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In the latest session, Eversource Energy (NYSE: ES) closed at $61.31 down -3.71% from its previous closing price of $63.67. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 2.21 million shares were traded. ES stock price reached its highest trading level at $63.55 during the session, while it also had its lowest trading level at $61.27.
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 0.76 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.75.
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 Dec-04-24, initiated with a Underperform rating and assigned the stock a target price of $52.
On June 25, 2024, BofA Securities Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $61.
On April 10, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $73.Goldman initiated its Buy rating on April 10, 2024, with a $73 target price.
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 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 22464106496 and an Enterprise Value of 51062464512. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 4.393 whereas that against EBITDA is 12.307.
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 -4.52%, while the 200-Day Moving Average is calculated to be -1.04%.
Shares Statistics:
For the past three months, ES has traded an average of 2.02M shares per day and 1823250 over the past ten days. A total of 366.40M shares are outstanding, with a floating share count of 365.42M. Insiders hold about 0.27% of the company’s shares, while institutions hold 82.46% stake in the company. Shares short for ES as of 1731628800 were 4371578 with a Short Ratio of 2.17, compared to 1728950400 on 4449449. Therefore, it implies a Short% of Shares Outstanding of 4371578 and a Short% of Float of 1.54.
Dividends & Splits
According to the company, the forward annual dividend rate for ES is 2.82, from 2.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.044290874The stock’s 5-year Average Dividend Yield is 3.24.
