Eversource Energy (NYSE: ES) on Friday, plunged -0.15% from the previous trading day, before settling in for the closing price of $64.59. Within the past 52 weeks, ES’s price has moved between $52.09 and $69.01.
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Annual sales at Utilities sector company grew by 7.53% over the past five years. The company achieved an average annual earnings per share of 5.00%. 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 41.34%, operating margin of 22.54%, and the pretax margin is -2.24%.
Eversource Energy (ES) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Eversource Energy is 0.27%, while institutional ownership is 82.46%. 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
According to the Wall Street analysts, stocks earnings will be around 5.00% per share during the next fiscal year.
Eversource Energy (NYSE: ES) Trading Performance Indicators
Eversource Energy (ES) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. 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 -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 1.69 million, a negative change from its year-to-date volume of 2.38 million. As of the previous 9 days, the stock’s Stochastic %D was 84.01%. Additionally, its Average True Range was 1.11.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 57.12%, which indicates a significant decrease from 85.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.97% in the past 14 days, which was lower than the 19.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.38, while its 200-day Moving Average is $61.92. Nevertheless, the first resistance level for the watch stands at $64.78 in the near term. At $65.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.44. If the price goes on to break the first support level at $64.12, it is likely to go to the next support level at $63.76. The third support level lies at $63.46 if the price breaches the second support level.
Eversource Energy (NYSE: ES) Key Stats
Market capitalization of the company is 23.59 billion based on 366,402K outstanding shares. Right now, sales total 11,911 M and income totals -442,240 K. The company made 3,063 M in profit during its latest quarter, and -118,060 K in sales during its previous quarter.
