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Here's Why Eversource Energy (ES) is a Strong Momentum Stock
ZACKS· 2025-07-25 14:50
Group 1: Zacks Style Scores Overview - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks with the best chances of outperforming the market over the next 30 days [2][3] - Each stock is assigned a rating from A to F, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [3][4][6] Group 2: Value Score - The Value Score focuses on identifying undervalued stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Group 3: Growth Score - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow to find those with sustainable growth potential [4] Group 4: Momentum Score - The Momentum Score assesses stocks based on price trends and earnings outlook changes, helping investors identify favorable buying opportunities [5] Group 5: VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [6] Group 6: Zacks Rank - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to guide investors in portfolio creation, with 1 (Strong Buy) stocks historically producing an average annual return of +23.62% since 1988 [7] - There are over 800 top-rated stocks available, including more than 200 with a Strong Buy rank [8] Group 7: Stock Example - Eversource Energy - Eversource Energy, trading under the ticker symbol "ES," is involved in energy delivery, transmitting and delivering electricity and natural gas in Connecticut, New Hampshire, and Massachusetts [11] - Currently rated 3 (Hold) on the Zacks Rank, Eversource has a VGM Score of B and a Momentum Style Score of A, with shares up 5% over the past four weeks [12] - Analysts have revised earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing to $4.73 per share, and the company has an average earnings surprise of +2.7% [12][13]
CEG vs. AEP: Which Utility Is Best Positioned for Long-Term Growth?
ZACKS· 2025-07-25 13:41
Industry Overview - The demand for clean electricity is increasing sharply due to factors such as the rise of AI-powered data centers, urbanization, industrial growth, higher global temperatures necessitating air conditioning, and the growing popularity of electric vehicles [1] Nuclear Power Advantages - Nuclear power plants require significantly less land compared to other clean energy sources to generate the same amount of electricity [2] - Nuclear energy is unique in its systematic management and safe storage of waste, unlike other conventional energy sources [2] - Nuclear power plants have a high-capacity factor, providing carbon-free electricity and a continuous power supply even during extreme weather [3] - Production tax credits help offset the high upfront costs of constructing nuclear power plants, enhancing their competitiveness against alternative energy sources [3] Investment Opportunities - Utility stocks such as Constellation Energy Corporation (CEG) and American Electric Power (AEP) are becoming attractive investment options due to the increasing importance of clean energy [4] Constellation Energy (CEG) - CEG is the largest nuclear power operator in the U.S., generating 10% of the nation's carbon-free energy and powering over 16 million homes and businesses with nearly 90% carbon-free annual output [5][6] - CEG operates 12 nuclear facilities with a capacity of approximately 22,000 MW, positioning it well to meet the demand from power-intensive industries [6] American Electric Power (AEP) - AEP operates the Donald C. Cook Nuclear Plant and is involved in the construction of Vogtle Units 3 and 4, the newest reactors in the U.S. [7] - AEP is exploring Small Modular Reactors (SMRs) as a flexible energy resource to meet growing energy demands [7] - AEP plans to invest $54 billion through 2029, focusing on grid upgrades and future nuclear projects [10][13] Financial Performance and Estimates - The Zacks Consensus Estimate for CEG's earnings per share (EPS) for 2025 and 2026 has remained unchanged and increased by 0.87%, respectively, in the past 60 days [9] - AEP's EPS estimates for 2025 and 2026 have increased by 0.17% and 0.32%, respectively, in the same period [12] Strategic Investment Plans - CEG plans capital expenditures of nearly $3 billion and $3.5 billion for 2025 and 2026, with 35% allocated for nuclear fuel acquisition [10][13] - AEP aims to invest approximately $25.4 billion in its transmission and distribution business during the same period, with $0.5 billion planned for nuclear generation [13] Return on Equity and Dividend Yield - CEG has a return on equity (ROE) of 21.93%, while AEP's ROE is 11.68% [14] - CEG's current dividend yield is 0.48%, compared to AEP's 3.41% [15] Conclusion - Both CEG and AEP present significant growth opportunities in the energy sector, with AEP currently favored due to its better earnings growth and dividend yield [16][17]
X @Bloomberg
Bloomberg· 2025-07-25 10:07
China has started construction of the world’s biggest hydroelectric dam in Tibet that would cost around $167 billion.@SStapczynski explains the sheer scale of the project and why it's got countries like India and Bangladesh concerned https://t.co/jmCDDeScOP https://t.co/H3qEReYqZ5 ...
