At the time of writing, Public Service Enterprise Group Inc. [PEG] stock is trading at $73.58, down -0.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PEG shares have gain 0.01% over the last week, with a monthly amount drifted -2.88%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Public Service Enterprise Group Inc. [NYSE: PEG] stock has seen the most recent analyst activity on June 17, 2024, when Guggenheim upgraded its rating to a Buy but kept the price target unchanged to $82 for it. Previously, Guggenheim downgraded its rating to Neutral on January 22, 2024, and kept the price target unchanged to $61. On August 23, 2023, Barclays initiated with a Overweight rating and assigned a price target of $64 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $66 on August 14, 2023. Seaport Research Partners downgraded its rating to a Neutral. Goldman started tracking with a Neutral rating for this stock on June 08, 2023, and assigned it a price target of $64. In a note dated April 03, 2023, Ladenburg Thalmann initiated an Neutral rating.
For the past year, the stock price of Public Service Enterprise Group Inc. fluctuated between $53.71 and $75.82. Currently, Wall Street analysts expect the stock to reach $75.8 within the next 12 months. Public Service Enterprise Group Inc. [NYSE: PEG] shares were valued at $73.58 at the most recent close of the market. An investor can expect a potential return of 3.02% based on the average PEG price forecast.
Analyzing the PEG fundamentals
According to Public Service Enterprise Group Inc. [NYSE:PEG], the company’s sales were 9.72B for trailing twelve months, which represents an 1.93% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.12 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.16 points at the first support level, and at 72.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.94, and for the 2nd resistance point, it is at 74.31.
Ratios To Look Out For
It is important to note that Public Service Enterprise Group Inc. [NYSE:PEG] has a current ratio of 0.79. As well, the Quick Ratio is 0.62, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 3.77, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 20.35.
Transactions by insiders
Recent insider trading involved LaRossa Ralph A, Chair, President and CEO, that happened on Jun 03 ’24 when 1373.0 shares were sold. Chair, President and CEO, LaRossa Ralph A completed a deal on May 01 ’24 to sell 1374.0 shares. Meanwhile, Vice President and Controller Chernick Rose M sold 200.0 shares on Apr 22 ’24.
