Eversource Energy (NYSE:ES) Price Target Raised to $88 at KeyBanc

KeyBanc boosted the price target on Eversource Energy (NYSE:ES) from $85 to $88. A Utilities sector firm, Eversource Energy (NYSE:ES) stock remains unchanged on Wednesday and when day-trade ended the stock finally concluded at $84.85 and number of shares that changed hands during the day are 0. The number of shares ES stock currently held by all its shareholders are 320.01 and floated shares, the number of shares are available for trading in an open market on last trading day are 320.01. The average volume of shares for 3 months is 1651.93 and ES stock value has moved between $61.04 – 85.71 in last one year.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the ES is 0.10%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the ES is 83.20%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that ES. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Eversource Energy (NYSE:ES) is -4.92%.

Institutional transactions is the amount of a Eversource Energy (NYSE:ES)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the ES is 0.24%.

The Eversource Energy (NYSE:ES)’s latest earnings date is 10/30/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The profit margin is 10.00% and the stock has gained 30.46% in 2019 to date.

Eversource Energy (NYSE:ES)’s monthly stock performance is 3.73%, the quarterly performance is 9.24%, the half year performance is calculated as 19.88%. The yearly performance of ES is 35.98%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Eversource Energy (NYSE:ES) weekly volatility is measured as 1.07% and monthly volatility measured as 1.02%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. ES return on assets is 2.20%, the return on equity (ROE) of the Eversource Energy (NYSE:ES) is 7.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and ES return on investment is 5.40%.

The price to earnings ratio is 31.18, price to sales ratio is 3.16, and price to book ratio is 2.27, price to cash per share ration is 1318.10.

Analysts mean target price for Eversource Energy (NYSE:ES) is $81.50 while analysts mean recommendation is 2.10. The current share price indicates that stock is -1.26% away from its one year high and is moving 39.14% ahead of its 52-week low. ES’s distance from 20 day simple moving average is 0.89% and distance from 50-Day simple moving average is 4.58%.

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