Eversource Energy[ES] stock saw a move by -0.76% on Thursday, touching 618462. Based on the recent volume, Eversource Energy stock traders appear to be active. The most recent trading volume of ES shares recorded 321.83M shares, which represents the daily volume of traded shares. Analysts estimates state that Eversource Energy [ES] stock could reach median target price of $78.00.
Eversource Energy [ES] stock additionally went up by +0.45% in the period of the 7 days, recording a gain in performance by 2.77% in the last 30 days. The yearly more of ES stock is set at 33.17% by far, with shares price recording returns by 11.67% in the latest quarter. Over the past six months, ES shares showcased 17.61% increase. ES saw -0.78% change opposing the low price in the last 12 months, also recording 35.34% compared to high within the same period of time.
Eversource Energy [NYSE:ES]: Analyst Rating and Earnings
Equities traders oftentimes stay updated on what leading stock market analysts say about a potential stock purchase. When it comes to Eversource Energy [ES], the most recently available average analyst rating is from the quarter that ends in December. On average, stock market experts give ES an Outperform rating. Its stock price has been found in the range of 57.49 to 78.42. This is compared to its latest closing price of $78.40.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Eversource Energy [ES] is sitting at 2.18. This is compared to 1 month ago, when its average rating was 2.22.
For the quarter ending in Mar-19 Eversource Energy [ES] generated $2.42 billion in sales. That’s 4.49% higher than the average estimate of $2.31 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Tue 30 Jul (In 11 Days).
Fundamental Analysis of Eversource Energy [ES]
Now let’s turn to look at profitability: with a current Operating Margin for Eversource Energy [ES] sitting at +23.10 and its Gross Margin at +32.47, this company’s Net Margin is now 12.50%. These measurements indicate that Eversource Energy [ES] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 7.66, and its Return on Invested Capital has reached 5.40%. Its Return on Equity is 9.15, and its Return on Assets is 2.77. These metrics suggest that this Eversource Energy does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Eversource Energy [ES] has generated a Total Debt to Total Equity ratio of 127.48. Similarly, its Total Debt to Total Capital is 56.04, while its Total Debt to Total Assets stands at 38.29. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 111.79, and its Long-Term Debt to Total Capital is 49.14. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is 13.02 and its Total Debt to EBITDA Value is 4.84. The Enterprise Value to Sales for this firm is now 4.59, and its Total Debt to Enterprise Value stands at 0.41. Eversource Energy [ES] has a Price to Book Ratio of 1.79, a Price to Cash Flow Ratio of 11.59 and P/E Ratio of 23.12. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Eversource Energy [ES] earns $1,056,289 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 7.36 and its Total Asset Turnover is 0.23. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.50 and its Current Ratio is 0.56. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Eversource Energy [ES] has 321.83M shares outstanding, amounting to a total market cap of $25.23B. Its stock price has been found in the range of 57.49 to 78.42. At its current price, it has moved down by -0.78% from its 52-week high, and it has moved up 35.34% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 57.95. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Eversource Energy [ES] a Reliable Buy?
Shares of Eversource Energy [ES], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.