Eversource Energy (ES) last year’s performance of 23.79% is a clear signal for an entertaining trading season.

Eversource Energy (NYSE: ES) kicked off on Tuesday, up 0.15% from the previous trading day, before settling in for the closing price of $66.13. Over the past 52 weeks, ES has traded in a range of $52.03-$69.01.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 7.53%. While this was happening, its average annual earnings per share was recorded 5.12%. With a float of $356.43 million, this company’s outstanding shares have now reached $357.38 million.

Considering the fact that the conglomerate employs 10171 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.75%, operating margin of 22.35%, and the pretax margin is 1.47%.

Eversource Energy (ES) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Eversource Energy is 0.27%, while institutional ownership is 82.42%. The most recent insider transaction that took place on Sep 26 ’24, was worth 1,944,418. Before that another transaction happened on Feb 23 ’24, when Company’s Trustee bought 125 for $58.93, making the entire transaction worth $7,366. This insider now owns 100 shares in total.

Eversource Energy (ES) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.97 earnings per share (EPS), lower than consensus estimate (set at 0.98) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.12% per share during the next fiscal year.

Eversource Energy (NYSE: ES) Trading Performance Indicators

Take a look at Eversource Energy’s (ES) current performance indicators. Last quarter, stock had a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.80 in one year’s time.

Technical Analysis of Eversource Energy (ES)

Compared to the last year’s volume of 2.41 million, its volume of 1.61 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.16%. Additionally, its Average True Range was 1.09.

During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 78.18%, which indicates a significant decrease from 80.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.18% in the past 14 days, which was lower than the 18.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $66.44, while its 200-day Moving Average is $60.84. Nevertheless, the first resistance level for the watch stands at $66.63 in the near term. At $67.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.70. If the price goes on to break the first support level at $65.56, it is likely to go to the next support level at $64.89. Now, if the price goes above the second support level, the third support stands at $64.49.

Eversource Energy (NYSE: ES) Key Stats

The company with the Market Capitalisation of 23.67 billion has total of 352,255K Shares Outstanding. Its annual sales at the moment are 11,911 M in contrast with the sum of -442,240 K annual income. Company’s last quarter sales were recorded 2,534 M and last quarter income was 335,340 K.