Steady And Reliable Stocks: WEC Energy Group, Inc. (WEC), Extra Space Storage Inc. (EXR)

3 analysts out of 14 Wall Street brokerage firms rate WEC Energy Group, Inc. (NYSE:WEC) as a Buy, while 2 see it as a Sell. The rest 9 describe it as a Hold. WEC stock traded higher to an intra-day high of $83.88. At one point in session, its potential discontinued and the price was down to lows at $82.96. Analysts have set WEC’s consensus price at $77.33, effectively giving it a -7.51% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $91 (up 8.84% from current price levels). WEC has a 11.1% ROE, lower than the 17.09% average for the industry. The average ROE for the sector is 11.86%.

It is expected that in Jun 2019 quarter WEC will have an EPS of $0.75, suggesting a 2.74% growth. For Sep 2019 is projected at $0.78. It means that there could be a 5.41% growth in the quarter. Yearly earnings are expected to rise by 5.09% to about $3.51. As for the coming year, growth will be about 7.12%, lifting earnings to $3.76. RSI after the last trading period was 64.14. WEC recorded a change of 0.04% over the past week and returned 7.72% over the last three months while the WEC stock’s monthly performance revealed a shift in price of 5.14%. The year to date (YTD) performance stands at 20.72%, and the bi-yearly performance specified an activity trend of 11.64% while the shares have moved 40.92% for the past 12 months.

WEC Energy Group, Inc. (WEC) currently trades at $83.61, which is higher by 0.3% its previous price. It has a total of 317.8 million outstanding shares, with an ATR of around 1.22. The company’s stock volume dropped to 1.24 million, worse than 1.6 million that represents its 50-day average. A 5-day increase of about 0.04% in its price means WEC is now 20.72% higher on year-to-date. The shares have surrendered $43181.39 since its $84.55 52-week high price recorded on 7th of June 2019. Overall, it has seen a growth rate of 40.92 over the last 12 months. The current price per share is $24.61 above the 52 week low of $59.00 set on 14th of June 2018.

WEC Energy Group, Inc. (NYSE:WEC)’s EPS was $1.33 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $1.23. That means that its growth in general now stands at 8%. Therefore, a prediction of $1.25 given by the analysts brought a positive surprise of 6%. WEC March quarter revenue was $2.38 billion, compared to $2.29 billion recorded in same quarter last year, giving it a 4% growth rate. The company’s $0.09 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Extra Space Storage Inc. (NYSE:EXR) shares depreciated -0.72% over the last trading period, taking overall 5-day performance up to -0.79%. EXR’s price now at $108.05 is greater than the 50-day average of $104.68. Getting the trading period increased to 200 days, the stock price was seen at $95.86 on average. The general public currently hold control of a total of 123.46 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 126.79 million. The company’s management holds a total of 1.5%, while institutional investors hold about 0% of the remaining shares. EXR share price finished last trade 0.86% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 12.8%, while closing the session with 3.34% distance from 50 day simple moving average.

Extra Space Storage Inc. (EXR) shares were last observed trading -2.47% down since June 07, 2019 when the peak of $110.79 was hit. Last month’s price growth of 1.33% puts EXR performance for the year now at 19.42%. Consequently, the shares price is trending higher by 29.09%, a 52-week worst price since Oct. 04, 2018. However, it is regaining value with 9.91% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $107.12 and $107.59. The immediate resistance area is now $108.48 Williams’s %R (14) for EXR moved to 40 while the stochastic %K points at 68.95.

EXR’s beta is 0.28; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $3.11 per share from its yearly profit to its outstanding shares. Its last reported revenue is $311.55 million, which was 26% versus $247.89 million in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $1.16 compared to $1.09 in the year-ago quarter and had represented 6% year-over-year earnings per share growth. EXR’s ROA is 0%, lower than the 6.85% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 2.82%.

Estimated quarterly earnings for Extra Space Storage Inc. (NYSE:EXR) are around $1.19 per share in three months through June with $1.23 also the estimate for September quarter of the fiscal year. It means the growth is estimated at 3.48% and 2.5%, respectively. Analysts estimate full-year growth to be 3%, the target being $4.81 a share. The upcoming year will see an increase in growth by percentage to 4.57%, more likely to see it hit the $5.03 per share. The firm’s current profit margin over the past 12 months is 0%. EXR ranks lower in comparison to an average of 20.14% for industry peers; while the average for the sector is 32.42%.