Eversource Energy Shares Owned By Institutions vs. Return On Asset
| ES Stock | USD 63.98 0.60 0.95% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.54 | 0.2804 |
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| Operating Profit Margin | 0.11 | 0.2014 |
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For Eversource Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eversource Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eversource Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eversource Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eversource Energy over time as well as its relative position and ranking within its peers.
Eversource |
Eversource Energy's Revenue Breakdown by Earning Segment
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eversource Energy. If investors know Eversource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eversource Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 22.736 | Dividend Share 2.82 | Earnings Share (1.61) | Revenue Per Share 32.896 | Quarterly Revenue Growth 0.097 |
The market value of Eversource Energy is measured differently than its book value, which is the value of Eversource that is recorded on the company's balance sheet. Investors also form their own opinion of Eversource Energy's value that differs from its market value or its book value, called intrinsic value, which is Eversource Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eversource Energy's market value can be influenced by many factors that don't directly affect Eversource Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eversource Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eversource Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eversource Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Eversource Energy Return On Asset vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eversource Energy's current stock value. Our valuation model uses many indicators to compare Eversource Energy value to that of its competitors to determine the firm's financial worth. Eversource Energy is rated below average in shares owned by institutions category among its peers. It is rated # 4 in return on asset category among its peers . The ratio of Shares Owned By Institutions to Return On Asset for Eversource Energy is about 2,816 . Return On Assets is likely to gain to -0.0076 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eversource Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Eversource Return On Asset vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Eversource Energy |
| = | 84.20 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Eversource Energy |
| = | 0.0299 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Eversource Return On Asset Comparison
Eversource Energy is currently under evaluation in return on asset category among its peers.
Eversource Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eversource Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eversource Energy will eventually generate negative long term returns. The profitability progress is the general direction of Eversource Energy's change in net profit over the period of time. It can combine multiple indicators of Eversource Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -33.7 M | -35.4 M | |
| Operating Income | 2.4 B | 2.5 B | |
| Net Loss | -442.2 M | -420.1 M | |
| Income Tax Expense | 159.7 M | 114.8 M | |
| Income Before Tax | -275 M | -261.3 M | |
| Total Other Income Expense Net | -2.7 B | -2.5 B | |
| Net Income Applicable To Common Shares | 1.6 B | 1.7 B | |
| Net Loss | -434.7 M | -413 M | |
| Non Operating Income Net Other | 398 M | 417.9 M | |
| Interest Income | 94.2 M | 89.5 M | |
| Net Interest Income | -761.2 M | -799.3 M | |
| Change To Netincome | 48.1 M | 45.7 M | |
| Net Loss | (1.27) | (1.20) | |
| Income Quality | (3.72) | (3.54) | |
| Net Income Per E B T | 1.61 | 1.69 |
Eversource Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eversource Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eversource Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eversource Energy's important profitability drivers and their relationship over time.
Use Eversource Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eversource Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eversource Energy will appreciate offsetting losses from the drop in the long position's value.Eversource Energy Pair Trading
Eversource Energy Pair Trading Analysis
The ability to find closely correlated positions to Eversource Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eversource Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eversource Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eversource Energy to buy it.
The correlation of Eversource Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eversource Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eversource Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eversource Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Eversource Energy position
In addition to having Eversource Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 47 constituents at this time.
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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.