7月25日早间新闻精选
news flash· 2025-07-25 00:02
Group 1 - The State Council's General Office announced that Premier Li Qiang will attend the opening ceremony of the 2025 World Artificial Intelligence Conference in Shanghai on July 26 [1] - The State-owned Assets Supervision and Administration Commission held a seminar from July 23 to 24, emphasizing the need to optimize the allocation of state-owned assets and resist "involution" competition [1] - The National Development and Reform Commission and the State Administration for Market Regulation are soliciting opinions on the draft amendment to the Price Law, aiming to improve standards for identifying low-price dumping and regulate market pricing order [1] Group 2 - As of June 30, 2025, the total scale of public funds in China reached 34.39 trillion yuan, marking a historical high since early 2024, while money market funds saw a decline of over 160 billion yuan [2] - The second batch of 12 floating fee funds has been approved and will be launched successively [2] - The U.S. has imposed counter-tariffs totaling 93 billion euros on American products, which will take effect on August 7 if no trade agreement is reached with the U.S. [2] Group 3 - Yuanli Co. announced plans to acquire 100% equity of Tongsheng Co., and its stock has resumed trading [3] - Hengtong Optic-Electric won a marine energy project worth 1.509 billion yuan [3] - China Gold Group's Inner Mongolia Mining Co. has suspended production, and the company will promote follow-up work [3] Group 4 - Intel reported second-quarter revenue of $12.86 billion, a year-on-year increase of 0.2%, with a net loss of $2.92 billion compared to a loss of $1.61 billion in the same period last year [4] - OpenAI plans to release its flagship model GPT-5 as early as early August, along with mini and nano versions [4] - The European Central Bank maintained its main refinancing rate at 2.15%, the deposit facility rate at 2%, and the marginal lending rate at 2.4%, all in line with market expectations [4]
IdaCorp (IDA) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-07-24 15:08
Core Viewpoint - IdaCorp (IDA) is anticipated to report flat earnings of $1.71 per share for the quarter ended June 2025, with revenues expected to reach $453.36 million, reflecting a 0.5% increase from the previous year [3][12]. Earnings Expectations - The upcoming earnings report is scheduled for July 31, and the stock may experience upward movement if the reported figures exceed expectations, while a miss could lead to a decline [2][12]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. Earnings Surprise Prediction - The Most Accurate Estimate for IdaCorp is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.34%, suggesting a likelihood of beating the consensus EPS estimate [12]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. Historical Performance - In the last reported quarter, IdaCorp had an earnings surprise of +6.80%, reporting $1.10 per share against an expectation of $1.03 [13]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [14]. Investment Considerations - While an earnings beat can influence stock movement, other factors may also play a significant role in determining stock performance post-earnings release [15]. - Investors are encouraged to consider both Earnings ESP and Zacks Rank when evaluating potential investment opportunities ahead of earnings announcements [16].
NextEra Energy's Q2 Earnings Surpass, Revenues Lag Estimates
ZACKS· 2025-07-23 16:41
Core Insights - NextEra Energy, Inc. (NEE) reported second-quarter 2025 adjusted earnings of $1.05 per share, exceeding the Zacks Consensus Estimate of $1.02 by 2.9% and reflecting a year-over-year increase of 9.4% [1][9] - Total revenues for the quarter were $6.7 billion, which fell short of the Zacks Consensus Estimate of $7.22 billion by 7.28%, but showed a year-over-year improvement of 10.4% [2][9] Segment Performance - Florida Power & Light Company generated revenues of approximately $4.71 billion, up 7.1% from $4.38 billion in the prior year, with earnings of 62 cents per share compared to 60 cents in the same quarter last year [3] - NextEra Energy Resources reported revenues of $1.91 billion, a 16.4% increase from $1.64 billion year-over-year, with earnings of 53 cents per share compared to 42 cents in the previous year [3] - Corporate and Other segment had operating revenues of $78 million, up from $35 million in the year-ago period, but reported an operating loss of 10 cents per share, wider than the previous year's loss of 6 cents [4] Financial Highlights - Cash and cash equivalents stood at nearly $1.72 billion as of June 30, 2025, an increase from $1.49 billion on December 31, 2024 [8] - Long-term debt rose to $82.7 billion as of June 30, 2025, up from $72.4 billion at the end of 2024 [8] - Cash flow from operating activities in the first half of 2025 was $5.95 billion, down