WEC Energy Group Inc (WEC) Analysts See $0.58 EPS

July 18, 2017 - By Adrian Erickson

 WEC Energy Group Inc (WEC) Analysts See $0.58 EPS
Investors sentiment decreased to 0.4 in 2016 Q4. Its down 0.17, from 0.57 in 2016Q3. It fall, as 2 investors sold WEC Energy Group Inc shares while 3 reduced holdings. 0 funds opened positions while 2 raised stakes. 227,813 shares or 8.23% less from 248,236 shares in 2016Q3 were reported.
Ashford Cap Mgmt Inc reported 7,313 shares. Bruce And Company invested 0.37% in WEC Energy Group Inc (NYSE:WEC). Lmr Ptnrs Limited Liability Partnership has invested 0.1% in WEC Energy Group Inc (NYSE:WEC). Balasa Dinverno And Foltz Ltd Liability Corporation holds 0.06% or 6,227 shares. Moreover, West Oak Capital Ltd has 0% invested in WEC Energy Group Inc (NYSE:WEC) for 22,760 shares. Prudential Public Ltd Company invested 0% of its portfolio in WEC Energy Group Inc (NYSE:WEC). Fishman Jay A Limited Mi holds 0% or 9,105 shares in its portfolio. 6,194 were reported by Vantage Advisors Ltd Liability Company. North Star Asset Inc reported 4,152 shares. Gemmer Asset Limited Liability Company owns 159 shares. Gulf International Bancorp (Uk) holds 95,385 shares. Eqis holds 0.06% or 16,512 shares in its portfolio.

Since February 28, 2017, it had 0 buys, and 9 selling transactions for $17.26 million activity. BOWLES BARBARA L sold $95,875 worth of WEC Energy Group Inc (NYSE:WEC) on Wednesday, March 1. Shares for $2.47M were sold by KLAPPA GALE E. On Friday, May 5 the insider Schubilske James A. sold $262,226. On Monday, May 8 the insider Metcalfe Tom sold $486,451. Shares for $56,417 were sold by PAYNE ULICE JR. 6,650 shares were sold by Lauber Scott J, worth $408,975 on Monday, March 27.

Investors wait WEC Energy Group Inc (NYSE:WEC) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.58 earnings per share, up $0.01 or 1.75 % from last year’s $0.57 same quarter earnings. This translates into $184.26M profit for WEC giving the stock a 26.55 P/E. This is assuming the current $0.58 EPS is accurate. WEC Energy Group Inc’s Wall Street analysts see -48.21 % negative EPS growth, taking into account the $1.12 EPS reproted in the previous quarter, The stock increased 0.60% or $0.37 during the last trading session, reaching $61.6. About 1.18 million shares traded. WEC Energy Group Inc (NYSE:WEC) has risen 4.43% since July 18, 2016 and is uptrending. It has underperformed by 12.27% the S&P500.

WEC Energy Group Inc (NYSE:WEC) Ratings Coverage

Among 9 analysts covering Wisconsin Energy Corporation (NYSE:WEC), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Wisconsin Energy Corporation had 20 analyst reports since July 28, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, September 8 by Wells Fargo. The stock has “Buy” rating by Goldman Sachs on Tuesday, July 28. The company was upgraded on Monday, September 14 by Argus Research. The company was downgraded on Friday, February 5 by Deutsche Bank. Deutsche Bank upgraded WEC Energy Group Inc (NYSE:WEC) rating on Monday, December 14. Deutsche Bank has “Buy” rating and $56 target. The stock of WEC Energy Group Inc (NYSE:WEC) has “Buy” rating given on Tuesday, January 19 by Argus Research. Goldman Sachs downgraded the shares of WEC in report on Monday, June 26 to “Sell” rating. Mizuho maintained the stock with “Buy” rating in Friday, September 18 report. The stock of WEC Energy Group Inc (NYSE:WEC) has “Buy” rating given on Monday, February 8 by Mizuho. The rating was upgraded by UBS to “Neutral” on Monday, May 9.

WEC Energy Group, Inc. was a diversified holding firm with natural gas and electric utility operations, an approximately 60% equity ownership interest in American Transmission Company LLC, and non-utility electric activities through its We Power business, as of December 31, 2016. The company has market cap of $19.57 billion. The Company’s divisions include Wisconsin; Illinois; Other States; Electric Transmission; We Power, and Corporate and Other. It has a 20.57 P/E ratio. Wisconsin includes the electric and natural gas utility activities of Wisconsin Electric Power Company, Wisconsin Gas LLC, and Wisconsin Public Service Corporation, including WE’s and WPS’s electric and natural gas activities in the state of Michigan.

More news for WEC Energy Group Inc (NYSE:WEC) were recently published by: Seekingalpha.com, which released: “Time For Value? Focus On Utilities” on June 19, 2017. Gurufocus.com‘s article titled: “Clean Yield Group Buys Columbia Property Trust Inc, NTT DOCOMO Inc, Tractor …” and published on July 17, 2017 is yet another important article.

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