ES
Eversource Energy [ES] Stock Forecast
Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
ES Stock Summary
Top 10 Correlated ETFs
ES
Top 10 Correlated Stocks
ES
In the News
Too much debt coming due and not much cash on hand: These 10 companies face a rough year ahead
Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it's advising investors to avoid.
Eversource (ES) Gains From Investments in Infrastructure
Eversource Energy's (ES) systematic capital expenditures and inorganic assets are likely to boost its earnings. However, rising interest expenses and failure of operating equipment are concerns.
Markets Jump on Debt Ceiling Optimism, More Positive AI News
Markets gain on Friday, May 26, 2023 on optimism about debt ceiling talks, more positive AI news
Eversource Energy to sell stake in offshore wind site to JV partner Ørsted
Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash.
Exclusive: Vanguard overcomes Republican challenge to US utility stakes
Vanguard Group, the largest provider of mutual funds, has secured regulatory approval to continue to own big stakes in U.S. power utilities, overcoming Republican concerns over its environmental, social and governance (ESG) policies.
International Consolidated Airlines lifts guidance after swinging to profit
International Consolidated Airlines Group said Friday it beat consensus as it reported a swing to operating profit for the first quarter, and raised its guidance for the year.
Eversource Energy (ES) Q1 Earnings & Sales Beat Estimates
Eversource Energy's (ES) first-quarter 2023 earnings are better than expected. The company continues to invest steadily to strengthen its operations.
Eversource Energy (ES) Q1 2023 Earnings Call Transcript
Eversource Energy (NYSE:ES ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 PM ET Company Participants Joe Nolan - Chairman, President & CEO John Moreira - EVP & CFO Jay Buth - VP & Controller Bob Becker - Director, IR Jeff Kotkin - VP, IR Conference Call Participants Shahriar Pourreza - Guggenheim Partners Paul Patterson - Glenrock Associates Steve Fleishman - Wolfe Research Rich Sunderland - JPMorgan Paul Zimbardo - Bank of America Ryan Levine - Citigroup Travis Miller - Morningstar Operator Good morning, and thank you for attending today's Eversource Energy First Quarter 2023 Earnings Call. My name is Jason, and I'll be the moderator for today's call.
Eversource Energy (ES) Q1 Earnings and Revenues Top Estimates
Eversource Energy (ES) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.30 per share a year ago.
Why Eversource Energy (ES) Might Surprise This Earnings Season
Eversource Energy (ES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
ES Financial details
ES Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 26.62 | 26.53 | 26.28 | 28.67 | 35.44 | |
| Net income per share | 3.25 | 2.83 | 3.56 | 3.55 | 4.05 | |
| Operating cash flow per share | 5.62 | 6.25 | 4.97 | 5.71 | 6.92 | |
| Free cash flow per share | -2.33 | -2.81 | -3.72 | -3.52 | -3 | |
| Cash per share | 0.34 | 0.05 | 0.31 | 0.19 | 1.08 | |
| Book value per share | 36.19 | 39.29 | 41.51 | 42.44 | 44.62 | |
| Tangible book value per share | 22.73 | 26 | 28.84 | 29.88 | 32.03 | |
| Share holders equity per share | 36.19 | 39.29 | 41.51 | 42.44 | 44.62 | |
| Interest debt per share | 47.67 | 50.1 | 54.62 | 60.47 | 68.11 | |
| Market cap | 20.64B | 27.34B | 29.31B | 31.29B | 29.07B | |
| Enterprise value | 35.17B | 42.9B | 47.17B | 51.45B | 51.64B | |
| P/E ratio | 19.98 | 30.08 | 24.32 | 25.64 | 20.7 | |
