WEC Energy Group Inc (NYSE: WEC) has reported E.P.S. of $0.77 for its second fiscal quarter (ending June 30) versus $0.75 for the same period a year ago — an increase of 3%. This performance was $0.08 better than the consensus estimate of $0.69. E.P.S. were $3.71 for the latest four quarters through June 30 versus $3.47 for the same period a year ago — an increase of 7%.
Recent Price Action
WEC Energy Group Inc (NYSE: WEC) stock increased 1.6% on 8/4/20. The shares closed at $95.11. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WEC is expected to continue to be a modest Value Builder.
WEC Energy has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. WEC Energy has a poor Appreciation Score of 22 but a slightly positive Power Rating of 69, triggering the Neutral Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.