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After finishing at $68.23 in the prior trading day, Eversource Energy (NYSE: ES) closed at $67.49, down -1.08%. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 1.57 million shares were traded. ES stock price reached its highest trading level at $68.145 during the session, while it also had its lowest trading level at $67.14.
Ratios:
Our goal is to gain a better understanding of ES by taking a closer 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 Oct 13 ’23 when NOVA DANIEL J bought 325 shares for $54.49 per share. The transaction valued at 17,709 led to the insider holds 390 shares of the business.
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 24119912448 and an Enterprise Value of 53196898304. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 4.686 whereas that against EBITDA is 13.208.
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 $52.03. The 50-Day Moving Average of the stock is 3.89%, while the 200-Day Moving Average is calculated to be 11.93%.
Shares Statistics:
The stock has traded on average 2.13M shares per day over the past 3-months and 1731090 shares per day over the last 10 days, according to various share statistics. 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 82.31% stake in the company. Shares short for ES as of 1724976000 were 4550668 with a Short Ratio of 2.13, compared to 1722384000 on 4267072. Therefore, it implies a Short% of Shares Outstanding of 4550668 and a Short% of Float of 1.66.
Dividends & Splits
In the trailing 12 months, ES’s forward annual dividend rate was 2.78, compared to 2.78 this year. Against a Trailing Annual Dividend Yield of 0.04074454The stock’s 5-year Average Dividend Yield is 3.15.
