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As of close of business last night, Public Service Enterprise Group Inc.’s stock clocked out at $83.44, down -0.95% from its previous closing price of $84.24. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 3.18 million shares were traded. PEG stock price reached its highest trading level at $84.5883 during the session, while it also had its lowest trading level at $82.36.
Ratios:
To gain a deeper understanding of PEG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 13, 2024, initiated with a Hold rating and assigned the stock a target price of $85.
On June 17, 2024, Guggenheim Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $82.
Guggenheim Downgraded its Buy to Neutral on January 22, 2024, while the target price for the stock was maintained at $61.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Linde Tamara Louise sold 9,563 shares for $79.54 per share. The transaction valued at 760,641 led to the insider holds 57,961 shares of the business.
Linde Tamara Louise bought 9,563 shares of PEG for $760,641 on Sep 09 ’24. On Sep 03 ’24, another insider, LaRossa Ralph A, who serves as the Chair, President and CEO of the company, sold 1,378 shares for $80.69 each. As a result, the insider received 111,192 and left with 148,892 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PEG now has a Market Capitalization of 41965146112 and an Enterprise Value of 63015608320. As of this moment, Public’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.27, and their Forward P/E ratio for the next fiscal year is 20.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.22 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 6.151 whereas that against EBITDA is 17.403.
Stock Price History:
Over the past 52 weeks, PEG has reached a high of $85.31, while it has fallen to a 52-week low of $53.71. The 50-Day Moving Average of the stock is 5.27%, while the 200-Day Moving Average is calculated to be 20.38%.
Shares Statistics:
It appears that PEG traded 2.80M shares on average per day over the past three months and 2808500 shares per day over the past ten days. A total of 498.00M shares are outstanding, with a floating share count of 497.34M. Insiders hold about 0.17% of the company’s shares, while institutions hold 75.91% stake in the company. Shares short for PEG as of 1724976000 were 5879940 with a Short Ratio of 2.10, compared to 1722384000 on 7160389. Therefore, it implies a Short% of Shares Outstanding of 5879940 and a Short% of Float of 1.54.
Dividends & Splits
With its trailing 12-month dividend rate of 2.34, PEG has a forward annual dividend rate of 2.37. Against a Trailing Annual Dividend Yield of 0.027777778The stock’s 5-year Average Dividend Yield is 3.4.
