Eversource Energy (NYSE:ES) faces a range of stock market performances, with notable underperformance against competitors on certain days. Despite this,
Wall Street analysts display varied price targets for the stock, while
Eversource Energy EVP sells shares worth over $53,000. The energy company's Q2 earnings have been in line with estimates, yet its shares traded down 1.9% on insider selling, crossing the 5% yield mark. Shares were also sold by Swedbank AB. Despite these fluctuations, the company has witnessed strong institutional backing at 83%. However, over the past three years, investors have not profited from Eversource Energy, experiencing further loss of 5.3% this week. The company’s debt load seems to be a pressing concern. Despite this, several institutions have boosted their holdings in the company. Eversource Energy’s Q1 2024 Earnings have outperformed analyst projections, while the price target has been increased to $79.00 by Wells Fargo & Company. The company announced definitive agreement with Ørsted to sell Sunrise Wind. Eversource’s Offshore Wind Lessons could, however, have created a buying opportunity.
Eversource Energy ES News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 18 Aug 2024 14:14:14 GMT -
Rating -5
- Innovation 2
- Information 6
- Rumor -4
