Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, a public service company, engages in the distribution and sale of electricity in Argentina. It serves approximately 8.5 million people in the northwestern part of the greater Buenos Aires metropolitan area and the northern part of the City of Buenos Aires through the concession of 4,637 square kilometers. The company was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in June 1996. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Electricidad Argentina S.A.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Current SymbolNYSE:EDN
Previous Symbol
CUSIPN/A
Phone54-11-4346-5510
Debt
Debt-to-Equity Ratio3.90
Current Ratio0.92
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio-26.90
Forward P/E Ratio14.46
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales0.82
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.43 per share
Price / Book18.81
Profitability
EPS (Most Recent Fiscal Year)($1.00)
Net Income$41.20 million
Net Margins5.09%
Return on Equity112.26%
Return on Assets6.41%
Miscellaneous
Employees4,789
Outstanding Shares44,850,000
Market Cap$1.20 billion
OptionableNot Optionable
Empresa Distribuidora y Cmrz Nrt (NYSE:EDN) Frequently Asked Questions
What is Empresa Distribuidora y Cmrz Nrt's stock symbol?
Empresa Distribuidora y Cmrz Nrt trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDN."
How were Empresa Distribuidora y Cmrz Nrt's earnings last quarter?
Empresa Distribuidora y Cmrz Nrt SA (NYSE:EDN) issued its quarterly earnings data on Tuesday, November, 13th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter. The utilities provider had revenue of $450.14 million for the quarter. Empresa Distribuidora y Cmrz Nrt had a return on equity of 112.26% and a net margin of 5.09%. View Empresa Distribuidora y Cmrz Nrt's Earnings History.
When is Empresa Distribuidora y Cmrz Nrt's next earnings date?
What price target have analysts set for EDN?
2 analysts have issued 1 year price objectives for Empresa Distribuidora y Cmrz Nrt's shares. Their predictions range from $26.50 to $26.50. On average, they expect Empresa Distribuidora y Cmrz Nrt's stock price to reach $26.50 in the next year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Empresa Distribuidora y Cmrz Nrt.
What is the consensus analysts' recommendation for Empresa Distribuidora y Cmrz Nrt?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empresa Distribuidora y Cmrz Nrt in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Empresa Distribuidora y Cmrz Nrt.
Has Empresa Distribuidora y Cmrz Nrt been receiving favorable news coverage?
Headlines about EDN stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Empresa Distribuidora y Cmrz Nrt earned a daily sentiment score of 1.1 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Empresa Distribuidora y Cmrz Nrt's key competitors?
Some companies that are related to Empresa Distribuidora y Cmrz Nrt include Enel Chile (ENIC), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), CEMIG (CIG), Clearway Energy (CWEN), PNM Resources (PNM), Ormat Technologies (ORA), Pampa Energia (PAM), Nextera Energy Partners (NEP), TerraForm Power (TERP), Companhia Paranaense de Energia (ELP), El Paso Electric (EE), Pattern Energy Group (PEGI) and Atlantica Yield (AY).
Who are Empresa Distribuidora y Cmrz Nrt's key executives?
Empresa Distribuidora y Cmrz Nrt's management team includes the folowing people:
- Mr. Ricardo Alejandro Torres, Chairman & CEO (Age 60)
- Mr. Leandro Carlos Montero, Chief Financial Officer (Age 42)
- Mr. Eduardo Maggi, Director of Operations (Age 63)
- Mr. Victor Augusto Ruiz, Principal Accounting Officer (Age 59)
- Mr. Daniel Eduardo Flaks, Technical Director (Age 54)
Who are Empresa Distribuidora y Cmrz Nrt's major shareholders?
Empresa Distribuidora y Cmrz Nrt's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Newfoundland Capital Management (4.21%), PointState Capital LP (0.89%), Banco Santander S.A. (0.22%), Sagil Capital LLP (0.20%), Credit Suisse AG (0.12%) and Man Group plc (0.11%).
Which major investors are selling Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was sold by a variety of institutional investors in the last quarter, including PointState Capital LP and Banco Santander S.A..
Which major investors are buying Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was acquired by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Sagil Capital LLP, Man Group plc, Credit Suisse AG, Mirae Asset Global Investments Co. Ltd., CarVal Investors LLC, Marshall Wace LLP and Acadian Asset Management LLC.
How do I buy shares of Empresa Distribuidora y Cmrz Nrt?
Shares of EDN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Empresa Distribuidora y Cmrz Nrt's stock price today?
One share of EDN stock can currently be purchased for approximately $26.90.
How big of a company is Empresa Distribuidora y Cmrz Nrt?
Empresa Distribuidora y Cmrz Nrt has a market capitalization of $1.20 billion and generates $1.47 billion in revenue each year. The utilities provider earns $41.20 million in net income (profit) each year or ($1.00) on an earnings per share basis. Empresa Distribuidora y Cmrz Nrt employs 4,789 workers across the globe.
What is Empresa Distribuidora y Cmrz Nrt's official website?
How can I contact Empresa Distribuidora y Cmrz Nrt?
Empresa Distribuidora y Cmrz Nrt's mailing address is AV. DEL LIBERTADOR 6363, BUENOS AIRES C1, C1428ARG. The utilities provider can be reached via phone at 54-11-4346-5510 or via email at [email protected]
MarketBeat Community Rating for Empresa Distribuidora y Cmrz Nrt (NYSE EDN)
MarketBeat's community ratings are surveys of what our community members think about Empresa Distribuidora y Cmrz Nrt and other stocks. Vote "Outperform" if you believe EDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
