Public Service Enterprise Group Inc (NYSE: PEG) is -2.58% lower on its value in year-to-date trading and has touched a low of $71.89 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 $81.90 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $82.31, the stock is 3.84% and 2.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.13 million and changing 0.50% at the moment leaves the stock -2.34% off its SMA200. PEG registered 11.37% gain for a year compared to 6-month loss of -12.62%. The firm has a 50-day simple moving average (SMA 50) of $80.4402 and a 200-day simple moving average (SMA200) of $84.27925.
The stock witnessed a 3.56% gain in the last 1 month and extending the period to 3 months gives it a 1.11%, and is 3.40% up 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 0.66% over the week and 1.27% over the month.
Public Service Enterprise Group Inc (PEG) has around 13047 employees, a market worth around $41.07B and $10.82B in sales. Current P/E ratio is 22.50 and Fwd P/E is 18.93. Profit margin for the company is 16.91%. Distance from 52-week low is 14.49% and -13.56% from its 52-week high. The company has generated returns on investments over the last 12 months (4.95%).
The EPS is expected to grow by 9.07% this year.
Public Service Enterprise Group Inc (PEG) Top Institutional Holders
1647.0 institutions hold shares in Public Service Enterprise Group Inc (PEG), with institutional investors hold 76.72% of the company’s shares. The shares outstanding are 499.00M, and float is at 498.25M with Short Float at 1.95%. Institutions hold 76.63% of the Float.
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 12.0265% 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 10.677 of the shares outstanding. The other top investors are STATE STREET CORP which holds 27.01 million shares representing 5.4234% 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 LaRossa Ralph A,the company’sChair, President and CEO. SEC filings show that LaRossa Ralph A sold 1,378 shares of the company’s common stock on Jun 02 ’25 at a price of $81.88 per share for a total of $0.11 million. Following the sale, the insider now owns 0.22 million shares.
Public Service Enterprise Group Inc disclosed in a document filed with the SEC on May 01 ’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 May 01 ’25 and was made at $79.26 per share for $0.11 million. Following the transaction, the insider now directly holds 0.22 million shares of the PEG stock.
Still, SEC filings show that on Apr 01 ’25, LaRossa Ralph A (Chair, President and CEO) disposed off 1,378 shares at an average price of $82.88 for $0.11 million. The insider now directly holds 221,670 shares of Public Service Enterprise Group Inc (PEG).