| Price to sales ratio | 2.44 | 3.21 | 3.29 | 3.17 | 2.37 | |
| POCF ratio | 11.57 | 13.61 | 17.42 | 15.95 | 12.11 | |
| PFCF ratio | -27.92 | -30.32 | -23.26 | -25.81 | -27.94 | |
| P/B Ratio | 1.8 | 2.16 | 2.08 | 2.14 | 1.88 | |
| PTB ratio | 1.8 | 2.16 | 2.08 | 2.14 | 1.88 | |
| EV to sales | 4.16 | 5.03 | 5.3 | 5.22 | 4.2 | |
| Enterprise value over EBITDA | 12.16 | 14.09 | 14.49 | 14.74 | 12.33 | |
| EV to operating cash flow | 19.71 | 21.35 | 28.04 | 26.21 | 21.5 | |
| EV to free cash flow | -47.56 | -47.56 | -37.43 | -42.43 | -49.63 | |
| Earnings yield | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 | |
| Free cash flow yield | -0.04 | -0.03 | -0.04 | -0.04 | -0.04 | |
| Debt to equity | 2.32 | 2.24 | 2.27 | 2.31 | 2.43 | |
| Debt to assets | 0.7 | 0.69 | 0.69 | 0.7 | 0.71 | |
| Net debt to EBITDA | 5.02 | 5.11 | 5.49 | 5.77 | 5.39 | |
| Current ratio | 0.56 | 0.67 | 0.64 | 0.56 | 0.62 | |
| Interest coverage | 3.41 | 2.98 | 3.69 | 3.42 | 3.24 | |
| Income quality | 1.71 | 2.19 | 1.39 | 1.6 | 1.7 | |
| Dividend Yield | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | |
| Payout ratio | 0.63 | 0.74 | 0.62 | 0.67 | 0.62 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.12 | 0.11 | 0.1 | 0.09 | 0.08 | |
| Capex to operating cash flow | -1.41 | -1.45 | -1.75 | -1.62 | -1.43 | |
| Capex to revenue | -0.3 | -0.34 | -0.33 | -0.32 | -0.28 | |
| Capex to depreciation | -2.35 | -2.69 | -2.54 | -2.38 | -2.09 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 51.48 | 50.01 | 57.63 | 58.21 | 63.77 | |
| ROIC | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | |
| Return on tangible assets | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | |
| Graham Net | -80.33 | -85.02 | -90.22 | -94.36 | -103.01 | |
| Working capital | -1.82B | -1.19B | -1.78B | -2.58B | -2.58B | |
| Tangible asset value | 7.22B | 8.36B | 9.77B | 10.28B | 11.11B | |
| Net current asset value | -24.31B | -25.92B | -28.75B | -30.47B | -33.38B | |
| Invested capital | 1.27 | 1.23 | 1.28 | 1.38 | 1.48 | |
| Average receivables | 1.15B | 1.17B | 1.3B | 1.43B | 1.6B | |
| Average payables | 1.1B | 1.13B | 1.26B | 1.52B | 1.89B | |
| Average inventory | 230.55M | 236.77M | 250.55M | 266.55M | 320.95M | |
| Days sales outstanding | 50.56 | 50.1 | 58.57 | 53.18 | 52.16 | |
| Days payables outstanding | 91.37 | 95.15 | 111.97 | 119.4 | 112.16 | |
| Days of inventory on hand | 19.42 | 19.52 | 21.7 | 19.1 | 19.86 | |
| Receivables turnover | 7.22 | 7.29 | 6.23 | 6.86 | 7 | |
| Payables turnover | 3.99 | 3.84 | 3.26 | 3.06 | 3.25 | |
| Inventory turnover | 18.8 | 18.7 | 16.82 | 19.11 | 18.37 | |
| ROE | 0.09 | 0.07 | 0.09 | 0.08 | 0.09 | |
| Capex per share | -7.95 | -9.06 | -8.69 | -9.23 | -9.93 |
Quarterly Fundamentals Overview
Last date of statement is 2023-03-31 for Q1
| Metric | History | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 10.06 | 7.44 | 9.26 | 8.69 | 10.87 | |
| Net income per share | 1.28 | 0.84 | 1.01 | 0.92 | 1.41 | |
| Operating cash flow per share | 1.08 | 1.36 | 2.44 | 2.04 | 0.2 | |
| Free cash flow per share | -1.14 | -0.91 | 0.13 | -1.08 | 0.2 | |
| Cash per share | 0.13 | 0.09 | 1.4 | 1.07 | 0.1 | |
| Book value per share | 42.99 | 43.53 | 43.99 | 44.36 | 77.71 | |
| Tangible book value per share | 30.46 | 31.04 | 31.55 | 31.84 | 64.76 | |
| Share holders equity per share | 42.99 | 43.53 | 43.99 | 44.36 | 77.71 | |
| Interest debt per share | 60.92 | 62.4 | 64.72 | 66.31 | 67.49 | |
| Market cap | 30.44B | 29.22B | 27.08B | 29.24B | 27.33B | |
| Enterprise value | 51.27B | 50.61B | 48.89B | 51.81B | 50.67B | |
