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 (%) |
|---|---|---|---|---|
| 2023-02-23 | 9,597,400 | -4,358,900 | 55 | -8.33 |
| 2022-02-24 | 8,316,000 | -3,311,000 | 60 | -11.76 |
| 2021-02-25 | 7,241,700 | -2,319,500 | 68 | 6.25 |
| 2020-02-27 | 7,523,100 | -2,678,800 | 64 | 3.23 |
| 2019-02-26 | 7,679,500 | -2,897,900 | 62 | -1.59 |
| 2018-02-28 | 7,648,500 | -2,822,800 | 63 |
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.
