Eversource Energy (NYSE: ES) is 10.34% higher on its value in year-to-date trading and has touched a low of $54.75 and a high of $69.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ES stock was last observed hovering at around $63.38 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $63.37, the stock is 6.08% and 8.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing -0.02% at the moment leaves the stock 2.54% off its SMA200. ES registered 10.17% gain for a year compared to 6-month loss of -3.98%.
The stock witnessed a 13.59% gain in the last 1 month and extending the period to 3 months gives it a 2.09%, and is 1.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.48% over the month.
Eversource Energy (ES) has around 10680 employees, a market worth around $23.26B and $11.90B in sales. Current P/E ratio is 27.49 and Fwd P/E is 12.61. Profit margin for the company is 6.82%. Distance from 52-week low is 15.74% and -8.17% from its 52-week high. The company has generated returns on investments over the last 12 months (1.97%).
with sales reaching $3.57B over the same period.The EPS is expected to grow by 4.09% this year, but quarterly earnings will post 12.14% year-over-year. Quarterly sales are estimated to grow 7.09% in year-over-year returns.
Eversource Energy (ES) Top Institutional Holders
The shares outstanding are 366.61M, and float is at 365.90M with Short Float at 1.32%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 42.2 million shares valued at $2.39 billion. The investor’s holdings represent 12.032% of the ES Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 37.71 million shares valued at $$2.14 billion to account for 10.7517 of the shares outstanding. The other top investors are STATE STREET CORP which holds 25.11 million shares representing 7.1088% and valued at over $1.42 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.7553 of the shares totaling 9.73 million with a market value of $551.91 million.
Eversource Energy (ES) Insider Activity
The most recent transaction is an insider sale by FORRY LINDA DORCENA,the company’sTrustee. SEC filings show that FORRY LINDA DORCENA sold 1,000 shares of the company’s common stock on Feb 20 ’25 at a price of $63.05 per share for a total of $63050.0. Following the sale, the insider now owns 10995.0 shares.
Still, SEC filings show that on Feb 19 ’25, Williams Frederica M (Trustee) disposed off 3,092 shares at an average price of $62.26 for $0.19 million. The insider now directly holds 22,671 shares of Eversource Energy (ES).
