Analyst Ratings for Public Service Enterprise Group Inc. (PEG)Updated: 2017-07-28
Shares of Public Service Enterprise Group Inc. (NYSE:PEG) have received a consensus rating of Hold from Wall Street analysts. Last month, PEG received an average rating of Hold.
Of the 18 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 14 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has decreased by 1.
A number of analysts gave price targets for PEG. The maximum price target given was 50, implying a possible profit of 11.21 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of -17.7 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.86 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.28 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.35 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.52 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
PEG has an estimated earnings growth rate of 183.1 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PEG is 0.24.
In the last 52-weeks, PEG has achieved a high of 46.14 and a low of 39.28. Currently the stock is 14.46 percent higher than its low, and 2.56 percent lower than its 52-week high. PEG has a P/E ratio of 43.23. Investors typically compare the P/E ratio to a company's peers in the industry. The PEG value stock report compares PEG to some of its peers using value stock charts. The stock has a market capitalization of $22.43 billion. PEG's next earnings release will be on 0000-00-00, which is days away.