Stock Updates

Is this Large Market Cap Stock target price reasonable for Eversource Energy (NYSE:ES)?

The company in question is, Eversource Energy (NYSE:ES) currently with a stock price of 56.46 (1.24% today). The market cap for Eversource Energy is 17659.57, and is in the sector Utilities, and Diversified Utilities industry. The target price for Eversource Energy is 60.75. Currently Eversource Energy is trading with a P/E of 20.52, and a forward P/E of 17.56. Average volume for Eversource Energy is 1614.91 and so far today it is 1379058.

Performance in the last year for Eversource Energy has been 12.08%. For EPS growth, Eversource Energy has seen a growth of 6.80%, and is looking to grow in the next year to 7.01%. More long term stats show that EPS growth has been 4.70% over the last five years and could be 5.66% for the next five years. Eversource Energy has seen sales growth quarter over quarter at -2.70%, with EPS growth quarter over quarter at -1.80%. The 20-day simple moving average is -2.27%, with the 200-day simple moving average coming to 3.77%.

Since the IPO date for Eversource Energy on the 8/29/1984, Eversource Energy has seen performance year to date to be 11.01%. With Eversource Energy trading at 56.46, the dividend yield is 3.19%, and the EPS is 2.72.

So could Eversource Energy, be undervalued? Well as said before P/E is 20.52. The PEG is 3.63, P/S is 2.37 and the P/B is at 1.69. The P/cash is *TBA, with P/free cash flow at *TBA.

Eversource Energy ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.9. This is with long term debt/equity at 0.9, and total debt/equity at 0.99.

In terms of margins, Eversource Energy has a gross margin of *TBA, an operating margin of 23.70% and a profit margin of 11.60%.Payout ratio for Eversource Energy is 63.50%. Return on assets come to 2.80% with return on investment coming to 6.00%.

Insider ownership for Eversource Energy, is at 0.30% and institutional ownership comes to 74.30%. Outstanding shares are at 316.65. While shares float is 314.5. The float short is currently 1.07%, and short ratio is 2.09.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment