WEC Energy Group Inc (WEC): A Technical Analysis

WEC Energy Group Inc (NYSE: WEC) has a higher price-to-earnings ratio of 24.16x compared to its average ratio. WEC has 36-month beta value of 0.46. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 0 as “sell.”

The public float for WEC is 315.80M, and currently, short sellers hold a 3.20% ratio of that float. The average trading volume of WEC on February 04, 2025 was 1.85M shares.

WEC) stock’s latest price update

WEC Energy Group Inc (NYSE: WEC) has experienced a decline in its stock price by -1.64 compared to its previous closing price of 100.45. However, the company has seen a fall of -0.12% in its stock price over the last five trading days. zacks.com reported 2025-02-04 that WEC Energy Group (WEC) came out with quarterly earnings of $1.43 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.10 per share a year ago.

WEC’s Market Performance

WEC’s stock has fallen by -0.12% in the past week, with a monthly rise of 5.12% and a quarterly rise of 3.42%. The volatility ratio for the week is 1.75% while the volatility levels for the last 30 days are 1.83% for WEC Energy Group Inc The simple moving average for the past 20 days is 1.65% for WEC’s stock, with a 9.28% simple moving average for the past 200 days.

Analysts’ Opinion of WEC

Many brokerage firms have already submitted their reports for WEC stocks, with Barclays repeating the rating for WEC by listing it as a “Equal Weight.” The predicted price for WEC in the upcoming period, according to Barclays is $93 based on the research report published on January 02, 2025 of the current year 2025.

BofA Securities, on the other hand, stated in their research note that they expect to see WEC reach a price target of $98, previously predicting the price at $90. The rating they have provided for WEC stocks is “Neutral” according to the report published on December 12th, 2024.

Jefferies gave a rating of “Hold” to WEC, setting the target price at $102 in the report published on September 20th of the previous year.

WEC Trading at 1.88% from the 50-Day Moving Average

After a stumble in the market that brought WEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.88% of loss for the given period.

Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.75%, as shares surge +5.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.58% lower at present.

During the last 5 trading sessions, WEC fell by -0.45%, which changed the moving average for the period of 200-days by +23.67% in comparison to the 20-day moving average, which settled at $97.18. In addition, WEC Energy Group Inc saw 5.06% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WEC starting from Lauber Scott J, who sale 6,720 shares at the price of $100.89 back on Nov 21 ’24. After this action, Lauber Scott J now owns 45,709 shares of WEC Energy Group Inc, valued at $677,998 using the latest closing price.

KLAPPA GALE E, the Director of WEC Energy Group Inc, sale 40,269 shares at $99.56 during a trade that took place back on Nov 21 ’24, which means that KLAPPA GALE E is holding 273,248 shares at $4,009,180 based on the most recent closing price.

Stock Fundamentals for WEC

Current profitability levels for the company are sitting at:

  • 0.25 for the present operating margin
  • 0.39 for the gross margin

The net margin for WEC Energy Group Inc stands at 0.15. The total capital return value is set at 0.05. Equity return is now at value 10.83, with 2.92 for asset returns.

Based on WEC Energy Group Inc (WEC), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.59. The interest coverage ratio of the stock is 2.74.

Currently, EBITDA for the company is 3.53 billion with net debt to EBITDA at 5.28. When we switch over and look at the enterprise to sales, we see a ratio of 5.88. The receivables turnover for the company is 7.26for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.

Conclusion

To put it simply, WEC Energy Group Inc (WEC) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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