WEC Energy Group Inc. (WEC): Check-out its Performance


WEC Energy Group Inc. (NYSE:WEC) changes shares on Tuesday trading session, with a change of 1.57% or $1.47 shares. The trading starts at $93.48 and closed at $93.64 throughout the day. The trading session low price was $92.065 and day high was $96.13 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 1.67 million while its average volume is 1.61M. In other hand, the WEC market cap reached to $29.98B. While, its current target price is $90.00.

On December 3, 2019, CORRECTED-BRIEF-Wisconsin Electric Power Files Prospectus Supplement Related To A Potential Debentures Offering. According to the news reported on Reuters, * WISCONSIN ELECTRIC POWER CO FILES PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL DEBENTURES OFFERING; SIZE NOT DISCLOSED – SEC FILING

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.56% and up 5.75% for month. Its quarterly performance was 6.17% above, while its half year performance is down -4.55%. WEC yearly performance stood at positive 9.28% and rise 3.12% for year-to-date. Current recommendation for WEC Energy Group Inc. is 3.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. WEC EPS (TTM) for 12-month is 3.68. EPS for this year is 7.10%, while for the next year its value is 3.99. Sales growth for the current quarter is 4.33 while its EPS Q/Q reached 7.70%. It has an EPS of 6.70% up for past five years and for the next five years will be up 5.96%.

Let’s take a look on the analyst recommendations on WEC for the current month and previous month. For the current month, 2 of 14 analysts recommend stock as Buy while 4 as Sell, 0 as overweight, 2 as underweight and 6 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $77.00 – $104.00. Average target price for WEC was reached at $90.83.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in WEC Energy Group Inc. (WEC) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 41.36 million shares which valued 3.65 billion. On Mar 30, 2020, Blackrock Inc. owned 28.63 million shares which valued at 2.52 billion. On Mar 30, 2020, State Street Corporation has a total of 18.08 million shares which valued at 1.59 billion. In the end, State Street Corporation have 5.73% shares outstanding of WEC Energy Group Inc. (WEC) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 75.50%.

The company posted an EPS (TTM) of 3.68. According to the most recent quarter report on (Sep 2020), 10 analysts estimated an average EPS of 0.76, while 0.74 EPS posted a year ago period. Analyst Estimated EPS for WEC published in the report was $0.65 – $0.82 during the same period. Comparing with last year, the average estimated EPS was 0.74 which is lower than 0.76 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for WEC rise 3.14% for period of 200 days. SMA for 50 days was 5.24% which is showing green signal, while SMA-20 was 4.31%. The moving average value for WEC Energy Group Inc. (WEC) is 92.85 and 90.13 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in WEC stock. On Jul 28, Matthews Charles R, President & CEO – PGL/NSG, sold 14,481 trading shares at the cost of $95.05, which valued at 1.38 million. On May 28, PAYNE ULICE JR, Director, sold 1,200 shares at the cost of $87.31, with total shares of 23,462. On Feb 26, Krueger Daniel, EVP WEC Infrastructure, sold 5,285 shares at the cost of 101.23. After this transaction, Krueger Daniel total shares reached to 4,393 which valued at 0.54 million.