The stock of Public Service Enterprise Group Inc (PEG) has gone down by -7.74% for the week, with a -9.35% drop in the past month and a 6.38% rise in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are 1.77% for PEG. The simple moving average for the past 20 days is -6.38% for PEG’s stock, with a 12.97% 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 25.27x, which is above its average ratio. Moreover, the 36-month beta value for PEG is 0.64. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for PEG is 497.56M and currently, short sellers hold a 1.08% of that float. On November 04, 2024, PEG’s average trading volume was 2.63M shares.
PEG) stock’s latest price update
The stock of Public Service Enterprise Group Inc (NYSE: PEG) has decreased by -4.45 when compared to last closing price of 87.31.Despite this, the company has seen a loss of -7.74% in its stock price over the last five trading days. zacks.com reported 2024-11-04 that PSEG (PEG) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.85 per share a year ago.
Analysts’ Opinion of PEG
Many brokerage firms have already submitted their reports for PEG stocks, with Jefferies repeating the rating for PEG by listing it as a “Hold.” The predicted price for PEG in the upcoming period, according to Jefferies is $85 based on the research report published on September 13, 2024 of the current year 2024.
Guggenheim, on the other hand, stated in their research note that they expect to see PEG reach a price target of $82. The rating they have provided for PEG stocks is “Buy” according to the report published on June 17th, 2024.
Guggenheim gave a rating of “Neutral” to PEG, setting the target price at $61 in the report published on January 22nd of the current year.
PEG Trading at -3.59% 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 -9.52% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares sank -7.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.54% upper at present.
During the last 5 trading sessions, PEG fell by -8.10%, which changed the moving average for the period of 200-days by +41.92% in comparison to the 20-day moving average, which settled at $89.10. In addition, Public Service Enterprise Group Inc saw 36.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PEG starting from Linde Tamara Louise, who sale 9,564 shares at the price of $90.61 back on Oct 09 ’24. After this action, Linde Tamara Louise now owns 48,397 shares of Public Service Enterprise Group Inc, valued at $866,594 using the latest closing price.
Linde Tamara Louise, the Officer of Public Service Enterprise Group Inc, proposed sale 9,564 shares at $90.61 during a trade that took place back on Oct 09 ’24, which means that Linde Tamara Louise is holding shares at $866,594 based on the most recent closing price.
Stock Fundamentals for PEG
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.32 for the gross margin
The net margin for Public Service Enterprise Group Inc stands at 0.16. The total capital return value is set at 0.05. Equity return is now at value 10.69, with 3.24 for asset returns.
Based on Public Service Enterprise Group Inc (PEG), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.35. The interest coverage ratio of the stock is 3.06.
Currently, EBITDA for the company is 4.91 billion with net debt to EBITDA at 6.27. When we switch over and look at the enterprise to sales, we see a ratio of 6.25. The receivables turnover for the company is 6.07for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.
Conclusion
To wrap up, the performance of Public Service Enterprise Group Inc (PEG) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
