WEC Energy Group Inc (NYSE: WEC) kicked off on Tuesday, up 0.04% from the previous trading day, before settling in for the closing price of $97.11. Over the past 52 weeks, WEC has traded in a range of $75.13-$102.79.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Utilities sector has jumped its sales by 3.43% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 5.00%. With a float of $315.86 million, this company’s outstanding shares have now reached $316.35 million.
In an organization with 7000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 38.81%, operating margin of 25.38%, and the pretax margin is 17.25%.
WEC Energy Group Inc (WEC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of WEC Energy Group Inc is 0.16%, while institutional ownership is 81.11%. The most recent insider transaction that took place on Nov 21 ’24, was worth 677,998. In this transaction President and CEO of this company sold 6,720 shares at a rate of $100.89, taking the stock ownership to the 45,709 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director sold 40,269 for $99.56, making the entire transaction worth $4,009,180. This insider now owns 273,248 shares in total.
WEC Energy Group Inc (WEC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.75% during the next five years compared to 4.77% growth over the previous five years of trading.
WEC Energy Group Inc (NYSE: WEC) Trading Performance Indicators
Take a look at WEC Energy Group Inc’s (WEC) current performance indicators. Last quarter, stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.60. Likewise, its price to free cash flow for the trailing twelve months is 89.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.09, a number that is poised to hit 1.46 in the next quarter and is forecasted to reach 5.23 in one year’s time.
Technical Analysis of WEC Energy Group Inc (WEC)
Let’s dig in a bit further. During the last 5-days, its volume was 1.54 million. That was inferior than the volume of 2.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.15%. Additionally, its Average True Range was 1.53.
During the past 100 days, WEC Energy Group Inc’s (WEC) raw stochastic average was set at 73.57%, which indicates a significant increase from 24.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.53% in the past 14 days, which was lower than the 15.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.60, while its 200-day Moving Average is $87.57. However, in the short run, WEC Energy Group Inc’s stock first resistance to watch stands at $98.10. Second resistance stands at $99.06. The third major resistance level sits at $100.47. If the price goes on to break the first support level at $95.74, it is likely to go to the next support level at $94.33. Assuming the price breaks the second support level, the third support level stands at $93.37.
WEC Energy Group Inc (NYSE: WEC) Key Stats
The company with the Market Capitalisation of 30.73 billion has total of 316,354K Shares Outstanding. Its annual sales at the moment are 8,893 M in contrast with the sum of 1,333 M annual income. Company’s last quarter sales were recorded 1,864 M and last quarter income was 240,400 K.
