Eversource Energy (NYSE: ES) has reported a loss for its third fiscal quarter (ending September 30) of $-0.33 versus $0.97 for the same period a year ago — a decline of -134%. For the latest four quarters through September 30, E.P.S. were $-1.59 compared to $3.34 a year ago — a decline of -148%.
Recent Price Action
Eversource Energy (NYSE: ES) stock declined slightly by -0.4% on 11/4/24. The stock closed at $63.40. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ES is expected to continue to be an important Value Builder.
Eversource Energy has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Eversource Energy has a good Appreciation Score of 74 and a good Power Rating of 80, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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