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After finishing at $95.33 in the prior trading day, WEC Energy Group Inc (NYSE: WEC) closed at $96.03, up 0.73%. In other words, the price has increased by $0.73 from its previous closing price. On the day, 2.99 million shares were traded. WEC stock price reached its highest trading level at $96.205 during the session, while it also had its lowest trading level at $94.97.
Ratios:
Our goal is to gain a better understanding of WEC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 110.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 20, 2024, initiated with a Hold rating and assigned the stock a target price of $102.
On April 10, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $88.
JP Morgan Downgraded its Neutral to Underweight on February 02, 2024, whereas the target price for the stock was revised from $90 to $84.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’24 when Straka Mary Beth sold 3,240 shares for $93.04 per share. The transaction valued at 301,435 led to the insider holds 3,662 shares of the business.
MARY BETH STRAKA bought 3,240 shares of WEC for $301,435 on Aug 30 ’24. On Aug 28 ’24, another insider, Guc William J, who serves as the Vice President & Controller of the company, sold 6,000 shares for $92.99 each. As a result, the insider received 557,918 and left with 7,702 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, WEC now has a Market Capitalization of 30353065984 and an Enterprise Value of 49267105792. As of this moment, WEC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.17, and their Forward P/E ratio for the next fiscal year is 18.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.52 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 5.711 whereas that against EBITDA is 13.814.
Stock Price History:
Over the past 52 weeks, WEC has reached a high of $100.31, while it has fallen to a 52-week low of $75.13. The 50-Day Moving Average of the stock is 0.64%, while the 200-Day Moving Average is calculated to be 13.13%.
Shares Statistics:
The stock has traded on average 2.23M shares per day over the past 3-months and 1871370 shares per day over the last 10 days, according to various share statistics. A total of 316.08M shares are outstanding, with a floating share count of 315.58M. Insiders hold about 0.16% of the company’s shares, while institutions hold 79.17% stake in the company. Shares short for WEC as of 1728950400 were 10006402 with a Short Ratio of 4.49, compared to 1726185600 on 10376967. Therefore, it implies a Short% of Shares Outstanding of 10006402 and a Short% of Float of 3.65.
Dividends & Splits
In the trailing 12 months, WEC’s forward annual dividend rate was 3.23, compared to 3.29 this year. Against a Trailing Annual Dividend Yield of 0.0338823The stock’s 5-year Average Dividend Yield is 3.07.
