WEC Energy stock: buy or sell?

WEC stock price: $88.97 3.57% At close on May 28th, 2020

Updated on:
May 28th, 2020

2

WEC Energy closed today at $88.97 and climbed a wonderful 3.57%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

WEC stock chart (daily)

Weekly outlook

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 stock chart (weekly)

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 target

Predicting 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.
WEC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.63n/a
2017-Q32017-10-260.670.681.5%
2017-Q42018-01-310.680.714.4%
2018-Q12018-05-011.161.236.0%
2018-Q22018-07-310.660.7310.6%
2018-Q32018-10-310.710.744.2%
2018-Q42019-02-120.640.651.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%.

WEC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,520 M-$577 M12.8%-
2014$4,997 M10.56%$588 M11.8%1.89%
2015$5,926 M18.59%$640 M10.8%8.84%
2016$7,472 M26.09%$940 M12.6%46.84%
2017$7,649 M2.36%$1,205 M15.8%28.15%
2018$7,680 M0.41%$1,061 M13.8%-11.98%

Quarterly financial results

WEC 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%.
WEC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,630 M-$199 M12.2%-
2017-Q3$1,658 M1.69%$216 M13.0%8.17%
2017-Q4$2,055 M23.98%$433 M21.1%100.70%
2018-Q1$2,287 M11.27%$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 M26.35%$205 M9.9%-12.08%
2019-Q1$2,377 M14.47%$420 M17.7%104.77%

WEC Energy ownership

Checking 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:

WEC
Market cap$28.1 B
Total shares315.4 M
Float shares314.7 M
  - Institutional holdings (%)77.6%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

WEC Energy summary

Thursday, May 28th, 2020
Open$87.51
Close$88.97
Day range$86.90 - $89.33
Previous close$85.90
Session gain3.57%
Average true range$2.35
50d mov avg$88.71
100d mov avg$93.07
200d mov avg$91.64
Daily pattern
Weekly pattern lb01a

WEC Energy performance

To 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 .
Stock3m6m12m
WECWEC Energy-2.91%1.75%13.50%

WEC Energy competitors

Unfortunately, we could not find any public company that could be defined as WEC Energy competitor. This doesn't mean WEC Energy does not have any competitor in the market, it's just we could not detected it.