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After finishing at $66.00 in the prior trading day, Eversource Energy (NYSE: ES) closed at $66.53, up 0.80%. In other words, the price has increased by $0.80 from its previous closing price. On the day, 2.25 million shares were traded. ES stock price reached its highest trading level at $66.705 during the session, while it also had its lowest trading level at $66.01.
Ratios:
Our goal is to gain a better understanding of ES by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.95 whereas as Long-Term Debt/Eq ratio is at 1.77.
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:
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 13 ’24 when Conner Penelope M sold 815 shares for $65.50 per share. The transaction valued at 53,382 led to the insider holds 9,032 shares of the business.
Conner Penelope M bought 815 shares of ES for $53,382 on Aug 13 ’24. On Aug 09 ’24, another insider, Conner Penelope M, who serves as the EVP-Cust Exp & Energy Strategy of the company, sold 500 shares for $64.94 each. As a result, the insider received 32,468 and left with 9,847 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 23776823296 and an Enterprise Value of 52853809152. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 4.656 whereas that against EBITDA is 13.123.
Stock Price History:
Over the past 52 weeks, ES has reached a high of $68.72, while it has fallen to a 52-week low of $52.03. The 50-Day Moving Average of the stock is 8.62%, while the 200-Day Moving Average is calculated to be 12.19%.
Shares Statistics:
The stock has traded on average 2.18M shares per day over the past 3-months and 2612000 shares per day over the last 10 days, according to various share statistics. A total of 357.38M shares are outstanding, with a floating share count of 355.96M. Insiders hold about 0.40% of the company’s shares, while institutions hold 83.68% stake in the company. Shares short for ES as of 1722384000 were 4267072 with a Short Ratio of 1.96, compared to 1719532800 on 4919275. Therefore, it implies a Short% of Shares Outstanding of 4267072 and a Short% of Float of 1.55.
Dividends & Splits
In the trailing 12 months, ES’s forward annual dividend rate was 2.78, compared to 2.78 this year. Against a Trailing Annual Dividend Yield of 0.042121213The stock’s 5-year Average Dividend Yield is 3.13.
