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Eversource Energy (ES)
NYSE:ES
Eversource Energy (ES) Stock Price & Analysis
598 Followers
ES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.85 - $76.58
Previous Close$58.51
Volume313.80K
Average Volume (3M)3.01M
Market Cap
$20.47B
Enterprise Value$46.91B
Total Cash (Recent Filing)$53.87M
Total Debt (Recent Filing)$26.34B
Price to Earnings (P/E)-46.4
Beta0.65
Next Earnings
May 02, 2024EPS Estimate
$1.48Last Dividend Ex-Date
Mar 04, 2024Dividend Yield4.79%
Share Statistics
EPS (TTM)-1.26
Shares Outstanding349,687,183
10 Day Avg. Volume1,871,690
30 Day Avg. Volume3,007,314
Standard Deviation0.06
R-Squared0.24
Alpha-0.00511
Financial Highlights & Ratios
Price to Book (P/B)2.15
Price to Sales (P/S)1.68
Price to Cash Flow (P/CF)10.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.94
Enterprise Value/Gross Profit4.68
Enterprise Value/Ebitda3.45
Forecast
1Y Price Target
$64.46Price Target Upside10.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eversource Energy News
Bulls Say, Bears Say
Bulls Say
Company StrategyAnalyst upgrades Eversource to Buy from Neutral, viewing the strategic divestiture of offshore wind projects as a step toward a stronger financial position through becoming a pure-play regulated utility.
Operational EfficiencyEversource's proactive steps to mitigate construction risks at the Revolution project are anticipated to minimize cost overruns, enhancing investor confidence and supporting the stock's positive sentiment.
ValuationEversource shares trade at a notable discount compared to peers, suggesting an attractive valuation with room for a potential increase as it transforms into a pure-play, regulated utility.
Bears Say
Construction And Cost OverrunsES is exposed to potential cost overruns for Revolution, with any cost overruns above $240M to be borne solely by ES.
Financial Strategy ConcernsInvestor concerns about the sufficiency of asset sale proceeds to avoid the need for additional equity, reflecting uncertainty in financial strategy.
Regulatory ChallengesThe potential sale of Aquarion faces skepticism due to its location in a challenging regulatory environment and execution risks that may delay proceeds.
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Ownership Overview
0.95% Insiders
21.35% Mutual Funds
29.45% Other Institutional Investors
48.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ES FAQ
What was Eversource Energy’s price range in the past 12 months?
Eversource Energy lowest stock price was $50.85 and its highest was $76.58 in the past 12 months.
What is Eversource Energy’s market cap?
Currently, no data Available
When is Eversource Energy’s upcoming earnings report date?
Eversource Energy’s upcoming earnings report date is May 02, 2024 which is in 12 days.
How were Eversource Energy’s earnings last quarter?
Eversource Energy released its earnings results on Feb 14, 2024. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.974 by -$0.024.
Is Eversource Energy overvalued?
According to Wall Street analysts Eversource Energy’s price is currently Undervalued.
Does Eversource Energy pay dividends?
Eversource Energy pays a Quarterly dividend of $0.71 which represents an annual dividend yield of 4.79%. See more information on Eversource Energy dividends here
What is Eversource Energy’s EPS estimate?
Eversource Energy’s EPS estimate is $1.48.
How many shares outstanding does Eversource Energy have?
Eversource Energy has 349,687,200 shares outstanding.
What happened to Eversource Energy’s price movement after its last earnings report?
Eversource Energy reported an EPS of $0.95 in its last earnings report, missing expectations of $0.974. Following the earnings report the stock price went up 4.7%.
Which hedge fund is a major shareholder of Eversource Energy?
Among the largest hedge funds holding Eversource Energy’s share is Gamco Investors, Inc. ET AL. It holds Eversource Energy’s shares valued at 10M.
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Eversource Energy Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$64.46 (10.11% Upside)
$64.46 (10.11% Upside)
Blogger Sentiment
Bullish
ES Sentiment 88%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 10.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $156.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.84%
12-Months-Change
Fundamentals
Return on Equity
-2.98%
Trailing 12-Months
Asset Growth
4.47%
Trailing 12-Months
Company Description
Eversource Energy
Massachusetts-based Eversource Energy is an electric services company. The company is engaged in the transmission and distribution of electricity, as well as the distribution of natural gas. It also operates regulated water utilities. It operates in four segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution.
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ES Company Deck
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ES Earnings Call
Q4 2024
0:00 / 0:00
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ES Stock 12 Months Forecast
Average Price Target
$64.46
▲(10.11% Upside)
Technical Analysis
Best Analysts Covering ES
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
-1.20%
reiterated a buy rating 2 months ago
Copying Shahriar Pourreza's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of -1.20% per trade.
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