Eversource Energy Stock Net Income
| ES Stock | USD 62.75 1.14 1.85% |
Eversource Energy fundamentals help investors to digest information that contributes to Eversource Energy's financial success or failures. It also enables traders to predict the movement of Eversource Stock. The fundamental analysis module provides a way to measure Eversource Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eversource Energy stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -442.2 M | -420.1 M | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 B | |
| Net Loss | -434.7 M | -413 M | |
| Net Loss | (1.27) | (1.20) | |
| Net Income Per E B T | 1.61 | 1.69 |
Eversource | Net Income |
Eversource Energy Company Net Income Analysis
Eversource Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Eversource Energy Net Income | (442.24 M) |
Most of Eversource Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eversource Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eversource Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Eversource Energy is extremely important. It helps to project a fair market value of Eversource Stock properly, considering its historical fundamentals such as Net Income. Since Eversource Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eversource Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eversource Energy's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Eversource Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Eversource Energy reported net income of (442.24 Million). This is 309.08% lower than that of the Electric Utilities sector and significantly lower than that of the Utilities industry. The net income for all United States stocks is 177.45% higher than that of the company.
Eversource Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eversource Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eversource Energy could also be used in its relative valuation, which is a method of valuing Eversource Energy by comparing valuation metrics of similar companies.Eversource Energy is currently under evaluation in net income category among its peers.
Eversource Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eversource Energy from analyzing Eversource Energy's financial statements. These drivers represent accounts that assess Eversource Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eversource Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 27.3B | 29.3B | 31.3B | 29.1B | 21.6B | 22.7B | |
| Enterprise Value | 42.9B | 47.2B | 51.4B | 51.6B | 48.4B | 50.8B |
Eversource Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eversource Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eversource Energy's managers, analysts, and investors.Environmental | Governance | Social |
Eversource Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Eversource Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eversource Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eversource Energy's value.| Shares | Goldman Sachs Group Inc | 2024-06-30 | 5.1 M | Amvescap Plc. | 2024-06-30 | 5 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 5 M | American Century Companies Inc | 2024-09-30 | 4.7 M | Nuveen Asset Management, Llc | 2024-06-30 | 4.5 M | Mitsubishi Ufj Trust & Banking Corp | 2024-09-30 | 4.3 M | Public Sector Pension Investment Board | 2024-09-30 | 3.4 M | Norges Bank | 2024-06-30 | 3.3 M | Bank Of New York Mellon Corp | 2024-06-30 | 3.1 M | Vanguard Group Inc | 2024-09-30 | 43.2 M | Blackrock Inc | 2024-06-30 | 37.7 M |
Eversource Fundamentals
| Return On Equity | -0.0349 | ||||
| Return On Asset | 0.0299 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 51.43 B | ||||
| Shares Outstanding | 366.4 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 84.09 % | ||||
| Number Of Shares Shorted | 4.1 M | ||||
| Price To Earning | 20.33 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 11.91 B | ||||
| Gross Profit | 5.41 B | ||||
| EBITDA | 1.4 B | ||||
| Net Income | (442.24 M) | ||||
| Cash And Equivalents | 327.01 M | ||||
| Cash Per Share | 1.39 X | ||||
| Total Debt | 26.88 B | ||||
| Debt To Equity | 1.44 % | ||||
| Current Ratio | 0.71 X | ||||
| Book Value Per Share | 41.34 X | ||||
| Cash Flow From Operations | 1.65 B | ||||
| Short Ratio | 2.11 X | ||||
| Earnings Per Share | (1.61) X | ||||
| Price To Earnings To Growth | 2.18 X | ||||
| Target Price | 73.65 | ||||
| Number Of Employees | 10 K | ||||
| Beta | 0.62 | ||||
| Market Capitalization | 22.99 B | ||||
| Total Asset | 55.61 B | ||||
| Retained Earnings | 4.14 B | ||||
| Working Capital | (2.09 B) | ||||
| Current Asset | 2.62 B | ||||
| Current Liabilities | 2.99 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 2.77 % | ||||
| Net Asset | 55.61 B | ||||
| Last Dividend Paid | 2.82 |
About Eversource Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eversource Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eversource Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eversource Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Eversource Stock Analysis
When running Eversource Energy's price analysis, check to measure Eversource Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.