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Eversource Energy (NYSE: ES) closed the day trading at $60.70 down -2.21% from the previous closing price of $62.07. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 4.18 million shares were traded. ES stock price reached its highest trading level at $61.77 during the session, while it also had its lowest trading level at $59.88.
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 Sep 26 ’24 when Carmody Christine M bought 29,467 shares for $65.99 per share.
NOVA DANIEL J bought 125 shares of ES for $7,366 on Feb 23 ’24. The Trustee now owns 100 shares after completing the transaction at $58.93 per share. On Mar 26 ’24, another insider, NOVA DANIEL J, who serves as the Trustee of the company, bought 125 shares for $56.59 each. As a result, the insider paid 7,074 and bolstered with 200 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 22593452032 and an Enterprise Value of 51171803136. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 4.402 whereas that against EBITDA is 12.303.
Stock Price History:
Over the past 52 weeks, ES has reached a high of $69.01, while it has fallen to a 52-week low of $52.09. The 50-Day Moving Average of the stock is -8.20%, while the 200-Day Moving Average is calculated to be -1.00%.
Shares Statistics:
Over the past 3-months, ES traded about 2.08M shares per day on average, while over the past 10 days, ES traded about 2273730 shares per day. A total of 357.38M shares are outstanding, with a floating share count of 356.43M. Insiders hold about 0.27% of the company’s shares, while institutions hold 81.37% stake in the company. Shares short for ES as of 1728950400 were 4449449 with a Short Ratio of 2.14, compared to 1726185600 on 4253569. Therefore, it implies a Short% of Shares Outstanding of 4449449 and a Short% of Float of 1.5800001000000001.
Dividends & Splits
ES’s forward annual dividend rate is 2.82, up from 2.82 a year ago. Against a Trailing Annual Dividend Yield of 0.045432575The stock’s 5-year Average Dividend Yield is 3.21.
