Eversource Energy (ES) concluded trading on Wednesday at a closing price of $59.72, with 4.57 million shares of worth about $272.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.94% during that period and on February 12, 2025 the price saw a loss of about -2.83%. Currently the company’s common shares owned by public are about 366.40M shares, out of which, 365.31M shares are available for trading.
Stock saw a price change of 1.96% in past 5 days and over the past one month there was a price change of 6.91%. Year-to-date (YTD), ES shares are showing a performance of 3.99% which increased to 8.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $53.76 but also hit the highest price of $69.01 during that period. The average intraday trading volume for Eversource Energy shares is 2.45 million. The stock is currently trading 2.74% above its 20-day simple moving average (SMA20), while that difference is up 2.40% for SMA50 and it goes to -3.28% lower than SMA200.
Eversource Energy (NYSE: ES) currently have 366.40M outstanding shares and institutions hold larger chunk of about 83.03% of that.
The stock has a current market capitalization of $21.88B and its 3Y-monthly beta is at 0.63. PE ratio of stock for trailing 12 months is 25.91, while it has posted earnings per share of $2.30 in the same period. Its PEG reads 5.35 and has Quick Ratio of 0.76 while making debt-to-equity ratio of 1.90. 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 2.36% while standing at 2.18% over the month.
Stock’s fiscal year EPS is expected to rise by 4.33% while it is estimated to increase by 5.73% in next year. EPS is likely to grow at an annualized rate of 4.84% for next 5-years, compared to annual growth of -4.22% made by the stock over the past 5-years.
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 Scotiabank on December 12, 2024 offering a Sector underperform rating for the stock and assigned a target price range of between $66 and $56 to it. Coverage by Jefferies stated Eversource Energy (ES) stock as an Underperform in their note to investors on December 03, 2024, suggesting a price target of $52 for the stock. On June 25, 2024, BofA Securities Upgrade their recommendations, while on April 10, 2024, Goldman Initiated their ratings for the stock with a price target of $73. Stock get a Buy rating from UBS on April 04, 2024.
