Eversource Energy Stock Discussion

Market anticipates improvement in Eversource Energy's revenue performance, possibly preventing P/S drop. Investors foresee average future growth and are moderately willing to pay for the stock. Absence of major shocks in P/S and revenue estimates may keep share price stable.

Eversource Energy's moves to trim non-critical operations align with US utilities' trend of shedding assets to focus on basic, regulated energy provision functions, seen as less risky.

Eversource Energy's reinvested capital returns haven't grown, indicating it's not a multi-bagger stock. Over the past five years, shareholder returns have been stagnant. The company's investments don't appear to yield high returns on capital.

Though Eversource Energy's ROE isn't exceptional, it's seen as acceptable. High levels of debt could mean significant risk, given the relatively low ROE. Higher returns might be needed to justify the added risk from its debt.

Eversource Energy's robust earnings outlook doesn't seem to influence the P/E ratio. Some stakeholders are skeptical of forecasts, which could lead to low selling prices. Yet unseen challenges may prevent the P/E ratio from mirroring the positive outlook.

The fact that several insiders sold shares and no insider purchases were made raises questions about the company's prospects. Further, while a 0.2% insider ownership is not substantial, it indicates some level of alignment between management and small shareholders.

Orsted CEO notes adverse supply chain issues and increasing interest rates as reasons behind halting the Ocean Wind 1 and 2 projects. The company is now prioritising preserving value.

Eversource Energy’s consistent decline in performance metrics dissuades potential investors, but a sign of long-term sustainable growth could turn the current sell-off into a buying opportunity.