Reviewing Eversource Energy (ES) and The Competition
Eversource Energy (NYSE: ES) is one of 83 publicly-traded companies in the “Electric Utilities” industry, but how does it compare to its peers? We will compare Eversource Energy to related businesses based on the strength of its risk, analyst recommendations, earnings, institutional ownership, valuation, profitability and dividends.
Valuation & Earnings
This table compares Eversource Energy and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Eversource Energy||$7.68 billion||$2.63 billion||20.27|
|Eversource Energy Competitors||$7.29 billion||$2.15 billion||30.16|
Eversource Energy has higher revenue and earnings than its peers. Eversource Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings and price targets for Eversource Energy and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Eversource Energy Competitors||692||3226||2427||52||2.29|
Eversource Energy currently has a consensus price target of $62.69, indicating a potential upside of 0.08%. As a group, “Electric Utilities” companies have a potential upside of 4.32%. Given Eversource Energy’s peers stronger consensus rating and higher probable upside, analysts plainly believe Eversource Energy has less favorable growth aspects than its peers.
Eversource Energy pays an annual dividend of $1.90 per share and has a dividend yield of 3.0%. Eversource Energy pays out 61.5% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.2% and pay out 104.0% of their earnings in the form of a dividend.
Risk and Volatility
Eversource Energy has a beta of 0.29, indicating that its stock price is 71% less volatile than the S&P 500. Comparatively, Eversource Energy’s peers have a beta of 0.70, indicating that their average stock price is 30% less volatile than the S&P 500.
Insider & Institutional Ownership
72.5% of Eversource Energy shares are owned by institutional investors. Comparatively, 65.6% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.5% of Eversource Energy shares are owned by insiders. Comparatively, 2.9% of shares of all “Electric Utilities” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
This table compares Eversource Energy and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Eversource Energy Competitors||-10.90%||3.28%||0.51%|
Eversource Energy peers beat Eversource Energy on 8 of the 15 factors compared.
About Eversource Energy
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, eastern Massachusetts, New Hampshire and western Massachusetts, and the regulated electric generation businesses. Its electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Its electric distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric), Public Service Company of New Hampshire (PSNH) and Western Massachusetts Electric Company (WMECO).
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