Discover the latest analyst ratings for WEC Energy Group WEC within the last quarter:

Discover the 12-month price targets set by 9 analysts for WEC Energy Group in the last quarter. The average target is $87.22, with a high estimate of $95.00 and a low estimate of $80.00.

Here's a brief overview of how 9 analysts have rated WEC Energy Group in the past 3 months. Positive sentiments are reflected in bullish ratings, while negative sentiments are indicated by bearish ratings.

This current average has decreased by 4.68% from the previous average price target of $91.50.

Investigating Analyst Ratings: An Elaborate Study

Take a deep dive into the evaluations of financial experts and analysts as we dissect their recent assessments for WEC Energy Group. The Ratings Table below offers an extensive overview of the decisions taken by prominent analysts, their current ratings, and price targets. Offer crucial insights into emerging market trends and investor sentiment by understanding how these experts perceive the company.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to WEC Energy Group. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of WEC Energy Group compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of WEC Energy Group's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of WEC Energy Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on WEC Energy Group analyst ratings.

Delving into WEC Energy Group's Background

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable energy.

Financial Insights: WEC Energy Group

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Decline in Revenue: Over the 3 months period, WEC Energy Group faced challenges, resulting in a decline of approximately -2.28% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Utilities sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: WEC Energy Group's net margin is impressive, surpassing industry averages. With a net margin of 16.14%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): WEC Energy Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.7% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): WEC Energy Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.73%, the company showcases efficient use of assets and strong financial health.

Debt Management: WEC Energy Group's debt-to-equity ratio is below the industry average at 1.55, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.