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The price of Public Service Enterprise Group Inc. (NYSE: PEG) closed at $74.24 in the last session, down -2.25% from day before closing price of $75.95. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 3.31 million shares were traded. PEG stock price reached its highest trading level at $76.42 during the session, while it also had its lowest trading level at $73.83.
Ratios:
We take a closer look at PEG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.20.
On January 22, 2024, Guggenheim Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $61.
On August 23, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $64.Barclays initiated its Overweight rating on August 23, 2023, with a $64 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 03 ’24 when LaRossa Ralph A sold 1,373 shares for $74.99 per share. The transaction valued at 102,959 led to the insider holds 150,654 shares of the business.
LaRossa Ralph A sold 1,374 shares of PEG for $95,566 on May 01 ’24. The Chair, President and CEO now owns 150,973 shares after completing the transaction at $69.55 per share. On Apr 22 ’24, another insider, Chernick Rose M, who serves as the Vice President and Controller of the company, sold 200 shares for $65.78 each. As a result, the insider received 13,156 and left with 34,516 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 36977459200 and an Enterprise Value of 57748492288. As of this moment, Public’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.53, and their Forward P/E ratio for the next fiscal year is 18.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.80 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 5.638 whereas that against EBITDA is 15.031.
Stock Price History:
Over the past 52 weeks, PEG has reached a high of $77.46, while it has fallen to a 52-week low of $53.71. The 50-Day Moving Average of the stock is -0.03%, while the 200-Day Moving Average is calculated to be 13.03%.
Shares Statistics:
According to the various share statistics, PEG traded on average about 2.78M shares per day over the past 3-months and 2570980 shares per day over the past 10 days. A total of 498.00M shares are outstanding, with a floating share count of 497.43M. Insiders hold about 0.13% of the company’s shares, while institutions hold 76.52% stake in the company. Shares short for PEG as of 1721001600 were 8032373 with a Short Ratio of 2.89, compared to 1718323200 on 8009767. Therefore, it implies a Short% of Shares Outstanding of 8032373 and a Short% of Float of 2.1.
Dividends & Splits
The forward annual dividend rate for PEG is 2.34, which was 2.31 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.030414747The stock’s 5-year Average Dividend Yield is 3.41.
