Public Service Enterprise Group Inc (NYSE: PEG) is -1.49% lower on its value in year-to-date trading and has touched a low of $59.29 and a high of $95.22 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 $84.36 in the last trading session, with the day’s loss setting it -1.13%.
Currently trading at $83.23, the stock is -0.64% and -2.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.85 million and changing -1.34% at the moment leaves the stock 0.96% off its SMA200. PEG registered 37.87% gain for a year compared to 6-month gain of 2.61%.
The stock witnessed a -5.47% loss in the last 1 month and extending the period to 3 months gives it a -8.02%, and is -2.01% 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 2.89% over the week and 2.37% over the month.
Public Service Enterprise Group Inc (PEG) has around 12543 employees, a market worth around $41.47B and $9.97B in sales. Current P/E ratio is 20.48 and Fwd P/E is 19.16. Profit margin for the company is 20.37%. Distance from 52-week low is 40.38% and -12.59% from its 52-week high. The company has generated returns on investments over the last 12 months (5.77%).
The EPS is expected to grow by 9.20% this year.
Public Service Enterprise Group Inc (PEG) Top Institutional Holders
The shares outstanding are 498.00M, and float is at 497.57M with Short Float at 0.99%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 59.89 million shares valued at $4.41 billion. The investor’s holdings represent 12.0024% of the PEG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 53.17 million shares valued at $3.92 billion to account for 10.6556 of the shares outstanding. The other top investors are STATE STREET CORP which holds 27.01 million shares representing 5.4125% and valued at over $1.99 billion, while JPMORGAN CHASE & CO holds 4.9253 of the shares totaling 24.53 million with a market value of $1.81 billion.
Public Service Enterprise Group Inc (PEG) Insider Activity
The most recent transaction is an insider sale by Stephenson Scott G, the company’s Director. SEC filings show that Stephenson Scott G sold 139 shares of the company’s common stock on Jan 17 ’25 at a price of $88.26 per share for a total of $12268.0. Following the sale, the insider now owns 0.0 shares.
Public Service Enterprise Group Inc disclosed in a document filed with the SEC on Feb 03 ’25 that LaRossa Ralph A (Chair, President and CEO) sold a total of 1,378 shares of the company’s common stock. The trade occurred on Feb 03 ’25 and was made at $83.10 per share for $0.11 million. Following the transaction, the insider now directly holds 0.13 million shares of the PEG stock.
Still, SEC filings show that on Jan 02 ’25, LaRossa Ralph A (Chair, President and CEO) disposed off 1,378 shares at an average price of $84.91 for $0.12 million. The insider now directly holds 144,212 shares of Public Service Enterprise Group Inc (PEG).
