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The price of Eversource Energy (NYSE: ES) closed at $61.04 in the last session, down -0.21% from day before closing price of $61.17. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 1.52 million shares were traded. ES stock price reached its highest trading level at $61.33 during the session, while it also had its lowest trading level at $60.51.
Ratios:
We take a closer look at ES’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.74.
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, Goldman on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $73.
On April 04, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $62 to $67.
Mizuho Upgraded its Neutral to Buy on February 15, 2024, whereas the target price for the stock was revised from $54 to $62.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when FORRY LINDA DORCENA sold 822 shares for $58.12 per share. The transaction valued at 47,775 led to the insider holds 10,485 shares of the business.
Williams Frederica M sold 2,714 shares of ES for $156,337 on Feb 26 ’24. The Trustee now owns 21,621 shares after completing the transaction at $57.60 per share. On Jan 18 ’24, another insider, VAN FAASEN WILLIAM C, who serves as the Trustee of the company, sold 2,714 shares for $54.50 each. As a result, the insider received 147,913 and left with 19,619 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 21501646848 and an Enterprise Value of 49730752512. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 4.344 whereas that against EBITDA is 12.576.
Stock Price History:
Over the past 52 weeks, ES has reached a high of $77.92, while it has fallen to a 52-week low of $52.03. The 50-Day Moving Average of the stock is 3.04%, while the 200-Day Moving Average is calculated to be 2.25%.
Shares Statistics:
According to the various share statistics, ES traded on average about 2.64M shares per day over the past 3-months and 2294320 shares per day over the past 10 days. A total of 352.25M shares are outstanding, with a floating share count of 351.22M. Insiders hold about 0.29% of the company’s shares, while institutions hold 80.64% stake in the company. Shares short for ES as of 1713139200 were 5218714 with a Short Ratio of 1.98, compared to 1710460800 on 5207868. Therefore, it implies a Short% of Shares Outstanding of 5218714 and a Short% of Float of 1.95.
Dividends & Splits
The forward annual dividend rate for ES is 2.74, which was 2.74 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0447932The stock’s 5-year Average Dividend Yield is 3.04.
