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.
PEG was given price targets by several analysts. The maximum price target given was 50, implying a possible profit of 11.21 percent. The most pessimistic price target was 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. That number becomes -3.28 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.35 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
PEG has an estimated earnings growth rate of 183.1 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. PEG has a PEG ratio of 0.24.
PEG has traded between a high of 46.14 and a low of 39.28 over the past year. The current market price is above the trailing year's low by 14.46 percent, and 2.56 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.