A share price of Eversource Energy [ES] is currently trading at $62.11, up 1.62%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ES shares have gain 2.05% over the last week, with a monthly amount drifted -1.43%, and not 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.
Eversource Energy experienced fluctuations in its stock price throughout the past year between $54.75 and $69.01. Currently, Wall Street analysts expect the stock to reach $72 within the next 12 months. Eversource Energy [NYSE: ES] shares were valued at $62.11 at the most recent close of the market. An investor can expect a potential return of 15.92% based on the average ES price forecast.
Analyzing the ES fundamentals
Trailing Twelve Months sales for Eversource Energy [NYSE:ES] were 11.90B which represents 10.29% growth. 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 61.46 points at the first support level, and at 60.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.56, and for the 2nd resistance point, it is at 63.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Eversource Energy [NYSE:ES] is 0.76. In addition, the Quick Ratio stands at 0.67 and the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 1.92, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 26.95.
Transactions by insiders
Recent insider trading involved DiStasio James S, Former Director, that happened on Mar 31 ’25 when 8200.0 shares were purchased. Executive VP & General Counsel, BUTLER GREGORY B completed a deal on Feb 28 ’25 to sell 12000.0 shares. Meanwhile, Officer BUTLER GREGORY B bought 12000.0 shares on Feb 28 ’25.
