Is Eversource Energy (NYSE: ES) Proving The Doubters Wrong?

Eversource Energy (ES) concluded trading on Wednesday at a closing price of $62.24, with 4.55 million shares of worth about $283.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.25% during that period and on May 07, 2025 the price saw a gain of about 5.12%. Currently the company’s common shares owned by public are about 367.31M shares, out of which, 366.06M shares are available for trading.

Stock saw a price change of 4.64% in past 5 days and over the past one month there was a price change of 12.02%. Year-to-date (YTD), ES shares are showing a performance of 8.38% which increased to 3.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.28 but also hit the highest price of $69.01 during that period. The average intraday trading volume for Eversource Energy shares is 2.97 million. The stock is currently trading 6.78% above its 20-day simple moving average (SMA20), while that difference is up 4.27% for SMA50 and it goes to 0.38% higher than SMA200.

Eversource Energy (NYSE: ES) currently have 367.31M outstanding shares and institutions hold larger chunk of about 84.63% of that.

The stock has a current market capitalization of $22.87B and its 3Y-monthly beta is at 0.62. PE ratio of stock for trailing 12 months is 26.87, while it has posted earnings per share of $2.32 in the same period. Its PEG reads 5.48 and has Quick Ratio of 0.66 while making debt-to-equity ratio of 1.92. 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 2.59% while standing at 3.08% over the month.

Stock’s fiscal year EPS is expected to rise by 3.88% while it is estimated to increase by 5.29% in next year. EPS is likely to grow at an annualized rate of 4.90% for next 5-years, compared to annual growth of -4.21% 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 JP Morgan on April 10, 2025 offering an Underweight rating for the stock and assigned a target price of $58 to it. Coverage by Scotiabank stated Eversource Energy (ES) stock as a Sector underperform in their note to investors on December 12, 2024, suggesting a price target of $56 for the stock. On December 03, 2024, Jefferies Initiated their recommendations, while on June 25, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $61. Stock get a Buy rating from Goldman on April 10, 2024.

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