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.

Investment analysts gave a few price targets for PEG. The most optimistic analyst gave a price target of 50, which equates to a potential upside of 11.21 percent. The most pessimistic price target was 37, implying potential capital losses of -17.7 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.86 percent. The average change in earnings estimates over the last 90 days is -3.28 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.35 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.52 percent.

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. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PEG to grow at a rate of 183.1 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. PEG has a PEG ratio of 0.24.

PEG has a 52-week high of 46.14 and a 52-week low of 39.28. Currently the stock is 14.46 percent higher than its low, and below the high by 2.56 percent. 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 stock has a market capitalization of $22.43 billion. PEG will post this quarters earnings in days, on 0000-00-00.