On Friday, Eversource Energy (NYSE: ES) opened lower -3.31% from the last session, before settling in for the closing price of $65.85. Price fluctuations for ES have 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. Company’s average yearly earnings per share was noted 5.11% at the time writing. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Eversource Energy is 0.27%, while institutional ownership is 82.38%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.11% per share during the next fiscal year.
Eversource Energy (NYSE: ES) Trading Performance Indicators
Check out the current performance indicators for Eversource Energy (ES). In the past quarter, the stock posted a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 4.79 in one year’s time.
Technical Analysis of Eversource Energy (ES)
Eversource Energy (NYSE: ES) saw its 5-day average volume 2.32 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 31.55%. Additionally, its Average True Range was 1.25.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 58.08%, which indicates a significant increase from 2.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.66% in the past 14 days, which was higher than the 19.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.41, while its 200-day Moving Average is $61.18. Nevertheless, the first resistance level for the watch stands at $65.41 in the near term. At $67.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $68.08. If the price goes on to break the first support level at $62.75, it is likely to go to the next support level at $61.83. The third support level lies at $60.09 if the price breaches the second support level.
Eversource Energy (NYSE: ES) Key Stats
There are currently 357,385K shares outstanding in the company with a market cap of 22.00 billion. Presently, the company’s annual sales total 11,911 M according to its annual income of -442,240 K. Last quarter, the company’s sales amounted to 2,534 M and its income totaled 335,340 K.
