Firstenergy Corp. (FE) Stock Forecast & Predictions

Firstenergy Corp. FE: $37.15

76 S Main St, Akron, Ohio, US. | Sector: Utilities | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.firstenergycorp.com

  • Market Cap$20.20B
  • Change (52 Weeks)0.09%
  • Low (52 Weeks)$21.75
  • Firstenergy Corp. (FE) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Firstenergy Corp. (FE) stock price is $37.15 and the 52 weeks low is $21.75, which means the Firstenergy Corp. stock price is up 0.09% in the last 12 months.

    Firstenergy Corp. (FE) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that FE Stock price might rise further, 31.25% indicating that FE Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall FE stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Firstenergy Corp. (FE) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Firstenergy Corp. (FE) is based on 24 Institutional Analyst Ratings where 41.67% are on Strong Buy, 20.83% on Moderate Buy, 33.33% remains on Hold, 0.00% are on Moderate Sell and 4.17% are on Strong Sell.

    Out of 24 Institutional Analysts, majority recommended FE stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Firstenergy Corp..

    Firstenergy Corp. (FE) Stock Price Prediction By Analysts


    HighLowAverage
    $48.30$33.33$40.58
    $40.589.24% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for FE set by the institutional analysts is $40.58 where High Estimate is $48.30, Median $41.82 and Low $33.33.

    The average price target for FE by Institutional Analysts is $40.58, which is 9.24% Upside from the current price. So according to the Institutional Analysts, FE Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Firstenergy Corp. (FE) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with FE stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about FE and holding their positions hoping for a further rise in the stock price and more profit.

    Firstenergy Corp. (FE) Stock Forecast Based on News Sentiment


    Bullish
    Based on 7 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about FE, it shows that Firstenergy Corp. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that FE stock price may surge in the next few weeks.

    Firstenergy Corp. (FE) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    KeybancOverweightUpgraded
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoUnderweightDowngraded
    Morgan StanleyOverweightMaintained
    Wells FargoEqual-WeightDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    RBC CapitalOutperformUpgraded
    Morgan StanleyOverweightMaintained
    MizuhoNeutralMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyMaintained
    ScotiaBankSector PerformDowngraded
    Wells FargoOverweightMaintained
    ScotiaBankSector PerformDowngraded
    KeyBancSector WeightDowngraded
    GuggenheimNeutralDowngraded
    Evercore ISI GroupIn-LineDowngraded
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyMaintained
    MizuhoNeutralDowngraded
    Seaport GlobalBuyInitiated
    Morgan StanleyOverweightMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightUpgraded
    Argus ResearchBuyUpgraded
    JP MorganNeutralMaintained
    B of A SecuritiesNeutralMaintained
    KeyBancOverweightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    MizuhoBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightDowngraded
    Bank of AmericaNeutralDowngraded
    KeyBancOverweightMaintained
    MizuhoNeutralDowngraded
    MizuhoBuyReiterated
    BarclaysOverweightUpgraded
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOutperformMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    Scotia Howard WeilSector OutperformInitiated
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightInitiated
    Morgan StanleyOverweightMaintained
    MizuhoBuyUpgraded
    Wells FargoOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyInitiated
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    JP MorganNeutralMaintained
    Morgan StanleyOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    JP MorganNeutralDowngraded
    Evercore ISI GroupIn-LineDowngraded
    BarclaysOverweightUpgraded
    Goldman SachsNeutralUpgraded
    Wells FargoMarket PerformDowngraded
    Deutsche BankHoldDowngraded
    BarclaysEqual-WeightDowngraded
    Deutsche BankBuyUpgraded
    UBSNeutralMaintained
    Evercore ISI GroupBuyUpgraded
    CitigroupNeutralUpgraded
    BarclaysOverweightUpgraded
    Morgan StanleyOverweightUpgraded
    Bank of AmericaBuyUpgraded
    Deutsche BankHoldMaintained
    Goldman SachsSellDowngraded
    CitigroupSellMaintained
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalSector PerformDowngraded
    JefferiesHoldDowngraded
    BarclaysEqual-WeightDowngraded
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    GuggenheimBuyUpgraded
    BarclaysOverweightMaintained
    Goldman SachsNeutralUpgraded
    UBSNeutralUpgraded
    JP MorganOverweightInitiated
    RBC CapitalOutperformUpgraded
    Deutsche BankHoldMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyUpgraded
    Bank of AmericaBuyUpgraded
    BarclaysOverweightUpgraded
    Deutsche BankHoldMaintained
    Goldman SachsSellDowngraded
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    BGC FinancialBuyUpgraded
    BarclaysEqual-WeightMaintained
    UBSSellDowngraded
    CitigroupSellMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    UBSNeutralMaintained
    JefferiesBuyUpgraded
    CitigroupSellMaintained
    Deutsche BankHoldMaintained
    CitigroupSellDowngraded
    Wells FargoOutperformUpgraded
    Goldman SachsNeutralUpgraded
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    JefferiesHoldUpgraded
    Deutsche BankHoldMaintained
    Wells FargoMarket PerformDowngraded
    JefferiesUnderperformMaintained
    Credit SuisseNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    JefferiesUnderperformMaintained
    JefferiesUnderperformMaintained
    Deutsche BankHoldMaintained
    UBSNeutralMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformMaintained
    JefferiesUnderperformDowngraded
    CitigroupNeutralMaintained
    Deutsche BankHoldDowngraded
    ISI GroupHoldMaintained
    UBSNeutralMaintained
    Tudor PickeringBuyInitiated
    Deutsche BankBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    UBSNeutralMaintained
    Goldman SachsNeutralInitiated
    Bank of AmericaBuyMaintained
    ISI GroupHoldMaintained
    UBSNeutralDowngraded
    JefferiesHoldMaintained
    ISI GroupHoldDowngraded
    JefferiesHoldUpgraded
    JefferiesUnderperformDowngraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    ISI GroupBuyUpgraded
    JefferiesHoldMaintained

