(WTRG) Essential Utilities - Ratings and Ratios

Essential Utilities, Inc. (NYSE:WTRG) operates as a regulated utility company providing water, wastewater, and natural gas services across the United States. The company is divided into two primary segments: Regulated Water and Regulated Natural Gas. It serves approximately 5.5 million customers through its Aqua and Peoples brands, spanning states such as Pennsylvania, Ohio, Texas, Illinois, and others. The company, originally known as Aqua America, rebranded to Essential Utilities in 2020, reflecting its expanded service offerings. Founded in 1886, it is headquartered in Bryn Mawr, Pennsylvania.

The company has strategically expanded through acquisitions, particularly in the water and gas sectors, enhancing its market presence. Essential Utilities is known for its significant investments in infrastructure, ensuring reliable service delivery. It emphasizes environmental sustainability, aligning with current environmental practices. Its customer base includes both residential and industrial sectors, providing a diversified revenue stream.

3-Month Forecast: Based on technical and fundamental analysis, WTRGs stock is projected to trade between $39.48 and $42.96. The stock is currently above its 20, 50, and 200-day moving averages, indicating bullish momentum. The average true range (ATR) of 1.04 suggests moderate volatility, with potential support near the SMA 50 and 200 levels. Fundamentally, while the P/E ratio of 18.52 and forward P/E of 19.19 may indicate a premium valuation, the companys consistent performance and expansion efforts could support this valuation. The price-to-sales ratio of 5.31 reflects a premium for its stable utility operations.