A new trading day began on Tuesday, with Eversource Energy (NYSE: ES) stock price down -2.92% from the previous day of trading, before settling in for the closing price of $66.49. ES’s price has ranged from $52.03 to $69.01 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 7.53% over the past five years. Meanwhile, its annual earnings per share averaged 5.15%. With a float of $356.43 million, this company’s outstanding shares have now reached $357.38 million.
Let’s look at the performance matrix of the company that is accounted for 10171 employees. In terms of profitability, gross margin is 34.75%, operating margin of 22.35%, and the pretax margin is 1.47%.
Eversource Energy (ES) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Eversource Energy is 0.27%, while institutional ownership is 82.41%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 5.15% per share during the next fiscal year.
Eversource Energy (NYSE: ES) Trading Performance Indicators
Here are Eversource Energy’s current performance indicators. According to the last quarter’s results, the 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 2.03.
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)
Eversource Energy (NYSE: ES) saw its 5-day average volume 1.54 million, a negative change from its year-to-date volume of 2.39 million. As of the previous 9 days, the stock’s Stochastic %D was 43.42%. Additionally, its Average True Range was 1.15.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 64.99%, which indicates a significant increase from 33.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.46% in the past 14 days, which was higher than the 18.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.50, while its 200-day Moving Average is $61.03. Nevertheless, the first resistance level for the watch stands at $65.73 in the near term. At $66.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.60. If the price goes on to break the first support level at $63.86, it is likely to go to the next support level at $63.16. Assuming the price breaks the second support level, the third support level stands at $61.99.
Eversource Energy (NYSE: ES) Key Stats
With a market capitalization of 23.07 billion, the company has a total of 357,385K Shares Outstanding. Currently, annual sales are 11,911 M while annual income is -442,240 K. The company’s previous quarter sales were 2,534 M while its latest quarter income was 335,340 K.
