvements. Despite these achievements, the stock hasn’t mirrored this success due to a perceived gap between operational performance and market valuation. The company plans significant infrastructure investments in 2025 and aims for steady earnings growth through 2027. Analysts have adjusted their price targets and recommendations based on these developments, though specific changes weren’t disclosed.
More about Essential Utilities
YTD Price Performance: 4.42%
Average Trading Volume: 1,434,719
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.32B
For further insights into WTRG stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.