Eversource Energy (ES) concluded trading on Wednesday at a closing price of $64.91, with 4.94 million shares of worth about $320.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.43% during that period and on July 31, 2024 the price saw a loss of about -1.59%. Currently the company’s common shares owned by public are about 352.25M shares, out of which, 351.23M shares are available for trading.
Stock saw a price change of 2.98% in past 5 days and over the past one month there was a price change of 14.76%. Year-to-date (YTD), ES shares are showing a performance of 5.17% which decreased to -10.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.03 but also hit the highest price of $72.93 during that period. The average intraday trading volume for Eversource Energy shares is 2.02 million. The stock is currently trading 7.14% above its 20-day simple moving average (SMA20), while that difference is up 9.44% for SMA50 and it goes to 11.06% higher than SMA200.
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Eversource Energy (NYSE: ES) currently have 352.25M outstanding shares and institutions hold larger chunk of about 83.15% of that.
The stock has a current market capitalization of $22.86B and its 3Y-monthly beta is at 0.59. It has posted earnings per share of -$1.18 in the same period. It has Quick Ratio of 0.68 while making debt-to-equity ratio of 1.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ES, volatility over the week remained 2.03% while standing at 1.97% over the month.
Stock’s fiscal year EPS is expected to rise by 5.10% while it is estimated to increase by 5.33% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on June 25, 2024 offering a Neutral rating for the stock and assigned a target price of $61 to it. Coverage by Goldman stated Eversource Energy (ES) stock as a Buy in their note to investors on April 10, 2024, suggesting a price target of $73 for the stock. On April 04, 2024, UBS Upgrade their recommendations, while on February 15, 2024, Mizuho Upgrade their ratings for the stock with a price target of $62. Stock get a Buy rating from Guggenheim on January 22, 2024.
