Public Service Enterprise Group Incorporated (NYSE: PEG) is -3.37% lower on its value in year-to-date trading and has touched a low of $58.19 and a high of $75.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PEG stock was last observed hovering at around $65.38 in the last trading session, with the day’s loss setting it -0.9% off its average median price target of $75.00 for the next 12 months. It is also 27.55% off the consensus price target high of $89.00 offered by analysts, but current levels are 2.3% higher than the price target low of $66.00 for the same period.
Currently trading at $64.48, the stock is -2.94% and -1.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -1.38% at the moment leaves the stock -2.68% off its SMA200. PEG registered 4.51% gain for a year compared to 6-month gain of -3.90%.
The stock witnessed a -4.97% loss in the last 1 month and extending the period to 3 months gives it a 7.79%, and is -4.15% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.62% over the week and 2.08% over the month.
Public Service Enterprise Group Incorporated (PEG) has around 12684 employees, a market worth around $32.22B and $9.35B in sales. Fwd P/E is 18.01. Profit margin for the company is -10.60%. Distance from 52-week low is 10.81% and -14.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.10%).
Public Service Enterprise Group Incorporated (PEG) Analyst Forecasts
Public Service Enterprise Group Incorporated is expected to release its quarterly report on 11/01/2022.The EPS is expected to shrink by -134.20% this year
Public Service Enterprise Group Incorporated (PEG) Top Institutional Holders
The shares outstanding are 498.86M, and float is at 497.94M with Short Float at 1.08%.
Public Service Enterprise Group Incorporated (PEG) Insider Activity
A total of 17 insider transactions have happened at Public Service Enterprise Group Incorporated (PEG) in the last six months, with sales accounting for 13 and purchases happening 4 times. The most recent transaction is an insider sale by LaRossa Ralph A, the company’s President and CEO. SEC filings show that LaRossa Ralph A sold 1,054 shares of the company’s common stock on Sep 07 at a price of $65.75 per share for a total of $69303.0. Following the sale, the insider now owns 82649.0 shares.
Public Service Enterprise Group Incorporated disclosed in a document filed with the SEC on Sep 06 that Chernick Rose M (Vice President and Controller) sold a total of 200 shares of the company’s common stock. The trade occurred on Sep 06 and was made at $64.31 per share for $12862.0. Following the transaction, the insider now directly holds 30321.0 shares of the PEG stock.
Still, SEC filings show that on Sep 01, IZZO RALPH (Executive Chair of the Board) disposed off 9,889 shares at an average price of $64.52 for $0.64 million. The insider now directly holds 431,724 shares of Public Service Enterprise Group Incorporated (PEG).
Public Service Enterprise Group Incorporated (PEG): Who are the competitors?
The company’s main competitors (and peers) include Duke Energy Corporation (DUK) that is trading 5.43% up over the past 12 months and Exelon Corporation (EXC) that is 20.44% higher over the same period. Sempra (SRE) is 27.43% up on the 1-year trading charts.