A new trading day began on Friday, with Eversource Energy (NYSE: ES) stock price down -0.45% from the previous day of trading, before settling in for the closing price of $59.79. ES’s price has 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. Meanwhile, its annual earnings per share averaged 5.02%. With a float of $365.43 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
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 0.26%, while institutional ownership is 82.58%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.54 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
Here are Eversource Energy’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 4.77 in one year’s time.
Technical Analysis of Eversource Energy (ES)
Eversource Energy (NYSE: ES) saw its 5-day average volume 1.94 million, a negative change from its year-to-date volume of 2.37 million. As of the previous 9 days, the stock’s Stochastic %D was 13.72%. Additionally, its Average True Range was 1.26.
During the past 100 days, Eversource Energy’s (ES) raw stochastic average was set at 4.81%, which indicates a significant decrease from 7.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.64% in the past 14 days, which was higher than the 19.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.19, while its 200-day Moving Average is $62.03. Nevertheless, the first resistance level for the watch stands at $60.02 in the near term. At $60.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $60.91. If the price goes on to break the first support level at $59.14, it is likely to go to the next support level at $58.75. The third support level lies at $58.25 if the price breaches the second support level.
Eversource Energy (NYSE: ES) Key Stats
With a market capitalization of 21.71 billion, the company has a total of 366,402K Shares Outstanding. Currently, annual sales are 11,911 M while annual income is -442,240 K. The company’s previous quarter sales were 3,063 M while its latest quarter income was -118,060 K.
