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Eversource Energy (NYSE: ES) closed the day trading at $64.85 down -2.41% from the previous closing price of $66.45. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 3.63 million shares were traded. ES stock price reached its highest trading level at $65.925 during the session, while it also had its lowest trading level at $64.66.
Ratios:
For a better understanding of ES, let’s 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 23176415232 and an Enterprise Value of 52825219072. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 4.653 whereas that against EBITDA is 13.116.
Stock Price History:
The Beta on a monthly basis for ES is 0.61, which has changed by 0.030712008 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. 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 6.72%, while the 200-Day Moving Average is calculated to be 9.81%.
Shares Statistics:
Over the past 3-months, ES traded about 2.13M shares per day on average, while over the past 10 days, ES traded about 2515340 shares per day. 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 83.92% stake in the company. Shares short for ES as of 1722384000 were 4267072 with a Short Ratio of 2.00, 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
ES’s forward annual dividend rate is 2.78, up from 2.78 a year ago. Against a Trailing Annual Dividend Yield of 0.041835967The stock’s 5-year Average Dividend Yield is 3.13.
