Eversource Energy (ES) has consistently shown strong performance despite some daily losses and objections from Redditors. Multiple investment firms like
International Assets Investment Management LLC and
ZWJ Investment Counsel Inc. have ramped up their stakes in the company. As ES ventures deeper into the
renewables sector, it has bolstered its grid, contributing to its growth. Unfortunately, past investment returns haven't been profitable, revealing weak return trends. Their aggressive clean energy stance has led to inquiries about whether it's the cheapest clean energy or geothermal stock to invest in. Despite low short interest rates, ES had met Q2 Earnings estimates. However, investors aren't piling in yet. Their financial performance against other utility stocks is stable, with significant institutional backing. The downside, however, is their heavy debt load, which may be concerning to potential investors. In recent times, ES chose to optimize its interests by exiting offshore wind business, despite reporting a significant Q3 loss. Interestingly, ES reported Q1 2024 earnings that outperformed analyst predictions, and their Q2 2024 results met revenue expectations. Moving forward, their leadership changes and strategic governance decisions echo their commitment to sustainability, innovation, and renewable energy expansion.
Eversource Energy ES News Analytics from Wed, 04 May 2022 07:00:00 GMT to Sat, 26 Oct 2024 08:41:34 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -2
