With 2.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.08 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $57.19 whereas the lowest price it dropped to was $56.012. The 52-week range on ES shows that it touched its highest point at $69.01 and its lowest point at $52.09 during that stretch. It currently has a 1-year price target of $70.69. With its current market cap of 20.55 billion, ES has annualized dividend of $2.86 while the current yield stands at 5.10%. Beta for the stock currently stands at 0.64.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ES was down-trending over the past week, with a drop of -2.13%, but this was down by -9.02% over a month. Three-month performance dropped to -12.48% while six-month performance fell -3.04%. The stock lost -9.65% in the past year, while it has lost -2.35% so far this year. A look at the trailing 12-month EPS for ES yields -1.57 with Next year EPS estimates of 4.78. For the next quarter, that number is 1.00. This implies an EPS growth rate of 5.04% for this year and 4.75% for next year.
Float and Shares Shorts:
At present, 366.40 million ES shares are outstanding with a float of 365.45 million shares on hand for trading. On 2024-12-13, short shares totaled 4.82 million, which was 132.00001 higher than short shares on 1731628800. In addition to Mr. Joseph R. Nolan Jr. as the firm’s President, CEO & Chairman, Mr. John M. Moreira CPA serves as its Executive VP. CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.84579 of ES’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ES reported revenue of $3063200000.0 and operating income of $612376000.0. The EBITDA in the recently reported quarter was $1314457000.0 and diluted EPS was -$0.33.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ES since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ES analysts setting a high price target of 87.0 and a low target of 52.0, the average target price over the next 12 months is 70.95722. Based on these targets, ES could surge 55.14% to reach the target high and fall by -7.28% to reach the target low. Reaching the average price target will result in a growth of 26.53% from current levels.
Analysts have provided yearly estimates in a range of $4.56791 being high and $4.53792 being low. For ES, this leads to a yearly average estimate of $4.55791.
