Home News Recent Movement: El Paso Electric Company (NYSE: EE)

Recent Movement: El Paso Electric Company (NYSE: EE)

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El Paso Electric Company trades as part of the regulated utilities industry and utilities sector. The company CEO is Mary E. Kipp. El Paso Electric Co is a public utility company which is engaged in the generation, transmission and distribution of electricity in in the Southwestern U.S.

Previous Intraday Trading Performance:

The EE stock showed a previous change of 0.87% with an open at 65.00 and a close of 65.32. It reached an intraday high of 65.33 and a low of 64.86.

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Liquidity:

The stock has a market cap of $2.7b with 40.6m shares outstanding, of which the float is 39.4m shares. Trading volume reached 550,704 shares compared to its average volume of 577,791 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, El Paso Electric Company shares returned 0.31% and in the past 30 trading days it returned 8.65%. Over three months, it changed 10.56%. In one year it has changed 21.00% and within that year its 52-week high was 66.83 and its 52-week low was 47.99. EE stock is 36.11% above its 52 Week Low.

Our calculations show a 200 day moving average of 56.87 and a 50 day moving average of 60.44. Currently EE stock is trading 14.86% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 2.07 that ended on 31st of December 2018, which according to the previous close, that is a PE of 31.56.The TTM EPS is 2.50, which comes to a TTM PE of 26.13. Historically, the PE high was 31.56 and the PE low was 14.90. If the stock reached its PE low, that would represent a price of 37.25, which is a decrease of -42.98%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/08/2019): 0.15
4thQtr of 2018 (Reported on 02/27/2019): -0.38
3rdQtr of 2018 (Reported on 11/01/2018): 1.79
2ndQtr of 2018 (Reported on 08/02/2018): 0.82
1stQtr of 2018 (Reported on 05/03/2018): -0.17

The dividend per share is currently 1.54, which is a dividend yield of 2.36%.

Base on our calculations, the intrinsic value per share is 12.05, which means it may be overvalued by -442.15%.

Indicators to Watch:

Short-interest was 924,291, which was 2.28% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.32. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.58.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.94%, return on assets is 2.82%, profit margin is 10.82%, price-to-sales is 2.92 and price-to-book is 2.27.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 1  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.