Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
WEC Energy Group Inc (NYSE: WEC) closed the day trading at $97.72 down -0.64% from the previous closing price of $98.35. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1.44 million shares were traded. WEC stock price reached its highest trading level at $98.645 during the session, while it also had its lowest trading level at $97.525.
Ratios:
For a better understanding of WEC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 90.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.59 whereas as Long-Term Debt/Eq ratio is at 1.39.
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 Nov 21 ’24 when Lauber Scott J sold 6,720 shares for $100.89 per share. The transaction valued at 677,998 led to the insider holds 45,709 shares of the business.
KLAPPA GALE E sold 40,269 shares of WEC for $4,009,180 on Nov 21 ’24. The Director now owns 273,248 shares after completing the transaction at $99.56 per share. On Nov 20 ’24, another insider, KLAPPA GALE E, who serves as the Director of the company, sold 4,000 shares for $99.28 each. As a result, the insider received 397,108 and left with 273,248 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 31113459712 and an Enterprise Value of 50210754560. As of this moment, WEC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.90, and their Forward P/E ratio for the next fiscal year is 18.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 5.884 whereas that against EBITDA is 14.39.
Stock Price History:
Over the past 52 weeks, WEC has reached a high of $102.79, while it has fallen to a 52-week low of $75.13. The 50-Day Moving Average of the stock is 0.23%, while the 200-Day Moving Average is calculated to be 11.96%.
Shares Statistics:
Over the past 3-months, WEC traded about 2.00M shares per day on average, while over the past 10 days, WEC traded about 1562460 shares per day. A total of 316.35M shares are outstanding, with a floating share count of 315.86M. Insiders hold about 0.16% of the company’s shares, while institutions hold 81.00% stake in the company. Shares short for WEC as of 1731628800 were 10575668 with a Short Ratio of 5.28, compared to 1728950400 on 10006402. Therefore, it implies a Short% of Shares Outstanding of 10575668 and a Short% of Float of 3.8599998.
Dividends & Splits
WEC’s forward annual dividend rate is 3.34, up from 3.285 a year ago. Against a Trailing Annual Dividend Yield of 0.03340112The stock’s 5-year Average Dividend Yield is 3.1.
