(ES) Eversource Energy - Ratings and Ratios

Eversource Energy is a leading public utility holding company that delivers energy to customers across the Northeast United States. With a diversified portfolio of businesses, the company operates through multiple segments, including Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution, serving millions of customers in Connecticut, Massachusetts, and New Hampshire.

The companys extensive infrastructure enables the transmission and distribution of electricity, as well as the distribution of natural gas, to residential, commercial, and industrial customers. Additionally, Eversource operates solar power facilities, further expanding its clean energy offerings. Its regulated water utilities provide essential water services to a wide range of customers, including municipal and fire protection services.

With a long history dating back to 1927, Eversource Energy has evolved over the years, rebranding from Northeast Utilities to its current name in 2015. Headquartered in Springfield, Massachusetts, the company is committed to delivering reliable energy and water services to its customers. For more information, visit the companys website at https://www.eversource.com.

Analyzing the and , we can identify key trends and insights. The stocks recent price action indicates a bullish trend, with the Last Price above both the SMA20 and SMA50. The ATR suggests moderate volatility, with a 2.29% average true range. Considering the , the companys Market Cap and P/E ratio indicate a relatively stable and mature business. The Forward P/E suggests potential for earnings growth.

Forecasting future performance, we can anticipate Eversource Energys stock to continue its upward trend, driven by the companys diversified business segments and commitment to clean energy. With a strong foundation in the Northeast United States, Eversource is poised to benefit from growing demand for energy and water services. Based on the and , a potential price target for ES could be around $70, representing a 7% increase from current levels.