WEC Energy moved -1.0% this afternoon session, trading between a high of $85.485 and a low of $84.23 per share. Yesterday the stock finished at $85.23 per share, compared to an average analyst target price of $98.5.
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The large-cap power generation company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.5%. WEC Energy has trailing twelve months earnings per share (EPS) of 4.27, which at today's prices amounts to a price to earnings (P/E) ratio of 19.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 3.36. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
At 62.0%, WEC Energy's average gross margins are wider than the 35.4% average of its industry peer group, which suggests that the firm might have a competitive advantage.