Public Service Enterprise Group Incorporated [PEG] is -6.74% lower this YTD. Is it still time to buy?

Public Service Enterprise Group Incorporated [NYSE: PEG] gained 0.29% on the last trading session, reaching $55.07 price per share at the time.

Public Service Enterprise Group Incorporated represents 505.76 million in outstanding shares, while the company has a total market value of $27.51 billion with the latest information. PEG stock price has been found in the range of $54.47 to $55.37.

If compared to the average trading volume of 2.18M shares, PEG reached a trading volume of 2270261 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Public Service Enterprise Group Incorporated [PEG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEG shares is $60.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEG stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Public Service Enterprise Group Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 22, 2020. The new note on the price target was released on August 04, 2020, representing the official price target for Public Service Enterprise Group Incorporated stock. Previously, the target price had yet another raise from $55 to $57, while BofA Securities kept a Neutral rating on PEG stock.

The Average True Range (ATR) for Public Service Enterprise Group Incorporated is set at 1.28, with the Price to Sales ratio for PEG stock in the period of the last 12 months amounting to 2.86. The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 0.86.

Trading performance analysis for PEG stock

Public Service Enterprise Group Incorporated [PEG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.99. With this latest performance, PEG shares gained by 7.98% in over the last four-week period, additionally plugging by 21.62% over the last 6 months – not to mention a drop of -10.15% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEG stock in for the last two-week period is set at 59.88, with the RSI for the last a single of trading hit 67.11, and the three-weeks RSI is set at 57.81 for Public Service Enterprise Group Incorporated [PEG]. The present Moving Average for the last 50 days of trading for this stock 53.40, while it was recorded at 54.65 for the last single week of trading, and 52.60 for the last 200 days.

Public Service Enterprise Group Incorporated [PEG]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Public Service Enterprise Group Incorporated [PEG] shares currently have an operating margin of +19.91 and a Gross Margin at +19.91. Public Service Enterprise Group Incorporated’s Net Margin is presently recorded at +17.83.

Return on Total Capital for PEG is now 6.15, given the latest momentum, and Return on Invested Capital for the company is 5.98. Return on Equity for this stock inclined to 11.49, with Return on Assets sitting at 3.64. When it comes to the capital structure of this company, Public Service Enterprise Group Incorporated [PEG] has a Total Debt to Total Equity ratio set at 109.32. Additionally, PEG Total Debt to Total Capital is recorded at 52.23, with Total Debt to Total Assets ending up at 34.56. Long-Term Debt to Equity for the company is recorded at 92.89, with the Long-Term Debt to Total Capital now at 44.38.

Reflecting on the efficiency of the workforce at the company, Public Service Enterprise Group Incorporated [PEG] managed to generate an average of $237,447 per employee. Receivables Turnover for the company is 5.44 with a Total Asset Turnover recorded at a value of 0.20.Public Service Enterprise Group Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.60.

Public Service Enterprise Group Incorporated [PEG]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Public Service Enterprise Group Incorporated posted 0.98/share EPS, while the average EPS was predicted by analysts to be reported at 0.96/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PEG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Public Service Enterprise Group Incorporated go to 1.47%.

An analysis of insider ownership at Public Service Enterprise Group Incorporated [PEG]

There are presently around $19,658 million, or 71.20% of PEG stock, in the hands of institutional investors. The top three institutional holders of PEG stocks are: BLACKROCK INC. with ownership of 49,977,929, which is approximately 6.663% of the company’s market cap and around 0.06% of the total institutional ownership; VANGUARD GROUP INC, holding 42,947,751 shares of the stock with an approximate value of $2.37 billion in PEG stocks shares; and STATE STREET CORP, currently with $1.55 billion in PEG stock with ownership of nearly -3.1% of the company’s market capitalization.

Positions in Public Service Enterprise Group Incorporated stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 369 institutional holders increased their position in Public Service Enterprise Group Incorporated [NYSE:PEG] by around 38,433,959 shares. Additionally, 372 investors decreased positions by around 28,646,989 shares, while 155 investors held positions by with 289,879,495 shares. The mentioned changes placed institutional holdings at 356,960,443 shares, according to the latest SEC report filing. PEG stock had 89 new institutional investments in for a total of 4,113,238 shares, while 82 institutional investors sold positions of 3,387,260 shares during the same period.

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