Handle With Care: Public Service Enterprise Group Inc. (NYSE: PEG)

Currently, there are 498.00M common shares owned by the public and among those 497.59M shares have been available to trade.

Insiders at the company have transacted a total of 26 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 11 of these insider trades were purchases, accounting for 84,747 shares. Insider sales of the common stock occurred on 15 occasions, with total insider shares sold totaling 46,435 shares.

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The company’s stock has a 5-day price change of 2.45% and -5.39% over the past three months. PEG shares are trading 0.70% year to date (YTD), with the 12-month market performance up to 0.70% higher. It has a 12-month low price of $53.71 and touched a high of $65.46 over the same period. PEG has an average intraday trading volume of 2.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.17%, 2.72%, and 0.74% respectively.

Institutional ownership of Public Service Enterprise Group Inc. (NYSE: PEG) shares accounts for 75.55% of the company’s 498.00M shares outstanding.

It has a market capitalization of $30.69B and a beta (3y monthly) value of 0.57. The stock’s trailing 12-month PE ratio is 12.01, while the earnings-per-share (ttm) stands at $5.13. The company has a PEG of 2.61 and a Quick Ratio of 0.46 with the debt-to-equity ratio at 1.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.96% over the week and 1.99% over the month.

Analysts forecast that Public Service Enterprise Group Inc. (PEG) will achieve an EPS of $1.39 for the current quarter, $0.77 for the next quarter and $4.03 for 2025. The lowest estimate earnings-per-share for the quarter is $1.16 while analysts give the company a high EPS estimate of $1.93. Comparatively, EPS for the current quarter was $1.39 a year ago. Earnings per share for the fiscal year are expected to increase by 5.36%, and 9.77% over the next financial year. EPS should shrink at an annualized rate of 4.60% over the next five years, compared to 12.62% over the past 5-year period.

Looking at the support for the PEG, a number of firms have released research notes about the stock. Guggenheim stated their Neutral rating for the stock in a research note on January 22, 2024, with the firm’s price target at $61. Barclays coverage for the Public Service Enterprise Group Inc. (PEG) stock in a research note released on August 23, 2023 offered a Overweight rating with a price target of $64. Goldman on their part issued Neutral rating on June 08, 2023.

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