from $7.10 billion in the first half of 2024 [10] Growth and Guidance - NEE reaffirmed its 2025 earnings guidance, expecting earnings per share in the range of $3.45-$3.70, with a midpoint of $3.575, which is lower than the Zacks Consensus Estimate of $3.68 [11] - The company anticipates adjusted earnings per share for 2026 and 2027 to be in the range of $3.63 to $4.00 and $3.85 to $4.32, respectively, with expected earnings growth of approximately 6-8% through at least 2027 [11] - NextEra Energy Resources aims to add 36,500-46,500 MW of renewable power projects to its portfolio from 2024 to 2027 [12] Operational Developments - Florida Power & Light Company's growth was driven by ongoing business investments, with capital expenditures of around $2 billion during the quarter and full-year capital investments projected between $8 billion and $8.8 billion [5] - NextEra Energy Resources added 3.2 gigawatts to its renewables backlog, bringing the total backlog to nearly 30 gigawatts after accounting for over 1.1 gigawatts of new projects placed into service since the first quarter of 2025 [7][9]
WEC Energy Group to announce 2025 second-quarter results July 30
Prnewswire· 2025-07-23 16:00
Core Points - WEC Energy Group Inc. will release its 2025 second-quarter earnings before the stock market opens on July 30, 2025 [1] - A conference call for investors and analysts is scheduled for the same day at 1 p.m. Central time [1] - Detailed financial information will be available on the company's website by 6:30 a.m. Central time on July 30 [1] Company Overview - WEC Energy Group is based in Milwaukee and serves 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota [2] - The company's principal utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources [3] - WEC Infrastructure LLC owns a fleet of renewable generation facilities in various states, including South Dakota and Texas [3] Financial Information - WEC Energy Group is a Fortune 500 company and a component of the S&P 500 [4] - The company has approximately 33,000 stockholders of record and 7,000 employees [4] - WEC Energy Group has more than $48 billion in assets [4]
Here's Why Eversource Energy (ES) is a Strong Growth Stock
ZACKS· 2025-07-23 14:45
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]. Zacks Rank and Style Scores - Eversource Energy is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid position in the market [12]. - The company has a Growth Style Score of B, forecasting a year-over-year earnings growth of 3.5% for the current fiscal year [12]. - Two analysts have revised their earnings estimates upwards in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing to $4.73 per share [12]. Investment Potential - Eversource Energy's average earnings surprise stands at +2.7%, suggesting a potential for positive performance [12]. - With a strong Zacks Rank and favorable Growth and VGM Style Scores, Eversource Energy is recommended as a potential investment opportunity for growth investors [13].
NextEra (NEE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-23 14:30
Core Insights - NextEra Energy reported $6.7 billion in revenue for the quarter ended June 2025, a year-over-year increase of 10.4%, with an EPS of $1.05 compared to $0.96 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $7.23 billion, resulting in a surprise of -7.28%, while the EPS exceeded the consensus estimate of $1.02 by +2.94% [1] Financial Performance Metrics - NextEra Energy Resources (NEER) reported operating revenues of $1.91 billion, significantly below the estimated $2.77 billion, but reflecting a year-over-year increase of +16.4% [4] - Florida Power & Light (FPL) achieved operating revenues of $4.71 billion, surpassing the average estimate of $4.44 billion, with a year-over-year change of +7.3% [4] - Operating income for FPL was reported at $1.72 billion, below the average estimate of $1.86 billion, while NEER's operating income was $260 million, compared to the estimate of $1.13 billion [4] - The Corporate & Other segment reported an operating loss of $66 million, worse than the average estimate of a $46 million loss [4] Stock Performance - Over the past month, NextEra's shares have returned +8.6%, outperforming the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Entergy to report second quarter 2025 financial results on July 30
Prnewswire· 2025-07-23 14:13
NEW ORLEANS, July 23, 2025 /PRNewswire/ -- Entergy will report its second quarter 2025 financial results before the market opens Wednesday, July 30.Drew Marsh, chair and chief executive officer, and Kimberly Fontan, executive vice president and chief financial officer, invite you to listen to a live webcast discussion of Entergy's quarterly business update and financial results at 10 a.m. Central time that day. The webcast may be accessed by visiting Entergy's website at investors.entergy.com or by dialing ...