    Firstenergy Corp. (FE) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.840
    The average consensus EPS for FE is $0.840 with a high estimate of $0.924 and Low of $0.745 for the period 2021-09-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.69$0.69610492021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.58712021-06-30
    $0.69$0.69610492021-03-31
    $0.32$0.47976372020-12-31
    $0.84$0.815762020-09-30
    $0.57$0.55969172020-06-30
    $0.66$0.6494152020-03-31
    $0.55$0.51206452019-12-31
    $0.76$0.75277552019-09-30
    $0.61$0.6143952019-06-30
    $0.67$0.699372019-03-31
    $0.5$0.48269922018-12-31
    $0.8$0.73284500000000012018-09-30
    $0.62$0.54053372018-06-30
    $0.67$0.6923662018-03-31
    $0.71$0.70301620000000012017-12-31
    $0.97$0.8924952017-09-30
    $0.61$0.61476579999999992017-06-30
    $0.78$0.73343212017-03-31
    $0.38$0.406850000000000042016-12-31
    $0.9$0.80833372016-09-30
    $0.56$0.55819822016-06-30
    $0.8$0.7760022016-03-31
    $0.58$0.58540052015-12-31
    $0.98$0.90839819999999992015-09-30
    $0.53$0.4935762015-06-30
    $0.62$0.53560000000000012015-03-31
    $0.8$0.77773242014-12-31
    $0.89$0.90257870000000012014-09-30
    $0.49$0.4527882014-06-30
    $0.39$0.421784999999999972014-03-31
    $0.75$0.70884600000000012013-12-31
    $0.94$0.9501752013-09-30
    $0.59$0.5567152013-06-30
    $0.76$0.70157422013-03-31
    $0.8$0.82740932012-12-31
    $1.11$1.09209872012-09-30
    $0.6$0.66031242012-06-30
    $0.82$0.83673082012-03-31
    $0.77$0.78168762011-12-31
    $1.34$1.26025652011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).