Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) Stock Price, News & Analysis

Company Overview

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A..

Key Stats

• Today's Range: $33.33 to $35.45
• 50-Day Range: $21.54 to $34.76
• 52-Week Range: $10.68 to $35.45
• Volume: 165,160 shs
• Average Volume: 215,710 shs
• Market Capitalization: $1.55 billion
• P/E Ratio: 6.66
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Analysis - MarketRank™

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima scored higher than 42% of companies evaluated by MarketBeat, and ranked 75th out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 420.83%

Earnings Growth

Earnings for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima are expected to grow by 420.83% in the coming year, from $0.24 to $1.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is 6.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is 6.66, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.80.

Price to Book Value per Share Ratio

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.22% of the outstanding shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima have been sold short.

Short Interest Ratio / Days to Cover

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has recently increased by 130.99%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima does not currently pay a dividend.

Dividend Growth

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.22% of the outstanding shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima have been sold short.

Short Interest Ratio / Days to Cover

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has recently increased by 130.99%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.31

News Sentiment

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Empresa Distribuidora y Comercializadora Norte Sociedad Anónima to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.64% of the stock of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is held by institutions.

EDN Stock Analysis - Frequently Asked Questions

How have EDN shares performed this year?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's stock was trading at $19.37 at the start of the year. Since then, EDN shares have increased by 76.7% and is now trading at $34.23.
View the best growth stocks for 2024 here.

How were Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's earnings last quarter?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) posted its earnings results on Wednesday, August, 7th. The utilities provider reported $1.46 EPS for the quarter, beating the consensus estimate of ($0.05) by $1.51. The utilities provider earned $551.43 million during the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima had a trailing twelve-month return on equity of 18.97% and a net margin of 10.22%.

Who are Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's major shareholders?

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's top institutional shareholders include Helikon Investments Ltd (1.79%), BlueCrest Capital Management Ltd (0.11%), BNP Paribas Financial Markets (0.09%) and Quadrature Capital Ltd (0.03%).

How do I buy shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima?

Shares of EDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima investors own include Pampa Energía (PAM), Super Micro Computer (SMCI), Axcelis Technologies (ACLS), ASML (ASML), M/I Homes (MHO), Opera (OPRA) and Oracle (ORCL).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:EDN
• CUSIP: N/A
• CIK: 1395213
• Web: www.edenor.com.ar
• Phone: 541143465000
• Fax: 54-11-4346-5325
• Employees: 6,647
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $5.14
• Trailing P/E Ratio: 6.66
• Forward P/E Ratio: 142.63
• P/E Growth: N/A
• Net Income: $183.81 million
• Net Margins: 10.22%
• Pretax Margin: 19.33%
• Return on Equity: 18.97%
• Return on Assets: 5.68%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 0.82
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $2.67 billion
• Price / Sales: 0.58
• Cash Flow: $11.26 per share
• Price / Cash Flow: 3.04
• Book Value: $27.17 per share
• Price / Book: 1.26

Miscellaneous

• Outstanding Shares: 45,320,000
• Free Float: N/A
• Market Cap: $1.55 billion
• Optionable: Not Optionable
• Beta: 1.36