The price-to-earnings ratio for Public Service Enterprise Group Inc (NYSE: PEG) is 22.89x, 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 7 analysts rating it as a “buy,” 4 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PEG is 497.63M and currently, short sellers hold a 1.11% of that float. On November 26, 2024, PEG’s average trading volume was 2.61M shares.
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PEG) stock’s latest price update
Public Service Enterprise Group Inc (NYSE: PEG)’s stock price has gone rise by 0.67 in comparison to its previous close of 92.40, however, the company has experienced a 4.01% increase in its stock price over the last five trading days. zacks.com reported 2024-11-21 that Here are the five PEG-driven value stocks that fit our screening criteria – INGR, PFE, LDOS, LTM and BABA.
PEG’s Market Performance
PEG’s stock has risen by 4.01% in the past week, with a monthly rise of 3.78% and a quarterly rise of 15.42%. The volatility ratio for the week is 1.74% while the volatility levels for the last 30 days are 2.07% for Public Service Enterprise Group Inc The simple moving average for the last 20 days is 5.81% for PEG’s stock, with a simple moving average of 22.25% for the last 200 days.
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 5.06% 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 able to rebound, for now settling with 0.02% of gains for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares surge +2.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.73% upper at present.
During the last 5 trading sessions, PEG rose by +4.01%, which changed the moving average for the period of 200-days by +59.23% in comparison to the 20-day moving average, which settled at $87.91. In addition, Public Service Enterprise Group Inc saw 52.12% 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 Hanemann Kim C, who sale 956 shares at the price of $90.09 back on Nov 19 ’24. After this action, Hanemann Kim C now owns 0 shares of Public Service Enterprise Group Inc, valued at $86,116 using the latest closing price.
Thigpen Richard T, the SVP Corporate Citizenship of Public Service Enterprise Group Inc, sale 5,900 shares at $87.95 during a trade that took place back on Nov 11 ’24, which means that Thigpen Richard T is holding 25,829 shares at $518,883 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
- 0.29 for the gross margin
The net margin for Public Service Enterprise Group Inc stands at 0.2. The total capital return value is set at 0.05. Equity return is now at value 13.00, with 3.92 for asset returns.
Based on Public Service Enterprise Group Inc (PEG), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.36. The interest coverage ratio of the stock is 3.01.
Currently, EBITDA for the company is 4.8 billion with net debt to EBITDA at 5.4. When we switch over and look at the enterprise to sales, we see a ratio of 6.68. The receivables turnover for the company is 5.73for 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 0.68.
Conclusion
To wrap up, the performance of Public Service Enterprise Group Inc (PEG) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
