Eversource Energy (NYSE:ES) Releases FY 2025 Earnings Guidance

Key Points

• Eversource Energy has provided its FY 2025 earnings guidance, projecting an EPS range of 4.670-4.820, slightly above the consensus estimate of 4.755.
• The company's stock price increased by $0.10 to $66.09 amid a trading volume of over 4.5 million shares, significantly higher than its average volume.
• Analysts have mixed ratings on Eversource Energy, with a consensus rating of "Hold" and a revised average target price of $65.56.

Eversource Energy (NYSE:ES - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 4.670-4.820 for the period, compared to the consensus EPS estimate of 4.755. The company issued revenue guidance of -.

Eversource Energy Stock Performance

Shares of ES traded up $0.10 during mid-day trading on Thursday, hitting $66.09. 4,534,209 shares of the company's stock were exchanged, compared to its average volume of 2,748,553. Eversource Energy has a 52 week low of $52.28 and a 52 week high of $69.01. The firm has a market cap of $24.28 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.48 and a beta of 0.62. The company has a quick ratio of 0.66, a current ratio of 0.75 and a debt-to-equity ratio of 1.71. The stock's 50-day simple moving average is $64.68 and its 200-day simple moving average is $61.48.

Eversource Energy (NYSE:ES - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.96 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.03). Eversource Energy had a return on equity of 11.04% and a net margin of 6.63%. On average, equities research analysts expect that Eversource Energy will post 4.75 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on ES shares. JPMorgan Chase & Co. restated an "underweight" rating and issued a $58.00 target price (down from $69.00) on shares of Eversource Energy in a research note on Thursday, April 10th. Wall Street Zen upgraded shares of Eversource Energy from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Mizuho raised their target price on shares of Eversource Energy from $68.00 to $72.00 and gave the company an "outperform" rating in a report on Wednesday, June 25th. BMO Capital Markets lifted their price objective on shares of Eversource Energy from $71.00 to $72.00 and gave the company a "market perform" rating in a research note on Monday, April 28th. Finally, Bank of America boosted their price target on shares of Eversource Energy from $62.00 to $67.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Eversource Energy has a consensus rating of "Hold" and a consensus target price of $65.56.

Insiders Place Their Bets

In other Eversource Energy news, EVP Penelope M. Conner sold 2,600 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $64.00, for a total transaction of $166,400.00. Following the completion of the sale, the executive vice president directly owned 10,988 shares in the company, valued at approximately $703,232. The trade was a 19.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.41% of the company's stock.

Institutional Investors Weigh In On Eversource Energy

Large investors have recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of Eversource Energy by 8.9% in the first quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider's stock valued at $1,003,000 after acquiring an additional 1,319 shares in the last quarter. Woodline Partners LP increased its holdings in Eversource Energy by 40.8% in the first quarter. Woodline Partners LP now owns 30,988 shares of the utilities provider's stock valued at $1,925,000 after buying an additional 8,984 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in Eversource Energy by 115.1% in the first quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider's stock valued at $92,000 after buying an additional 801 shares during the last quarter. 79.99% of the stock is currently owned by hedge funds and other institutional investors.

About Eversource Energy

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.

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