At the time of writing, Eversource Energy [ES] stock is trading at $63.03, down -0.54%. 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 2.42% over the last week, with a monthly amount glided 12.09%, 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.
For the past year, the stock price of Eversource Energy fluctuated between $54.75 and $69.01. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Eversource Energy [NYSE: ES] shares were valued at $63.03 at the most recent close of the market. An investor can expect a potential return of 11.06% based on the average ES price forecast.
Analyzing the ES fundamentals
According to Eversource Energy [NYSE:ES], the company’s sales were 11.90B for trailing twelve months, which represents an 10.29% jump. 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 62.42 points at the first support level, and at 61.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.77, and for the 2nd resistance point, it is at 64.50.
Ratios To Look Out For
It is important to note that Eversource Energy [NYSE:ES] has a current ratio of 0.76. Also, the Quick Ratio is 0.67, while the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 27.35.
Transactions by insiders
Recent insider trading involved BUTH JAY S., VP, Controller, Chief Acct Off, that happened on Feb 21 ’25 when 980.0 shares were sold. Trustee, FORRY LINDA DORCENA completed a deal on Feb 20 ’25 to sell 1000.0 shares. Meanwhile, Officer BUTH JAY S. bought 980.0 shares on Feb 21 ’25.
