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In the latest session, WEC Energy Group Inc (NYSE: WEC) closed at $93.95 down -0.38% from its previous closing price of $94.31. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 3.26 million shares were traded. WEC stock price reached its highest trading level at $94.94 during the session, while it also had its lowest trading level at $93.89.
Ratios:
For a deeper understanding of WEC Energy Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 107.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.40.
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:
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 Aug 30 ’24 when Straka Mary Beth sold 3,240 shares for $93.04 per share. The transaction valued at 301,435 led to the insider holds 3,662 shares of the business.
MARY BETH STRAKA bought 3,240 shares of WEC for $301,435 on Aug 30 ’24. On Aug 28 ’24, another insider, Guc William J, who serves as the Vice President & Controller of the company, sold 6,000 shares for $92.99 each. As a result, the insider received 557,918 and left with 7,702 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 29695621120 and an Enterprise Value of 48723447808. As of this moment, WEC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.69, and their Forward P/E ratio for the next fiscal year is 17.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 5.648 whereas that against EBITDA is 13.661.
Stock Price History:
Over the past 52 weeks, WEC has reached a high of $97.08, while it has fallen to a 52-week low of $75.13. The 50-Day Moving Average of the stock is 1.02%, while the 200-Day Moving Average is calculated to be 11.90%.
Shares Statistics:
For the past three months, WEC has traded an average of 2.22M shares per day and 2099480 over the past ten days. A total of 316.08M shares are outstanding, with a floating share count of 315.46M. Insiders hold about 0.20% of the company’s shares, while institutions hold 78.96% stake in the company. Shares short for WEC as of 1727654400 were 9389262 with a Short Ratio of 4.23, compared to 1724976000 on 9636463. Therefore, it implies a Short% of Shares Outstanding of 9389262 and a Short% of Float of 3.4299999999999997.
Dividends & Splits
According to the company, the forward annual dividend rate for WEC is 3.29, from 3.23 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034248754The stock’s 5-year Average Dividend Yield is 3.07.
