Wec Energy Group, Inc. (WEC), whose headquarters are in Milwaukee, Wisconsin, is one of the main energy suppliers in the United States, offering electricity, natural gas and renewable energies to millions of customers through Midwest. The company operates through the large segments of Wisconsin, Illinois, other states, electrical transmission and unused energy infrastructure. The company has a market capitalization of $ 35.39 billion.
In the past 52 weeks, WEC Energy’s shares have increased by 22.9%, modestly exceeding 19% gains published by the wider S&P 500 index ($ SPX) during the same period. WEC Energy’s shares have increased by 16.9% since the start of the year (YTD), while the S&P 500 index has won almost 10%.
Distributing our objective of the company sector, we see that the action has also surpassed the SPDR Fund (XLU) of the public services sector, which earned 16.6% in the last 52 weeks and 14.2% YTD.
A favorable macroeconomic environment, characterized by higher infrastructure expenses and an increase in electricity prices, probably benefited the company. After reporting financial results better than expected in the second quarter on July 30, the title ended three consecutive negotiation sessions in Green and reached a higher 52 weeks of $ 111.90 on August 5.
The WEC Energy Topline increased 13.4% in annual sliding to $ 2.01 billion. According to CEO Scott Lauber, the solid district was motivated by a hot start of the summer season, an effective execution of the capital plan and the operational efficiency gains. Its BPA increased by 13.4% in annual sliding to $ 0.76, exceeding the figure of $ 0.71 expected by analysts of Wall Street.
For the current year, ending in December 2025, Wall Street analysts expected growth of 7.2% in annual sliding in its BPA at $ 5.23 on a diluted basis. The company has a mixed history of exceeding consensus estimates, to exceed them in three of the four quarters of flight and to miss them on an occasion.
Among the 15 Wall Street analysts covering WEC Energy’s actions, consensus is a “take”. This is based on four “strong purchases” notes, 10 “Hold” ratings and a “strong sale” note.
The configuration of the notes is more downward than it was two months ago, with the addition of a “strong sale” side, and the overall note has gone from a “moderate purchase” to “maintenance”.
