On Tuesday, Eversource Energy (NYSE: ES) opened lower -0.85% from the last session, before settling in for the closing price of $61.09. Price fluctuations for ES have ranged from $52.09 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 5.02% at the time writing. With a float of $365.42 million, this company’s outstanding shares have now reached $366.40 million.
Let’s look at the performance matrix of the company that is accounted for 10171 employees. In terms of profitability, gross margin is 34.82%, operating margin of 22.54%, and the pretax margin is -2.24%.
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 79.46%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.36 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.97) by 0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.02% 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 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit 1.02 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 2.66 million, a positive change from its year-to-date volume of 2.41 million. As of the previous 9 days, the stock’s Stochastic %D was 16.91%. Additionally, its Average True Range was 1.26.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 33.75%, which indicates a significant increase from 9.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.74% in the past 14 days, which was higher than the 19.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.62, while its 200-day Moving Average is $61.44. Nevertheless, the first resistance level for the watch stands at $60.99 in the near term. At $61.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.81. If the price goes on to break the first support level at $60.17, it is likely to go to the next support level at $59.76. The third support level lies at $59.35 if the price breaches the second support level.
Eversource Energy (NYSE: ES) Key Stats
There are currently 366,402K shares outstanding in the company with a market cap of 22.19 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 3,063 M and its income totaled -118,060 K.
