Eversource Energy Stock Performance
| ES Stock | USD 58.99 0.48 0.82% |
On a scale of 0 to 100, Eversource Energy holds a performance score of 10. The firm shows a Beta (market volatility) of 1.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eversource Energy will likely underperform. Please check Eversource Energy's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Eversource Energy's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eversource Energy are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Eversource Energy unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.82 | Five Day Return (0.61) | Year To Date Return (7.45) | Ten Year Return 29.05 | All Time Return 280.58 |
Forward Dividend Yield 0.0489 | Payout Ratio 0.5781 | Last Split Factor 2:1 | Forward Dividend Rate 2.86 | Dividend Date 2024-03-29 |
1 | Eversource Energy Shares Purchased by Quantbot Technologies LP | 01/31/2024 |
2 | Eversource Energy Q4 2023 Earnings Call Transcript | 02/15/2024 |
3 | Updated Bid for Sunrise Wind Wins New Yorks Latest Offshore Wind Solicitation | 02/29/2024 |
4 | The Top 3 Utilities Stocks to Buy in March 2024 | 03/08/2024 |
5 | New York says first U.S. utility-scale offshore wind farm starts operations | 03/14/2024 |
6 | Public Employees Retirement System of Ohio Lowers Stock Holdings in Eversource Energy - Defense World | 03/18/2024 |
7 | Acquisition by Werner Schweiger of 10870 shares of Eversource Energy subject to Rule 16b-3 | 03/20/2024 |
8 | Eversource Energy Raised to Sell at StockNews.com - MarketBeat | 03/28/2024 |
9 | Raymond James Financial Services Advisors Inc. Raises Stock Position in Eversource Energy - Defense World | 04/02/2024 |
10 | Whats The Stereotypical Old Persons New Car | 04/04/2024 |
11 | With 82 percent ownership, Eversource Energy boasts of strong institutional backing | 04/11/2024 |
12 | Reasons to Add DTE Energy Stock to Your Portfolio Now | 04/17/2024 |
| Begin Period Cash Flow | 36.8 B |
Eversource |
Eversource Energy Relative Risk vs. Return Landscape
If you would invest 5,213 in Eversource Energy on January 20, 2024 and sell it today you would earn a total of 686.00 from holding Eversource Energy or generate 13.16% return on investment over 90 days. Eversource Energy is generating 0.2091% of daily returns and assumes 1.6103% volatility on return distribution over the 90 days horizon. Put differently, 14% of stocks are less risky than Eversource on the basis of their historical return distribution, and some 96% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Eversource Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eversource Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eversource Energy, and traders can use it to determine the average amount a Eversource Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1298
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Eversource Energy is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eversource Energy by adding it to a well-diversified portfolio.
Eversource Energy Fundamentals Growth
Eversource Stock prices reflect investors' perceptions of the future prospects and financial health of Eversource Energy, and Eversource Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eversource Stock performance.
| Return On Equity | -0.029 | ||||
| Return On Asset | 0.0291 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 47.44 B | ||||
| Shares Outstanding | 350.73 M | ||||
| Price To Earning | 20.33 X | ||||
| Price To Book | 1.45 X | ||||
| Price To Sales | 1.73 X | ||||
| Revenue | 11.91 B | ||||
| Gross Profit | 5.41 B | ||||
| EBITDA | 3.22 B | ||||
| Net Income | (442.24 M) | ||||
| Cash And Equivalents | 327.01 M | ||||
| Cash Per Share | 1.39 X | ||||
| Total Debt | 26.88 B | ||||
| Debt To Equity | 1.44 % | ||||
| Current Ratio | 0.71 X | ||||
| Book Value Per Share | 40.55 X | ||||
| Cash Flow From Operations | 1.65 B | ||||
| Earnings Per Share | (1.27) X | ||||
| Market Capitalization | 20.69 B | ||||
| Total Asset | 55.61 B | ||||
| Retained Earnings | 4.14 B | ||||
| Working Capital | (2.09 B) | ||||
| Current Asset | 2.62 B | ||||
| Current Liabilities | 2.99 B | ||||
About Eversource Energy Performance
To evaluate Eversource Energy Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Eversource Energy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Eversource Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Eversource Energy market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Eversource's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 21.60 | 35.11 | |
| 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) |
Things to note about Eversource Energy performance evaluation
Checking the ongoing alerts about Eversource Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eversource Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 zacks.com: Reasons to Add DTE Energy Stock to Your Portfolio Now |
- Analyzing Eversource Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eversource Energy's stock is overvalued or undervalued compared to its peers.
- Examining Eversource Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eversource Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eversource Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eversource Energy's stock. These opinions can provide insight into Eversource Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.