Here's Why Eversource Energy (ES) is a Strong Value Stock

Company Overview - Eversource Energy, previously known as Northeast Utilities, operates in the energy delivery sector, providing electricity and natural gas to residential, commercial, and industrial customers in Connecticut, New Hampshire, and Massachusetts [11]. Stock Performance - Eversource Energy is currently rated as 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid performance [12]. - The company has a Value Style Score of B, supported by attractive valuation metrics, including a forward P/E ratio of 13.74, which may appeal to value investors [12]. Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates upwards for Eversource Energy, with the Zacks Consensus Estimate increasing to $4.73 per share [12]. - The company has demonstrated an average earnings surprise of +2.9%, suggesting a positive trend in earnings performance [12]. Investment Consideration - With a strong Zacks Rank and favorable Value and VGM Style Scores, Eversource Energy is recommended for investors' consideration [13].