Eversource Energy

Company Profile

Eversource Energy had its IPO on 1984-08-29 under the ticker symbol ES.

The company operates in the Utilities sector and Utilities-Regulated Electric industry. Eversource Energy has a staff strength of 9,626 employees.

Stock update

Shares of Eversource Energy opened at $62.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $61.78 - $62.65, and closed at $62.39.

This is a +0.05% increase from the previous day's closing price.

A total volume of 1,831,148 shares were traded at the close of the day’s session.

In the last one week, shares of Eversource Energy have slipped by -1.05%.

Eversource Energy's Key Ratios

Eversource Energy has a market cap of $24.57 billion, indicating a price to book ratio of 1.9571 and a price to sales ratio of 2.441.

In the last 12-months Eversource Energy’s revenue was $12.61 billion with a gross profit of $5.41 billion and an EBITDA of $3.70 billion. The EBITDA ratio measures Eversource Energy's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Eversource Energy’s operating margin was 19.7% while its return on assets stood at 3% with a return of equity of 9.45%.

In Q1, Eversource Energy’s quarterly earnings growth was a positive 9.9% while revenue growth was a positive 9.3%.

Eversource Energy’s PE and PEG Ratio

Forward PE

19.685

Trailing PE

16.8921

PEG

3.0293

Its diluted EPS in the last 12-months stands at $4.17 per share while it has a forward price to earnings multiple of 19.685 and a PEG multiple of 3.0293. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Eversource Energy’s profitability.

Eversource Energy stock is trading at a EV to sales ratio of 4.4044 and a EV to EBITDA ratio of 12.6164. Its price to sales ratio in the trailing 12-months stood at 2.441.

Eversource Energy stock pays annual dividends of $2.587 per share, indicating a yield of 3.83% and a payout ratio of 62.5%.

Balance sheet and cash flow metrics

Total Assets

$54.11 billion

Total Liabilities

$6.41 billion

Operating Cash Flow

$-1051550000.00

Capital Expenditure

$977.14 million

Dividend Payout Ratio

62.5%

Eversource Energy ended 2024 with $54.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $54.11 billion while shareholder equity stood at $27.14 billion.

Eversource Energy ended 2024 with $0 in deferred long-term liabilities, $6.41 billion in other current liabilities, 1799920000.00 in common stock, $5.78 billion in retained earnings and $4.52 billion in goodwill. Its cash balance stood at $35.98 million and cash and short-term investments were $35.98 million. The company’s total short-term debt was $2,810,961,000 while long-term debt stood at $20.56 billion.

Eversource Energy’s total current assets stands at $4.14 billion while long-term investments were $2.63 billion and short-term investments were $0. Its net receivables were $1.66 billion compared to accounts payable of $1.82 billion and inventory worth $423.34 million.

In 2024, Eversource Energy's operating cash flow was $-1051550000.00 while its capital expenditure stood at $977.14 million.

Comparatively, Eversource Energy paid $0.63 in dividends in 2024.

Other key metrics

Current Trading Price

$62.39

52-Week High

$91.3616

52-Week Low

$67.79

Analyst Target Price

$88.46

Eversource Energy stock is currently trading at $62.39 per share. It touched a 52-week high of $91.3616 and a 52-week low of $91.3616. Analysts tracking the stock have a 12-month average target price of $88.46.

Its 50-day moving average was $67.88 and 200-day moving average was $74.72 The short ratio stood at 2.65 indicating a short percent outstanding of 0%.

Around 40.1% of the company’s stock are held by insiders while 8314.5% are held by institutions.