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 highest price target was 50, implying a possible profit of 11.21 percent. The most pessimistic analyst gave a price target of 37, which equates to a potential downside 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. Meanwhile, fiscal year estimates have been revised upwards by 0.35 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.52 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. 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.
The growth rate of PEG's earnings is estimated by analysts to be 183.1 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PEG has a PEG ratio of 0.24.
In the last 52-weeks, PEG has achieved a high of 46.14 and a low of 39.28. 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 price/earnings 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 market cap of PEG is $22.43 billion. PEG's next earnings release will be on 0000-00-00, which is days away.