WEC Energy Group Inc (WEC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 27, 2020
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WEC Energy Group Inc (WEC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. WEC Energy Group Inc operates electric and gas utility businesses in various states across the US. The firm is primarily engaged in the generation of electricity, gas distribution, and electric transmission. WEC Energy Group Inc has a market cap of $31.28 billion; its shares were traded at around $99.17 with a P/E ratio of 27.71 and P/S ratio of 4.17. The dividend yield of WEC Energy Group Inc stocks is 2.41%. WEC Energy Group Inc had annual average EBITDA growth of 6.30% over the past ten years. GuruFocus rated WEC Energy Group Inc the business predictability rank of 4-star. GuruFocus has detected 2 severe warning signs with WEC Energy Group Inc. .

For the last quarter WEC Energy Group Inc reported a revenue of $1.9 billion, compared with the revenue of $2.1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $7.5 billion, a decrease of 2% from the previous year. For the complete 30-year financial data, please go here.. For the last five years WEC Energy Group Inc had an average revenue growth rate of 8.5% a year.

The reported diluted earnings per share was $3.58 for the year, an increase of 7.2% from previous year. Over the last five years WEC Energy Group Inc had an EPS growth rate of 8.7% a year. The WEC Energy Group Inc enjoyed an operating margin of 20.36%, compared with the operating margin of 19.12% a year before. The 10-year historical median operating margin of WEC Energy Group Inc is 21.68%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, WEC Energy Group Inc has the cash and cash equivalents of $37.5 million, compared with $84.5 million in the previous year. The long term debt was $11.2 billion, compared with $10 billion in the previous year. The interest coverage to the debt is 3.1. WEC Energy Group Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $99.17, WEC Energy Group Inc is traded at 85.6% premium to its historical median P/S valuation band of $53.44. The P/S ratio of the stock is 4.17, while the historical median P/S ratio is 2.25. The intrinsic value of the stock is $45.81 a share, according to GuruFocus DCF Calculator. The stock gained 36.31% during the past 12 months.

Directors and Officers Recent Trades:

  • Exec Vice President - Ext Affs Robert M Garvin sold 33,910 shares of WEC stock on 02/19/2020 at the average price of $102.58. The price of the stock has decreased by 3.32% since.
  • Executive Chairman Gale E Klappa sold 10,000 shares of WEC stock on 02/12/2020 at the average price of $100.61. The price of the stock has decreased by 1.43% since.
  • Executive Chairman Gale E Klappa sold 90,300 shares of WEC stock on 02/04/2020 at the average price of $100.61. The price of the stock has decreased by 1.43% since.

For the complete 20-year historical financial data of WEC, click here.