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The price of Eversource Energy (NYSE: ES) closed at $58.09 in the last session, up 0.43% from day before closing price of $57.84. In other words, the price has increased by $0.43 from its previous closing price. On the day, 1.83 million shares were traded. ES stock price reached its highest trading level at $58.17 during the session, while it also had its lowest trading level at $57.29.
Ratios:
We take a closer look at ES’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.74.
On April 10, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $73.
UBS Upgraded its Neutral to Buy on April 04, 2024, whereas the target price for the stock was revised from $62 to $67.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 31 ’24 when Conner Penelope M sold 2,700 shares for $58.75 per share. The transaction valued at 158,633 led to the insider holds 10,272 shares of the business.
BUTLER GREGORY B sold 10,000 shares of ES for $562,010 on May 29 ’24. The Executive VP & General Counsel now owns 63,808 shares after completing the transaction at $56.20 per share. On Mar 01 ’24, another insider, FORRY LINDA DORCENA, who serves as the Trustee of the company, sold 822 shares for $58.12 each. As a result, the insider received 47,775 and left with 10,485 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ES now has a Market Capitalization of 20462493696 and an Enterprise Value of 48645808128. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 4.249 whereas that against EBITDA is 12.302.
Stock Price History:
The Beta on a monthly basis for ES is 0.60, which has changed by -0.20468235 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, ES has reached a high of $74.81, while it has fallen to a 52-week low of $52.03. The 50-Day Moving Average of the stock is -1.63%, while the 200-Day Moving Average is calculated to be -0.18%.
Shares Statistics:
According to the various share statistics, ES traded on average about 1.99M shares per day over the past 3-months and 1805600 shares per day over the past 10 days. A total of 352.25M shares are outstanding, with a floating share count of 351.23M. Insiders hold about 0.29% of the company’s shares, while institutions hold 82.18% stake in the company. Shares short for ES as of 1718323200 were 5705180 with a Short Ratio of 2.86, compared to 1715731200 on 4810706. Therefore, it implies a Short% of Shares Outstanding of 5705180 and a Short% of Float of 2.12.
Dividends & Splits
The forward annual dividend rate for ES is 2.78, which was 2.74 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.04737206The stock’s 5-year Average Dividend Yield is 3.1.
