Home News Present Trend: WEC Energy Group (NYSE: WEC)

Present Trend: WEC Energy Group (NYSE: WEC)

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WEC Energy Group is in the utilities sector and is part of the regulated utilities industry. The company CEO is Gale E. Klappa. WEC Energy Group Inc operates electric and gas utility businesses in various states across the US. The firm is primarily engaged in the generation of electricity, gas distribution, and electric transmission.

Previous Intraday Trading Performance:

The WEC stock showed a previous change of 0.42% with an open at 74.64 and a close of 75.03. It reached an intraday high of 75.10 and a low of 74.54.

SeekingAlpha:  WEC Energy Q4 Earnings Preview

Liquidity:

The stock has a market cap of $23.7b with 315.5m shares outstanding, of which the float is 314.7m shares. Trading volume reached 2,210,313 shares compared to its average volume of 1,604,560 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, WEC Energy Group shares returned 2.74% and in the past 30 trading days it returned 8.72%. Over three months, it changed 6.73%. In one year it has changed 26.68% and within that year its 52-week high was 75.48 and its 52-week low was 58.48. WEC stock is 28.30% above its 52 Week Low.

Our calculations show a 200 day moving average of 66.63 and a 50 day moving average of 71.44. Currently WEC stock is trading 12.61% above its 200 day moving average.

SeekingAlpha:  Notable earnings before Tuesday’s open

Earnings:

The last annual fiscal EPS for the company was reported at 3.79 that ended on 31st of December 2017, which according to the previous close, that is a PE of 19.80. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.64. The TTM EPS is 3.41, which comes to a TTM PE of 22.00. Historically, the PE high was 28.10 and the PE low was 15.40. If the stock reached its PE low, that would represent a price of 52.52, which is a decrease of -30.00%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.74
06-30-2018:  0.73
03-31-2018:  1.23
12-31-2017:  0.71

The dividend per share is currently 2.36, which is a dividend yield of 3.15%.

Indicators to Watch:

Based on the latest filings, there is 0.30% of insider ownership and 114.60% of institutional ownership. Short-interest is 9,688,990, which is 3.07% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.96. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.15

SeekingAlpha:  Notable earnings before Tuesday’s open

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.52%, return on assets is 4.05%, profit margin is 15.26%, price-to-sales is 4.21 and price-to-book is 2.40.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.