Published on 15 Apr 2024 on Simply Wall St. via Yahoo Finance
Eversource Energy's (NYSE:ES) Intrinsic Value Is Potentially 43% Above Its Share Price
Key Insights
The projected fair value for Eversource Energy is US$84.02 based on Dividend Discount ModelEversource Energy's US$58.79 share price signals that it might be 30% undervaluedOur fair value estimate is 26% higher than Eversource Energy's analyst price target of US$66.94
Does the April share price for Eversource Energy (NYSE:ES) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. We will use the Discounted Cash Flow (DCF) model on this occasion. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.