Eversource Energy [ES] stock is trading at $62.07, up 0.36%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ES shares have gain 1.60% over the last week, with a monthly amount drifted -6.14%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Eversource Energy [NYSE: ES] stock has seen the most recent analyst activity on June 25, 2024, when BofA Securities upgraded its rating to a Neutral but kept the price target unchanged to $61 for it. Previously, Goldman started tracking the stock with Buy rating on April 10, 2024, and set its price target to $73. On April 04, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $67 on the stock. Mizuho upgraded its rating to a Buy and increased its price target to $62 on February 15, 2024. Guggenheim upgraded its rating to a Buy but $72 remained the price target by the analyst firm on January 22, 2024. Evercore ISI downgraded its rating to In-line for this stock on November 07, 2023, and downed its price target to $65. In a note dated October 16, 2023, Scotiabank downgraded an Sector Perform rating on this stock but restated the target price of $60.
Eversource Energy [ES] stock has fluctuated between $52.09 and $69.01 over the past year. Currently, Wall Street analysts expect the stock to reach $79.82 within the next 12 months. Eversource Energy [NYSE: ES] shares were valued at $62.07 at the most recent close of the market. An investor can expect a potential return of 28.6% based on the average ES price forecast.
Analyzing the ES fundamentals
Eversource Energy [NYSE:ES] reported sales of 11.62B for the trailing twelve months, which represents a growth of 9.73%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.04 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1872.68.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.60 points at the first support level, and at 61.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.40, and for the 2nd resistance point, it is at 62.73.
Ratios To Look Out For
For context, Eversource Energy’s Current Ratio is 0.86. Also, the Quick Ratio is 0.76, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 1.97, the price to book ratio is 1.50.
Transactions by insiders
Recent insider trading involved Carmody Christine M, Officer, that happened on Sep 26 ’24 when 29467.0 shares were purchased. Trustee, NOVA DANIEL J completed a deal on Feb 23 ’24 to buy 125.0 shares. Meanwhile, Trustee NOVA DANIEL J bought 125.0 shares on Mar 26 ’24.
