NYSE:ESElectric Utilities
Eversource Energy (ES): Assessing Valuation After a Strong Year and Recent Pullback
Eversource Energy (ES) has quietly outperformed many utilities this year, with the stock up about 17% year to date and roughly 24% over the past year, despite some recent pullback.
See our latest analysis for Eversource Energy.
That recent pullback, including a modest 1 day share price return of about negative 1.2 percent, comes after a strong year to date share price run that has driven a solid 1 year total shareholder return. This suggests that momentum is pausing rather than breaking.
If...