WEC Energy Group Inc. (NYSE: WEC) started the day on March 16, 2023, with a price increase of 0.18% at $94.86. During the day, the stock rose to $96.36 and sunk to $94.07 before settling in for the price of $94.69 at the close. Taking a more long-term approach, WEC posted a 52-week range of $80.82-$108.39.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 4.60%. Meanwhile, its Annual Earning per share during the time was 7.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8.40%. This publicly-traded company’s shares outstanding now amounts to $315.40 million, simultaneously with a float of $315.03 million. The organization now has a market capitalization sitting at $30.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $92.44, while the 200-day Moving Average is $96.22.
While finding the extent of efficiency of the company that is accounted for 7022 employees. For the Profitability, stocks gross margin was +19.45, operating margin was +16.81 and Pretax Margin of +18.05.
WEC Energy Group Inc. (WEC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Regulated Electric Industry. WEC Energy Group Inc.’s current insider ownership accounts for 0.13%, in contrast to 76.50% institutional ownership. According to the most recent insider trade that took place on Nov 28, this organization’s Director sold 950 shares at the rate of 97.59, making the entire transaction reach 92,708 in total value, affecting insider ownership by 21,375. Preceding that transaction, on Nov 22, Company’s President and CEO sold 5,000 for 97.18, making the whole transaction’s value amount to 485,879. This particular insider is now the holder of 24,601 in total.
WEC Energy Group Inc. (WEC) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2022, the organization reported $0.8 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.75) by $0.05. This company achieved a net margin of +14.68 while generating a return on equity of 12.61. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.
WEC Energy Group Inc.’s EPS increase for this current 12-month fiscal period is 8.40% and is forecasted to reach 4.90 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.03% through the next 5 years, which can be compared against the 7.20% growth it accomplished over the previous five years trading on the market.
WEC Energy Group Inc. (NYSE: WEC) Trading Performance Indicators
Let’s observe the current performance indicators for WEC Energy Group Inc. (WEC). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 2.21. Alongside those numbers, its PE Ratio stands at $21.30, and its Beta score is 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.16.
In the same vein, WEC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.45, a figure that is expected to reach 1.71 in the next quarter, and analysts are predicting that it will be 4.90 at the market close of one year from today.
Technical Analysis of WEC Energy Group Inc. (WEC)
If we take a close look at the recent performances of WEC Energy Group Inc. (NYSE: WEC), its last 5-days Average volume was 1.83 million that shows progress from its year to date volume of 1.31 million. During the previous 9 days, stock’s Stochastic %D was recorded 88.47% While, its Average True Range was 2.36.
Raw Stochastic average of WEC Energy Group Inc. (WEC) in the period of the previous 100 days is set at 60.59%, which indicates a major fall in contrast to 85.31% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.30% that was higher than 22.03% volatility it exhibited in the past 100-days period.