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After finishing at $89.16 in the prior trading day, Public Service Enterprise Group Inc. (NYSE: PEG) closed at $88.17, down -1.11%. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 3.69 million shares were traded. PEG stock price reached its highest trading level at $90.03 during the session, while it also had its lowest trading level at $87.98.
Ratios:
Our goal is to gain a better understanding of PEG by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 09 ’24 when Linde Tamara Louise sold 9,564 shares for $90.61 per share. The transaction valued at 866,594 led to the insider holds 48,397 shares of the business.
Linde Tamara Louise bought 9,564 shares of PEG for $866,594 on Oct 09 ’24. On Oct 01 ’24, another insider, LaRossa Ralph A, who serves as the Chair, President and CEO of the company, sold 1,378 shares for $90.20 each. As a result, the insider received 124,300 and left with 147,514 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 43922939904 and an Enterprise Value of 65371914240. As of this moment, Public’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.70, and their Forward P/E ratio for the next fiscal year is 21.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.46 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 6.381 whereas that against EBITDA is 18.054.
Stock Price History:
Over the past 52 weeks, PEG has reached a high of $92.20, while it has fallen to a 52-week low of $56.85. The 50-Day Moving Average of the stock is 4.91%, while the 200-Day Moving Average is calculated to be 22.70%.
Shares Statistics:
The stock has traded on average 2.78M shares per day over the past 3-months and 2720110 shares per day over the last 10 days, according to various share statistics. A total of 498.00M shares are outstanding, with a floating share count of 497.56M. Insiders hold about 0.12% of the company’s shares, while institutions hold 75.93% stake in the company. Shares short for PEG as of 1727654400 were 6542123 with a Short Ratio of 2.35, compared to 1724976000 on 5879940. Therefore, it implies a Short% of Shares Outstanding of 6542123 and a Short% of Float of 1.71.
Dividends & Splits
In the trailing 12 months, PEG’s forward annual dividend rate was 2.34, compared to 2.37 this year. Against a Trailing Annual Dividend Yield of 0.026244951The stock’s 5-year Average Dividend Yield is 3.39.
