Eversource Energy
NYSE:ES
Intrinsic Value
Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. [ Read More ]
The intrinsic value of one ES stock under the Base Case scenario is 102 USD. Compared to the current market price of 59.77 USD, Eversource Energy is Undervalued by 41%.
Valuation Backtest
Eversource Energy
Run backtest to discover the historical profit from buying and selling ES stocks based on their intrinsic value.
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Fundamental Analysis
Steady Growth and Robust Investment Plan
2023-Q4 Earnings Call
In 2023, the company achieved reoccurring earnings of $4.34 per share, a 6% increase over the previous year. Subsequently, the dividend was also raised by 6% to $2.86 per share annually. For 2024, management projects a non-GAAP recurring EPS range of $4.50 to $4.67. The firm is set to invest approximately $23.1 billion over five years in its regulated businesses to maintain service quality and meet clean energy goals.
Balance Sheet Decomposition
Eversource Energy
Current Assets | 4.2B |
Cash & Short-Term Investments | 53.9m |
Receivables | 1.4B |
Other Current Assets | 2.8B |
Non-Current Assets | 51.4B |
Long-Term Investments | 998.3m |
PP&E | 39.6B |
Intangibles | 4.5B |
Other Non-Current Assets | 6.3B |
Current Liabilities | 6.3B |
Accounts Payable | 1.9B |
Accrued Liabilities | 9.5m |
Short-Term Debt | 1.9B |
Other Current Liabilities | 2.5B |
Non-Current Liabilities | 34.9B |
Long-Term Debt | 24B |
Other Non-Current Liabilities | 10.9B |
Earnings Waterfall
Eversource Energy
Revenue
|
11.9B
USD
|
Operating Expenses
|
-9.5B
USD
|
Operating Income
|
2.4B
USD
|
Other Expenses
|
-2.8B
USD
|
Net Income
|
-442.2m
USD
|
Free Cash Flow Analysis
Eversource Energy
What is Free Cash Flow?
ES Profitability Score
Profitability Due Diligence
Eversource Energy's profitability score is 43/100. The higher the profitability score, the more profitable the company is.
Score
Eversource Energy's profitability score is 43/100. The higher the profitability score, the more profitable the company is.
ES Solvency Score
Solvency Due Diligence
Eversource Energy's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Score
Eversource Energy's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ES Price Targets Summary
Eversource Energy
According to Wall Street analysts, the average 1-year price target for ES is 67.18 USD with a low forecast of 50.5 USD and a high forecast of 98.7 USD.
Ownership
ES Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
ES Price
Eversource Energy
Average Annual Return | 7.45% |
Standard Deviation of Annual Returns | 9.36% |
Max Drawdown | -42% |
Market Capitalization | 20.9B USD |
Shares Outstanding | 349 687 008 |
Percentage of Shares Shorted | 1.69% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. The company is headquartered in Springfield, Massachusetts and currently employs 9,227 full-time employees. The firm operates through four business segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. The Electric Distribution segment is engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire. The 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. The Natural Gas Distribution segment distributes natural gas to its customers in Massachusetts and Connecticut. The Water Distribution segment provides water services to residential, commercial, industrial, municipal and fire protection and other customers, in Connecticut, Massachusetts and New Hampshire. Its subsidiaries include NSTAR Electric Company and others.
Contact
IPO
Employees
Officers
The intrinsic value of one ES stock under the Base Case scenario is 102 USD.
Compared to the current market price of 59.77 USD, Eversource Energy is Undervalued by 41%.