| P/E ratio | 17.16 | 25.03 | 19.37 | 22.83 | 13.91 | |
| Price to sales ratio | 8.77 | 11.36 | 8.42 | 9.65 | 7.2 | |
| POCF ratio | 81.84 | 62.18 | 31.96 | 41.05 | 395.18 | |
| PFCF ratio | -77.52 | -92.87 | 623.52 | -77.62 | 395.18 | |
| P/B Ratio | 2.05 | 1.94 | 1.77 | 1.89 | 1.01 | |
| PTB ratio | 2.05 | 1.94 | 1.77 | 1.89 | 1.01 | |
| EV to sales | 14.77 | 19.67 | 15.2 | 17.1 | 13.35 | |
| Enterprise value over EBITDA | 40.66 | 55.37 | 46.1 | 54.43 | 47.11 | |
| EV to operating cash flow | 137.84 | 107.71 | 57.71 | 72.72 | 732.64 | |
| EV to free cash flow | -130.56 | -160.87 | 1.13K | -137.52 | 732.64 | |
| Earnings yield | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | |
| Free cash flow yield | -0.01 | -0.01 | 0 | -0.01 | 0 | |
| Debt to equity | 2.31 | 2.3 | 2.37 | 2.43 | 0.99 | |
| Debt to assets | 0.7 | 0.7 | 0.7 | 0.71 | 0.5 | |
| Net debt to EBITDA | 16.52 | 23.4 | 20.57 | 23.71 | 21.7 | |
| Current ratio | 0.62 | 0.77 | 0.71 | 0.62 | 0.65 | |
| Interest coverage | 4.33 | 2.85 | 3.13 | 2.8 | 3.85 | |
| Income quality | 0.84 | 1.6 | 2.41 | 2.21 | 0.14 | |
| Dividend Yield | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Payout ratio | 0.49 | 0.74 | 0.62 | 0.68 | 0.47 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | |
| Capex to operating cash flow | -2.06 | -1.67 | -0.95 | -1.53 | 0 | |
| Capex to revenue | -0.22 | -0.3 | -0.25 | -0.36 | 0 | |
| Capex to depreciation | -1.45 | -2.15 | -1.94 | -3.21 | 0 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 35.25 | 28.75 | 31.56 | 30.27 | 49.59 | |
| ROIC | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Return on tangible assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Graham Net | -95.21 | -96.56 | -98.74 | -102.42 | -72.95 | |
| Working capital | -2.13B | -992.5M | -1.57B | -2.58B | -2.27B | |
| Tangible asset value | 10.52B | 10.74B | 10.96B | 11.11B | 22.61B | |
| Net current asset value | -30.82B | -31.44B | -32.25B | -33.38B | -22.83B | |
| Invested capital | 1.41 | 1.42 | 1.46 | 1.48 | 0.86 | |
| Average receivables | 1.55B | 1.59B | 1.58B | 1.7B | 1.71B | |
| Average payables | 1.58B | 1.42B | 1.41B | 1.79B | 1.97B | |
| Average inventory | 277.27M | 274.73M | 292.32M | 348.31M | 398.87M | |
| Days sales outstanding | 43.08 | 53.29 | 45.76 | 52.17 | 39.36 | |
| Days payables outstanding | 72.23 | 87.47 | 71.3 | 106.75 | 69.54 | |
| Days of inventory on hand | 13.87 | 16.96 | 15.74 | 18.91 | 16.16 | |
| Receivables turnover | 2.09 | 1.69 | 1.97 | 1.73 | 2.29 | |
| Payables turnover | 1.25 | 1.03 | 1.26 | 0.84 | 1.29 | |
| Inventory turnover | 6.49 | 5.31 | 5.72 | 4.76 | 5.57 | |
| ROE | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | |
| Capex per share | -2.22 | -2.27 | -2.31 | -3.12 | 0 |
ES Frequently Asked Questions
What is Eversource Energy stock symbol ?
Eversource Energy is a US stock , located in Springfield of Ma and trading under the symbol ES
Is Eversource Energy buy or a sell ?
8 stock analysts have 8 predictions with a medium analyst target price of $90.13. The lowest prediction is $84 and the highest is $98
What is ES stock prediction ?
What is Eversource Energy stock quote today ?
Eversource Energy stock price is $71.5101 today.
Is Eversource Energy stock public?
Yes, Eversource Energy is a publicly traded company.
Company Profile
- Volume Average 1.92M
- Market Capitalization 24.42B
- Employee 9.63K
- CEO Mr. Joseph R. Nolan Jr.
- Headquarters Springfield,MA,US
- IPO Date 1967-02-20
-
Website
https://www.eversource.com 
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
