Eversource Energy [ES] stock prices are up 1.08% to $63.38 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ES shares have gain 6.13% over the last week, with a monthly amount glided 8.84%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Eversource Energy [NYSE: ES] stock has seen the most recent analyst activity on December 12, 2024, when Scotiabank downgraded its rating to a Sector Underperform and also revised its price target to $56 from $66. Previously, Jefferies started tracking the stock with Underperform rating on December 03, 2024, and set its price target to $52. On June 25, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $61 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $73 on April 10, 2024. UBS upgraded its rating to a Buy and raised its price target to $67 on April 04, 2024. Mizuho upgraded its rating to Buy for this stock on February 15, 2024, and upped its price target to $62. In a note dated January 22, 2024, Guggenheim upgraded an Buy rating on this stock but restated the target price of $72.
The stock price of Eversource Energy [ES] has been fluctuating between $54.75 and $69.01 over the past year. Currently, Wall Street analysts expect the stock to reach $71.67 within the next 12 months. Eversource Energy [NYSE: ES] shares were valued at $63.38 at the most recent close of the market. An investor can expect a potential return of 13.08% based on the average ES price forecast.
Analyzing the ES fundamentals
The Eversource Energy [NYSE:ES] reported sales of 11.90B for trailing twelve months, representing a surge of 10.29%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.94.
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 62.39 points at the first support level, and at 61.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.97, and for the 2nd resistance point, it is at 64.57.
Ratios To Look Out For
It’s worth pointing out that Eversource Energy [NYSE:ES]’s Current Ratio is 0.76. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 1.95, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 27.50.
Transactions by insiders
Recent insider trading involved Williams Frederica M, Trustee, that happened on Feb 19 ’25 when 3092.0 shares were sold. Trustee, FORRY LINDA DORCENA completed a deal on Feb 18 ’25 to sell 2092.0 shares. Meanwhile, Director FORRY LINDA DORCENA bought 1000.0 shares on Feb 20 ’25.
