The stock of Public Service Enterprise Group Inc. (PEG) has gone up by 4.35% for the week, with a 7.94% rise in the past month and a 6.58% rise in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are 1.83% for PEG.. The simple moving average for the past 20 days is 3.49% for PEG’s stock, with a 4.47% simple moving average for the past 200 days.
Is It Worth Investing in Public Service Enterprise Group Inc. (NYSE: PEG) Right Now?
The price-to-earnings ratio for Public Service Enterprise Group Inc. (NYSE: PEG) is above average at 11.41x. The 36-month beta value for PEG is also noteworthy at 0.61. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for PEG is $65.33, which is $1.32 above than the current price. The public float for PEG is 497.69M, and at present, short sellers hold a 1.93% of that float. The average trading volume of PEG on November 21, 2023 was 2.61M shares.
PEG) stock’s latest price update
Public Service Enterprise Group Inc. (NYSE: PEG) has experienced a rise in its stock price by 0.41 compared to its previous closing price of 63.75. However, the company has seen a gain of 4.35% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-03 that AES’ Q3 revenues of $3,434 million decline 5.3% year over year due to lower regulated as well as non-regulated revenues.
Analysts’ Opinion of PEG
Many brokerage firms have already submitted their reports for PEG stocks, with Barclays repeating the rating for PEG by listing it as a “Overweight.” The predicted price for PEG in the upcoming period, according to Barclays is $64 based on the research report published on August 23, 2023 of the current year 2023.
PEG Trading at 6.09% from the 50-Day Moving Average
After a stumble in the market that brought PEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.21% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares surge +8.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.28% upper at present.
During the last 5 trading sessions, PEG rose by +4.35%, which changed the moving average for the period of 200-days by +5.19% in comparison to the 20-day moving average, which settled at $62.10. In addition, Public Service Enterprise Group Inc. saw 4.47% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PEG starting from LaRossa Ralph A, who sale 4,122 shares at the price of $63.00 back on Nov 02. After this action, LaRossa Ralph A now owns 112,076 shares of Public Service Enterprise Group Inc., valued at $259,706 using the latest closing price.
Chernick Rose M, the Vice President and Controller of Public Service Enterprise Group Inc., sale 200 shares at $58.44 during a trade that took place back on Oct 23, which means that Chernick Rose M is holding 31,882 shares at $11,688 based on the most recent closing price.
Stock Fundamentals for PEG
Current profitability levels for the company are sitting at:
- +28.14 for the present operating margin
- +28.14 for the gross margin
The net margin for Public Service Enterprise Group Inc. stands at +8.93. The total capital return value is set at 9.51, while invested capital returns managed to touch 3.42. Equity return is now at value 19.74, with 5.77 for asset returns.
Based on Public Service Enterprise Group Inc. (PEG), the company’s capital structure generated 149.17 points at debt to equity in total, while total debt to capital is 59.87. Total debt to assets is 42.04, with long-term debt to equity ratio resting at 121.38. Finally, the long-term debt to capital ratio is 48.71.
When we switch over and look at the enterprise to sales, we see a ratio of 5.08, with the company’s debt to enterprise value settled at 0.40. The receivables turnover for the company is 5.21 and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.
In summary, Public Service Enterprise Group Inc. (PEG) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.