WEC Energy stock: buy or sell?
May 28th, 2020
WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other segments.
Should I buy WEC Energy stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with WEC Energy stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is WEC Energy stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for WEC stock for the last month.
WEC Energy stock analysis
WEC Energy shares climbed 3.57% to $88.97 today.
WEC Energy climbed a wonderful 3.57% and closed at $88.97. Since April 30th when WEC stock price broke down the SMA200d line, it slid $-3.65 per share (-3.94%). On March, WEC hit a new all time high, pushing higher than on March tops. Check different trading setups that use ATHs as triggers.
Shares of WEC Energy jumped a great 3.29% this week. Early April WEC climbed an extraordinary 13.20% in just one week. Late April WEC collapsed a hair-raising -6.00% in just one week.
Weekly chart tells us that price is in a simple uptrend, tested $81.49 level and now climbing back aiming its last top at $100.25. Not so far away is the last all-time high WEC Energy marked by mid March, but since then it dropped a 18.16%. Since price and 40-weeks moving average lines crossed down late April, WEC fell $-4.10 per share (-4.41%). Stocks below the 200 days moving average line are usually not recommended for average traders.
WEC Energy stock price history
WEC Energy IPO was on March 17th, 1980 at $0.00 per share1. Since then, WEC stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in WEC Energy stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
WEC Energy stock historical price chart
WEC stock reached all-time highs on March with a price of $108.71.
WEC Energy stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' WEC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for WEC Energy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, WEC Energy matched the forecasts of the experts and reported an EPS of $0.65 per share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, WEC Energy annual turnover remained constant a neutral 0.41% to $7,679.50 M USD from $7,648.50 marked in 2017. When comparing 2018 vs 2017, slightly worse, profit margin (that is, the net income divided by revenues) slightly fell a -1.94% to 13.81%.
|2013||$4,520 M||-||$577 M12.8%||-|
|2014||$4,997 M||10.56%||$588 M11.8%||1.89%|
|2015||$5,926 M||18.59%||$640 M10.8%||8.84%|
|2016||$7,472 M||26.09%||$940 M12.6%||46.84%|
|2017||$7,649 M||2.36%||$1,205 M15.8%||28.15%|
|2018||$7,680 M||0.41%||$1,061 M13.8%||-11.98%|
Quarterly financial resultsWEC Energy posted $2,076.80 million in revenues for 2018-Q4, a 26.35% up compared to previous quarter. Reported quarter income marked $205.30 M with a profit margin of 9.89%. Profit margin depreciated a -4.32% compared to previous quarter when profit margin was 14.21%. When comparing revenues to same quarter last year, WEC Energy sales marked a slightly fine gain and inched a 1.06%.
|2017-Q2||$1,630 M||-||$199 M12.2%||-|
|2017-Q3||$1,658 M||1.69%||$216 M13.0%||8.17%|
|2017-Q4||$2,055 M||23.98%||$433 M21.1%||100.70%|
|2018-Q1||$2,287 M||11.27%||$390 M17.1%||-9.82%|
|2018-Q2||$1,673 M||-26.85%||$231 M13.8%||-40.75%|
|2018-Q3||$1,644 M||-1.72%||$234 M14.2%||0.95%|
|2018-Q4||$2,077 M||26.35%||$205 M9.9%||-12.08%|
|2019-Q1||$2,377 M||14.47%||$420 M17.7%||104.77%|
WEC Energy ownershipChecking WEC Energy ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.
WEC Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.17% of all shares.
In case of WEC Energy stock, 77.62% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WEC stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to WEC Energy:
|Market cap||$28.1 B|
|Total shares||315.4 M|
|Float shares||314.7 M|
|- Institutional holdings (%)||77.6%|
|- Insider holdings (%)||0.2%|
|Shares in short selling||0.0%|
WEC Energy summary
|Thursday, May 28th, 2020|
|Day range||$86.90 - $89.33|
|Average true range||$2.35|
|50d mov avg||$88.71|
|100d mov avg||$93.07|
|200d mov avg||$91.64|
WEC Energy performanceTo better understand WEC Energy performance you must compare its gains with other related stocks in same sector or industry. For WEC Energy, the comparison is made against .