Eversource Energy (NYSE:ES) went down by -2.39% from its latest closing price when compared to the 1-year high value of $99.42 and move down -18.84%, while ES stocks collected -1.50% of loss with the last five trading sessions. The Wall Street Journal reported on 08/06/20 that Power Outages From Tropical Storm Isaias Could Last for Days
Eversource Energy (NYSE:ES) Worth an Investment?
Eversource Energy (NYSE: ES) scored price to earnings ratio above its average ratio, recording 23.95 times of increase in earnings at the present.
ES Market Performance
ES stocks went down by -1.50% for the week, with the monthly drop of -6.51% and a quarterly performance of -3.75%, while its annual performance rate touched 2.69%. The simple moving average for the period of the last 20 days is -3.59% for ES stocks with the simple moving average of -1.81% for the last 200 days.
Analysts’ Opinion on Eversource Energy (NYSE:ES)
Many brokerage firms have already submitted their reports for ES stocks, with Guggenheim repeating the rating for ES shares by setting it to “Neutral”. The predicted price for ES socks in the upcoming period according to Guggenheim is $100 based on the research report published on August 24, 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see ES stock at the price of $81, previously predicting the value of $76. The rating they have provided for ES stocks is “Underperform” according to the report published on July 21, 2020.
Morgan Stanley gave “Underweight” rating to ES stocks, setting the target price at $77 in the report published on July 2, 2020.
ES Stocks -3.23% Far from 50 Day Moving Average
After a stumble in the market that brought ES to its low price for the period of the last 52 weeks, Eversource Energy was unable to take a rebound, for now settling with -15.85% of loss for the given period.
The stock volatility was left at 2.00%, however, within the period of a single month, the volatility rate increased by 1.98%, while the shares sank at the distance of -7.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -0.62% lower at the present time.
In the course of the last 5 trading sessions, ES went down by -1.50%, which changed the moving average for the period of 200 days to the total of +3.54% of gains for the stock in comparison to the 20-day moving average settled at $86.45. In addition, Eversource Energy saw -1.66% in overturn over the period of a single year with a tendency to cut further losses.
ES Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Eversource Energy (ES), starting from BUTLER GREGORY B, who sold 5,625 shares at the price of $88.81 back on Aug 03. After this action, Rushing now owns 76,325 shares of Eversource Energy, valued at $499,556 with the latest closing price.
Kim John Y, the Trustee of Eversource Energy, bought 15,000 shares at the value of $86.92 during a trade that took place back on Mar 11, which means that Kim John Y is holding 15,000 shares at the value of $1,303,800 based on the most recent closing price.
ES Stock Fundamentals
The current profitability levels are settled at +21.46 for the present operating margin and +30.55 for gross margin. The net margin for Eversource Energy stands at +10.66. Total capital return value is set at 6.69, while invested capital returns managed to touch 3.54. Equity return holds the value 8.90%, with 2.80% for asset returns.
Based on Eversource Energy (ES), the company’s capital structure generated 123.76 points for debt to equity in total, while total debt to capital is set at the value of 55.31. Total debt to assets is settled at the value of 38.01 with long-term debt to equity ratio rests at 3.29 and long-term debt to capital is 113.70.
The value for Enterprise to Sales is 5.07 with debt to enterprise value settled at 0.36. The receivables turnover for Eversource Energy is 7.29 with the total asset turnover at the value of 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.