At the time of writing, WEC Energy Group Inc [WEC] stock is trading at $105.89, up 0.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The WEC shares have gain 2.70% over the last week, with a monthly amount glided 8.04%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
WEC Energy Group Inc [NYSE: WEC] stock has seen the most recent analyst activity on January 02, 2025, when Barclays upgraded its rating to a Equal Weight and also boosted its price target to $93 from $89. Previously, BofA Securities upgraded its rating to Neutral on December 12, 2024, and elevated its price target to $98. On September 20, 2024, Jefferies initiated with a Hold rating and assigned a price target of $102 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $88 on April 10, 2024. JP Morgan downgraded its rating to a Underweight and reduced its price target to $84 on February 02, 2024. BofA Securities downgraded its rating to Underperform for this stock on January 04, 2024, and downed its price target to $78. In a note dated October 17, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $102 to $86.
For the past year, the stock price of WEC Energy Group Inc fluctuated between $76.50 and $105.29. Currently, Wall Street analysts expect the stock to reach $108 within the next 12 months. WEC Energy Group Inc [NYSE: WEC] shares were valued at $105.89 at the most recent close of the market. An investor can expect a potential return of 1.99% based on the average WEC price forecast.
Analyzing the WEC fundamentals
According to WEC Energy Group Inc [NYSE:WEC], the company’s sales were 8.60B for trailing twelve months, which represents an 3.01% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
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 104.97 points at the first support level, and at 104.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.78, and for the 2nd resistance point, it is at 107.67.
Ratios To Look Out For
It is important to note that WEC Energy Group Inc [NYSE:WEC] has a current ratio of 0.60. On the other hand, the Quick Ratio is 0.43, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 2.71 and price to earnings (TTM) ratio is 21.95.
Transactions by insiders
Recent insider trading involved PAYNE ULICE JR, Director, that happened on Feb 24 ’25 when 1150.0 shares were sold. Director, Ulice Payne Jr. completed a deal on Feb 24 ’25 to buy 1150.0 shares. Meanwhile, President and CEO Lauber Scott J sold 6720.0 shares on Nov 21 ’24.
