Eversource Energy with ticker code (ES) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $94.00 and $50.00 with the average target price sitting at $65.50. Now with the previous closing price of $53.41 and the analysts are correct then we can expect a percentage increase in value of 22.6%. It’s also worth noting that there is a 50 day moving average of $59.31 and the 200 day moving average is $65.68. The market cap for the company is 18.44B. The stock price for the company is currently $52.78 USD
The potential market cap would be $22,610,962,022 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.8, revenue per share of $35.06 and a 2.91% return on assets.
Eversource Energy is a utility holding company that is engaged in the energy delivery business through its subsidiaries. The Company operates through four business segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. The Electric Distribution segment is engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire, respectively. The Electric Transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The Natural Gas Distribution segment distributes natural gas to its customers in Massachusetts and Connecticut. The Water Distribution segment provides water services to residential, commercial, industrial, municipal and fire protection and other customers, in Connecticut, Massachusetts and New Hampshire. Its subsidiaries include NSTAR Electric Company and others.
