(WTRG) Essential Utilities - Ratings and Ratios

Essential Utilities, Inc. is a leading provider of regulated utility services, delivering water, wastewater, and natural gas to approximately 5.5 million customers across nine states in the United States, operating under the Aqua and Peoples brands. The companys diverse service offerings include water and wastewater treatment, utility service line protection, and repair services, as well as natural gas distribution. With a rich history dating back to 1886, Essential Utilities has established itself as a trusted and reliable partner in the utility sector.

The companys operational footprint spans Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky, providing a stable and geographically diversified revenue stream. Essential Utilities commitment to delivering high-quality services is reflected in its robust infrastructure and customer-centric approach. As a regulated utility company, Essential Utilities is well-positioned to benefit from the growing demand for water and natural gas services, driven by population growth and infrastructure needs.

Analyzing the technical data, WTRGs current price is 37.66, with a 20-day SMA of 38.58 and a 50-day SMA of 39.17, indicating a potential short-term downtrend. However, the 200-day SMA of 37.74 suggests a longer-term uptrend. The ATR of 0.83 (2.20%) indicates moderate volatility. Considering the fundamental data, the companys market capitalization stands at 10.89B USD, with a P/E ratio of 17.41 and a forward P/E of 18.55, indicating a relatively stable valuation. The RoE of 9.81% suggests a decent return on equity.

Based on the technical and fundamental analysis, a forecast for WTRG is as follows: given the current price and SMA trends, we can expect a short-term correction, potentially testing the 52W low of 32.90. However, the long-term uptrend and stable valuation metrics suggest a rebound, potentially targeting the 52W high of 41.05. With a stable demand outlook and a commitment to delivering high-quality services, Essential Utilities is well-positioned for long-term growth. As such, a buy-and-hold strategy may be suitable for investors seeking exposure to the utility sector.