Stock on Focus: Eversource Energy (ES)

Company Profile:

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates in three segments: Electric Distribution, Electric Transmission, and Natural Gas Distribution. It is involved in the generation, transmission, and distribution of electricity; and distribution of natural gas. The company serves residential, commercial, and industrial customers in Connecticut, Massachusetts, and New Hampshire, the United States. It provides energy delivery services to approximately 3.6 million electric and natural gas customers. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was founded in 1927 and is based in Springfield, Massachusetts.

Recent News:

Eversource Energy (ES) reported earnings of $203.6 million, or $0.64 per share, in the second quarter of 2016, compared with earnings of $207.5 million, or $0.65 per share, in the second quarter of 2015. In the first half of 2016, Eversource Energy earned $447.8 million, or $1.41 per share, compared with earnings of $460.8 million, or $1.45 per share, in the first half of 2015.

On June 23, 1016, Eversource Energy (ES) announced that Craig Hallstrom has been named as Regional Electric Operations President for Connecticut andMassachusetts. In his new role, Hallstrom will have oversight of electric field and system operations for both states.


Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.


Profitability – Measures the historical price movement of the stock.


Solvency – Measures the solvency of the company based on several ratios.


Efficiency – Measures the strength and historic growth of a company’s return on invested capital.



ES’s strengths can be seen in its better growth, strong profitability, better solvency and robust efficiency. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochatic oscillator and RSI is in bull territory, which stands at 45.12 with positive bias. We rate Eversource Energy (ES) a STRONG BUY.

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