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In the latest session, Eversource Energy (NYSE: ES) closed at $66.66 down -0.57% from its previous closing price of $67.04. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 1.09 million shares were traded. ES stock price reached its highest trading level at $67.29 during the session, while it also had its lowest trading level at $66.08.
Ratios:
For a deeper understanding of Eversource Energy’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 23823284224 and an Enterprise Value of 52900270080. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 4.66 whereas that against EBITDA is 13.135.
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 7.14%, while the 200-Day Moving Average is calculated to be 11.77%.
Shares Statistics:
For the past three months, ES has traded an average of 2.17M shares per day and 1890290 over the past ten days. A total of 357.38M shares are outstanding, with a floating share count of 356.41M. Insiders hold about 0.27% of the company’s shares, while institutions hold 83.29% stake in the company. Shares short for ES as of 1723680000 were 4026474 with a Short Ratio of 1.85, compared to 1721001600 on 4551609. Therefore, it implies a Short% of Shares Outstanding of 4026474 and a Short% of Float of 1.47.
Dividends & Splits
According to the company, the forward annual dividend rate for ES is 2.78, from 2.78 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04146778The stock’s 5-year Average Dividend Yield is 3.13.
