Friday, June 29, 2007

Consolidated Edison Inc.

Consolidated Edison Inc. is a high-yielding company with a forward-looking price to earnings ratio of just 13.88 times next year’s projected earnings. With a recent ticker price of $45.16, Consolidated Edison Inc. is ready for significant appreciation. The company’s operating profit margin is an impressive 14.62%. This results in an annual operating cash flow of $1.250B.

Consolidated Edison Inc. is a cash cow that has a reasonably attractive valuation. With a beta of 0.05, the company is less risky than the stock market as a whole. This information is useful, but a more careful analysis of Consolidated Edison Inc. reveals that the company’s risk profile is not as volatile as many of its competitors. It’s important to invest in a sufficiently liquid stock that money can be taken out of the position on every trading day and Consolidated Edison Inc.’s total market capitalization of $11.717B is ample proof of such liquidity.

0 comments: