Is Eversource Energy Stock a Good Investment?
Eversource Energy Investment Advice | ES |
- Examine Eversource Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eversource Energy's leadership team and their track record. Good management can help Eversource Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electric Utilities space and any emerging trends that could impact Eversource Energy's business and its evolving consumer preferences.
- Compare Eversource Energy's performance and market position to its competitors. Analyze how Eversource Energy is positioned in terms of product offerings, innovation, and market share.
- Check if Eversource Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eversource Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eversource Energy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eversource Energy is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Eversource Energy Stock
Researching Eversource Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.54. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eversource Energy has Price/Earnings To Growth (PEG) ratio of 2.2. The entity recorded a loss per share of 1.61. The firm last dividend was issued on the 23rd of September 2024. Eversource Energy had 2:1 split on the 30th of April 2013.
To determine if Eversource Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eversource Energy's research are outlined below:
| Eversource Energy generated a negative expected return over the last 90 days | |
| Eversource Energy reports 26.88 B of total liabilities with total debt to equity ratio (D/E) of 1.44, which is normal for its line of buisiness. Eversource Energy has a current ratio of 0.7, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Eversource to invest in growth at high rates of return. | |
| The entity generated the yearly revenue of 11.91 B. Annual Net Loss to common stockholders was (442.24 M) with gross profit of 5.41 B. | |
| Eversource Energy has a strong financial position based on the latest SEC filings | |
| Over 84.0% of Eversource Energy shares are held by institutions such as insurance companies | |
| On 30th of September 2024 Eversource Energy paid $ 0.715 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Eversource and Local Partner BXP Selected to Receive Cambridge Chamber of Commerce Annual ... |
Eversource Energy Quarterly Good Will |
|
Eversource Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eversource Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eversource Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Eversource Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Eversource Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-07-27 | 1999-06-30 | -0.01 | 0.0017 | 0.0117 | 117 | ||
2002-10-21 | 2002-09-30 | 0.24 | 0.27 | 0.03 | 12 | ||
2002-07-23 | 2002-06-30 | 0.25 | 0.22 | -0.03 | 12 | ||
2006-11-06 | 2006-09-30 | 0.26 | 0.22 | -0.04 | 15 | ||
2005-07-26 | 2005-06-30 | 0.18 | 0.14 | -0.04 | 22 | ||
2004-01-27 | 2003-12-31 | 0.26 | 0.21 | -0.05 | 19 | ||
1997-04-22 | 1997-03-31 | 0.09 | 0.14 | 0.05 | 55 | ||
1996-10-22 | 1996-09-30 | 0.06 | 0.01 | -0.05 | 83 |
Know Eversource Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eversource Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eversource Energy backward and forwards among themselves. Eversource Energy's institutional investor refers to the entity that pools money to purchase Eversource Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | 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 | Northern Trust Corp | 2024-09-30 | 3.1 M | Vanguard Group Inc | 2024-09-30 | 43.2 M | Blackrock Inc | 2024-06-30 | 37.7 M |
Eversource Energy's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 23.22 B.Market Cap |
|
Eversource Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.05 | 0.04 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.03) | (0.03) |
Determining Eversource Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if Eversource Energy is a good buy. For example, gross profit margin measures Eversource Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eversource Energy's profitability and make more informed investment decisions.
Eversource Energy's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Eversource Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eversource Energy. Check Eversource Energy's Beneish M Score to see the likelihood of Eversource Energy's management manipulating its earnings.
Evaluate Eversource Energy's management efficiency
Eversource Energy has Return on Asset (ROA) of 0.0299 % which means that for every $100 of assets, it generated a profit of $0.0299. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0349) %, which implies that it produced no returns to current stockholders. Eversource Energy's management efficiency ratios could be used to measure how well Eversource Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.0082 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. At this time, Eversource Energy's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 53.9 B in 2024, whereas Total Current Assets are likely to drop slightly above 2.1 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 40.99 | 21.49 | |
| Tangible Book Value Per Share | 28.03 | 16.79 | |
| Enterprise Value Over EBITDA | 34.67 | 36.40 | |
| Price Book Value Ratio | 1.52 | 1.10 | |
| Enterprise Value Multiple | 34.67 | 36.40 | |
| Price Fair Value | 1.52 | 1.10 | |
| Enterprise Value | 48.4 B | 50.8 B |
Leadership at Eversource Energy emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0451 | Forward Dividend Yield 0.0451 | Forward Dividend Rate 2.86 | Beta 0.622 |
Basic technical analysis of Eversource Stock
As of the 24th of November, Eversource Energy shows the Variance of 1.22, mean deviation of 0.8327, and Standard Deviation of 1.1. Eversource Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eversource Energy mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Eversource Energy is priced favorably, providing market reflects its regular price of 63.38 per share. Given that Eversource Energy has information ratio of (0.18), we urge you to verify Eversource Energy's prevailing market performance to make sure the company can sustain itself at a future point.Eversource Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eversource Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eversource Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eversource Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Chodak Paul Iii over a week ago Disposition of 2502 shares by Chodak Paul Iii of Eversource Energy at 60.57 subject to Rule 16b-3 | ||
Penelope Conner over three months ago Disposition of 815 shares by Penelope Conner of Eversource Energy at 65.5 subject to Rule 16b-3 | ||
Penelope Conner over three months ago Disposition of 500 shares by Penelope Conner of Eversource Energy at 64.936 subject to Rule 16b-3 | ||
Werner Schweiger over six months ago Acquisition by Werner Schweiger of 10870 shares of Eversource Energy subject to Rule 16b-3 |
Eversource Energy's Outstanding Corporate Bonds
Eversource Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eversource Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eversource bonds can be classified according to their maturity, which is the date when Eversource Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| EVERSOURCE ENERGY 33 Corp BondUS30040WAE84 | View | |
| EVERSOURCE ENERGY 425 Corp BondUS30040WAF59 | View | |
| EVERSOURCE ENERGY 335 Corp BondUS30040WAB46 | View | |
| ES 14 15 AUG 26 Corp BondUS30040WAN83 | View | |
| ES 255 15 MAR 31 Corp BondUS30040WAL28 | View | |
| US30040WAK45 Corp BondUS30040WAK45 | View |
Understand Eversource Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Eversource Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.5387 | |||
| Mean Deviation | 0.8327 | |||
| Coefficient Of Variation | (1,692) | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.5287 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.74 | |||
| Skewness | (0.46) | |||
| Kurtosis | 0.8099 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.5387 | |||
| Mean Deviation | 0.8327 | |||
| Coefficient Of Variation | (1,692) | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.22 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.5287 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.74 | |||
| Skewness | (0.46) | |||
| Kurtosis | 0.8099 |
Consider Eversource Energy's intraday indicators
Eversource Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eversource Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Eversource Energy Corporate Filings
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 13th of June 2024 Other Reports | ViewVerify |
Eversource Stock media impact
Far too much social signal, news, headlines, and media speculation about Eversource Energy that are available to investors today. That information is available publicly through Eversource media outlets and privately through word of mouth or via Eversource internal channels. However, regardless of the origin, that massive amount of Eversource data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Eversource Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eversource Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eversource Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eversource Energy alpha.
Eversource Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Eversource Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Eversource Energy Historical Investor Sentiment
Investor biases related to Eversource Energy's public news can be used to forecast risks associated with an investment in Eversource. The trend in average sentiment can be used to explain how an investor holding Eversource can time the market purely based on public headlines and social activities around Eversource Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eversource Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eversource Energy and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Eversource Energy news discussions. The higher the estimate score, the more favorable the investor's outlook on Eversource Energy.
Eversource Energy Corporate Executives
Elected by the shareholders, the Eversource Energy's board of directors comprises two types of representatives: Eversource Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eversource. The board's role is to monitor Eversource Energy's management team and ensure that shareholders' interests are well served. Eversource Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eversource Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
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.