On Tuesday, Eversource Energy (NYSE: ES) was -1.79% down from the session before settling in for the closing price of $58.24. A 52-week range for ES has been $52.03 – $79.92.
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During the last 5-year period, the sales growth of Utilities Sector giant was 7.53%. When this article was written, the company’s average yearly earnings per share was at 4.76%. With a float of $348.00 million, this company’s outstanding shares have now reached $349.54 million.
Let’s determine the extent of company efficiency that accounts for 10171 employees.
Eversource Energy (ES) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eversource Energy stocks. The insider ownership of Eversource Energy is 0.48%, while institutional ownership is 81.37%. The most recent insider transaction that took place on Mar 01 ’24, was worth 47,775. In this transaction Trustee of this company sold 822 shares at a rate of $58.12, taking the stock ownership to the 10,485 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Trustee sold 2,714 for $57.60, making the entire transaction worth $156,337. This insider now owns 21,621 shares in total.
Eversource Energy (ES) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 4.76% per share during the next fiscal year.
Eversource Energy (NYSE: ES) Trading Performance Indicators
You can see what Eversource Energy (ES) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.26, a number that is poised to hit 1.49 in the next quarter and is forecasted to reach 4.80 in one year’s time.
Technical Analysis of Eversource Energy (ES)
Looking closely at Eversource Energy (NYSE: ES), its last 5-days average volume was 2.08 million, which is a drop from its year-to-date volume of 3.03 million. As of the previous 9 days, the stock’s Stochastic %D was 21.96%. Additionally, its Average True Range was 1.33.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 40.72%, which indicates a significant increase from 14.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.61% in the past 14 days, which was lower than the 27.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.08, while its 200-day Moving Average is $60.58. However, in the short run, Eversource Energy’s stock first resistance to watch stands at $57.84. Second resistance stands at $58.49. The third major resistance level sits at $59.07. If the price goes on to break the first support level at $56.61, it is likely to go to the next support level at $56.03. Should the price break the second support level, the third support level stands at $55.38.
Eversource Energy (NYSE: ES) Key Stats
There are 350,727K outstanding shares of the company, which has a market capitalization of 20.00 billion. As of now, sales total 11,911 M while income totals -442,240 K. Its latest quarter income was 2,694 M while its last quarter net income were -1,288 M.
