Eversource Energy Stock Buy Hold or Sell Recommendation
| ES Stock | USD 60.30 0.61 1.02% |
Allowing for the 90-day total investment horizon and your conservative attitude towards risk, our recommendation regarding Eversource Energy is 'Hold'. Macroaxis provides Eversource Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ES positions. The advice algorithm takes into account all of Eversource Energy's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Eversource Energy's buy or sell advice are summarized below:
Real Value 64.04 | Target Price 69.47 | Hype Value 60.42 | Market Value 60.3 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eversource Energy given historical horizon and risk tolerance towards Eversource Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for Eversource Energy, the advice is generated through an automated system that utilizes algorithms and statistical models.
Eversource |
Execute Eversource Energy Buy or Sell Advice
The Eversource recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eversource Energy. Macroaxis does not own or have any residual interests in Eversource Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eversource Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | 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 |
Eversource Energy Trading Alerts and Improvement Suggestions
| The company 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. Debt can assist Eversource Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Eversource Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eversource Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eversource to invest in growth at high rates of return. When we think about Eversource Energy's use of debt, we should always consider it together with cash and equity. | |
| 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 | |
| Latest headline from businesswire.com: Eversource Energy Announces Execution of Definitive Agreement with rsted to Sell Sunrise Wind |
Eversource Energy Returns Distribution Density
The distribution of Eversource Energy's historical returns is an attempt to chart the uncertainty of Eversource Energy's future price movements. The chart of the probability distribution of Eversource Energy daily returns describes the distribution of returns around its average expected value. We use Eversource Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eversource Energy returns is essential to provide solid investment advice for Eversource Energy.
| Mean Return | 0.16 | Value At Risk | -2.14 | Potential Upside | 3.20 | Standard Deviation | 1.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eversource Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eversource Stock 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 originates 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 | Fmr Inc | 2023-12-31 | 4.4 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 4.2 M | American Century Companies Inc | 2023-12-31 | 4.2 M | Northern Trust Corp | 2023-12-31 | 3.9 M | Public Sector Pension Investment Board | 2023-12-31 | 3.4 M | Ameriprise Financial Inc | 2023-12-31 | 3.1 M | Magellan Asset Management Limited | 2023-12-31 | 3.1 M | Bank Of New York Mellon Corp | 2023-12-31 | 3 M | Bank Of America Corp | 2023-12-31 | 3 M | Vanguard Group Inc | 2023-12-31 | 45.5 M | Blackrock Inc | 2023-12-31 | 37 M |
Eversource Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (92.3M) | 147.9M | (43.9M) | 300.7M | (1.8B) | (1.7B) | |
| Free Cash Flow | (901.9M) | (1.3B) | (1.2B) | (1.0B) | (2.7B) | (2.6B) | |
| Other Non Cash Items | (339.5M) | (748.8M) | (742.4M) | (880.9M) | 1.6B | 1.7B | |
| Dividends Paid | 670.8M | 752.2M | 813.0M | 867.6M | 926.5M | 972.8M | |
| Capital Expenditures | 2.9B | 2.9B | 3.2B | 3.4B | 4.3B | 4.6B | |
| Net Income | 916.6M | 1.2B | 1.2B | 1.4B | (442.2M) | (420.1M) | |
| End Period Cash Flow | 117.1M | 265.0M | 221.0M | 521.8M | 35.0B | 36.8B | |
| Change To Inventory | (831K) | (8.1M) | (15.4M) | (1.9M) | (1.7M) | (1.8M) | |
| Change To Netincome | 285.9M | 37.7M | 227.5M | 53.4M | 48.1M | 45.7M | |
| Depreciation | 1.1B | 1.2B | 1.3B | 1.6B | 815.7M | 858.6M | |
| Investments | (387.0M) | (207.4M) | (294.5M) | (709.1M) | (4.9B) | (4.6B) | |
| Change Receivables | (98.7M) | (351.8M) | (135.5M) | (470.6M) | (423.5M) | (402.4M) | |
| Net Borrowings | 1.0B | 2.4B | 2.3B | 2.8B | 3.2B | 3.4B |
Eversource Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eversource Energy or Electric Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eversource Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eversource stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 1.22 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | 0.05 |
Eversource Energy Volatility Alert
Eversource Energy has relatively low volatility with skewness of 0.72 and kurtosis of 0.62. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eversource Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eversource Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eversource Energy Fundamentals Vs Peers
Comparing Eversource Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eversource Energy's direct or indirect competition across all of the common fundamentals between Eversource Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eversource Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eversource Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eversource Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eversource Energy to competition |
| Fundamentals | Eversource Energy | Peer Average |
| Return On Equity | -0.029 | -0.31 |
| Return On Asset | 0.0291 | -0.14 |
| Profit Margin | (0.04) % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 47.86 B | 16.62 B |
| Shares Outstanding | 350.73 M | 571.82 M |
| Shares Owned By Insiders | 0.27 % | 10.09 % |
| Shares Owned By Institutions | 83.51 % | 39.21 % |
| Number Of Shares Shorted | 4.74 M | 4.71 M |
| Price To Earning | 20.33 X | 28.72 X |
| Price To Book | 1.45 X | 9.51 X |
| Price To Sales | 1.73 X | 11.42 X |
| Revenue | 11.91 B | 9.43 B |
| Gross Profit | 5.41 B | 27.38 B |
| EBITDA | 3.22 B | 3.9 B |
| Net Income | (442.24 M) | 570.98 M |
| Cash And Equivalents | 327.01 M | 2.7 B |
| Cash Per Share | 1.39 X | 5.01 X |
| Total Debt | 26.88 B | 5.32 B |
| Debt To Equity | 1.44 % | 48.70 % |
| Current Ratio | 0.71 X | 2.16 X |
| Book Value Per Share | 40.55 X | 1.93 K |
| Cash Flow From Operations | 1.65 B | 971.22 M |
| Short Ratio | 1.74 X | 4.00 X |
| Earnings Per Share | (1.27) X | 3.12 X |
| Price To Earnings To Growth | 2.01 X | 4.89 X |
| Target Price | 66.5 | |
| Number Of Employees | 10.17 K | 18.84 K |
| Beta | 0.6 | -0.15 |
| Market Capitalization | 20.93 B | 19.03 B |
| Total Asset | 55.61 B | 29.47 B |
| Retained Earnings | 4.14 B | 9.33 B |
| Working Capital | (2.09 B) | 1.48 B |
Note: Acquisition by Werner Schweiger of 10870 shares of Eversource Energy subject to Rule 16b-3 [view details]
Eversource Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eversource . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 35620.73 | |||
| Daily Balance Of Power | 0.4388 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 60.16 | |||
| Day Typical Price | 60.2 | |||
| Price Action Indicator | 0.45 | |||
| Period Momentum Indicator | 0.61 |
About Eversource Energy Buy or Sell Advice
When is the right time to buy or sell Eversource Energy? Buying financial instruments such as Eversource Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 20.2B | 22.9B | 26.9B | 28.2B | Total Assets | 48.5B | 53.2B | 55.6B | 58.4B |
Use Investing Ideas to Build Portfolios
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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Check out Eversource Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary 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.
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Is Eversource Energy's industry 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 (0.03) | Dividend Share 2.7 | Earnings Share (1.27) | Revenue Per Share 34.071 | Quarterly Revenue Growth (0.11) |
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.