Public Service Enterprise Group Inc. (PEG) concluded trading on Thursday at a closing price of $87.42, with 2.91 million shares of worth about $254.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.16% during that period and on September 26, 2024 the price saw a loss of about -0.93%. Currently the company’s common shares owned by public are about 498.00M shares, out of which, 497.55M shares are available for trading.
Stock saw a price change of 4.77% in past 5 days and over the past one month there was a price change of 8.47%. Year-to-date (YTD), PEG shares are showing a performance of 42.96% which increased to 49.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $53.71 but also hit the highest price of $88.86 during that period. The average intraday trading volume for Public Service Enterprise Group Inc. shares is 2.89 million. The stock is currently trading 5.18% above its 20-day simple moving average (SMA20), while that difference is up 8.76% for SMA50 and it goes to 25.05% higher than SMA200.
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Public Service Enterprise Group Inc. (NYSE: PEG) currently have 498.00M outstanding shares and institutions hold larger chunk of about 75.93% of that.
The stock has a current market capitalization of $43.55B and its 3Y-monthly beta is at 0.62. PE ratio of stock for trailing 12 months is 26.47, while it has posted earnings per share of $3.30 in the same period. Its PEG reads 4.49 and has Quick Ratio of 0.46 while making debt-to-equity ratio of 1.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PEG, volatility over the week remained 2.00% while standing at 1.67% over the month.
Stock’s fiscal year EPS is expected to rise by 5.32% while it is estimated to increase by 11.31% in next year. EPS is likely to shrink at an annualized rate of 5.90% for next 5-years, compared to annual growth of 12.62% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 13, 2024 offering a Hold rating for the stock and assigned a target price of $85 to it. Coverage by Guggenheim stated Public Service Enterprise Group Inc. (PEG) stock as a Buy in their note to investors on June 17, 2024, suggesting a price target of $82 for the stock. On January 22, 2024, Guggenheim Downgrade their recommendations, while on August 23, 2023, Barclays Initiated their ratings for the stock with a price target of $64. Stock get a Neutral rating from UBS on August 14, 2023.
