At the time of writing, Public Service Enterprise Group Inc [PEG] stock is trading at $85.79, up 0.66%. 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 0.40% over the last week, with a monthly amount drifted -7.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Public Service Enterprise Group Inc [NYSE: PEG] stock has seen the most recent analyst activity on September 13, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $85. Previously, Guggenheim upgraded its rating to Buy on June 17, 2024, and kept the price target unchanged to $82. On January 22, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $61 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $64 on August 23, 2023. UBS downgraded its rating to a Neutral and reduced its price target to $66 on August 14, 2023. Seaport Research Partners downgraded its rating to Neutral for this stock on June 20, 2023. In a note dated June 08, 2023, Goldman initiated an Neutral rating and provided a target price of $64 on this stock.
For the past year, the stock price of Public Service Enterprise Group Inc fluctuated between $56.85 and $95.22. Currently, Wall Street analysts expect the stock to reach $84.25 within the next 12 months. Public Service Enterprise Group Inc [NYSE: PEG] shares were valued at $85.79 at the most recent close of the market. An investor can expect a potential drop of -1.8% 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 9.97B for trailing twelve months, which represents an 5.42% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
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 85.21 points at the first support level, and at 84.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.11, and for the 2nd resistance point, it is at 86.42.
Ratios To Look Out For
It is important to note that Public Service Enterprise Group Inc [NYSE:PEG] has a current ratio of 0.68. As well, the Quick Ratio is 0.48, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 4.31, the price to book ratio is 2.65 and price to earnings (TTM) ratio is 21.11.
Transactions by insiders
Recent insider trading involved LaRossa Ralph A, Chair, President and CEO, that happened on Dec 02 ’24 when 1378.0 shares were sold. Affiliate, Ralph A. LaRossa completed a deal on Dec 02 ’24 to buy 4134.0 shares. Meanwhile, President and COO – PSE&G Hanemann Kim C sold 956.0 shares on Nov 19 ’24.
