Public Service Enterprise Group Inc. [NYSE: PEG] loss -0.63% on the last trading session, reaching $73.11 price per share at the time.
If compared to the average trading volume of 2.72M shares, PEG reached a trading volume of 5089131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying about Public Service Enterprise Group Inc. [PEG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEG shares is $75.21 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 2.19. 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.
Guggenheim have made an estimate for Public Service Enterprise Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 17, 2024. The new note on the price target was released on January 22, 2024, representing the official price target for Public Service Enterprise Group Inc. stock. Previously, the target price had yet another raise to $64, while Barclays analysts kept a Overweight rating on PEG stock. On August 14, 2023, analysts decreased their price target for PEG shares from 70 to 66.
The Average True Range (ATR) for Public Service Enterprise Group Inc. is set at 1.27, with the Price to Sales ratio for PEG stock in the period of the last 12 months amounting to 3.74. The Price to Book ratio for the last quarter was 2.32, with the Price to Cash per share for the same quarter was set at 2.41.
Trading performance analysis for PEG stock
Public Service Enterprise Group Inc. [PEG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.25. With this latest performance, PEG shares dropped by -2.57% in over the last four-week period, additionally plugging by 20.54% over the last 6 months – not to mention a rise of 17.63% 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 49.45, with the RSI for the last a single of trading hit 46.46, and the three-weeks RSI is set at 52.28 for Public Service Enterprise Group Inc. [PEG]. The present Moving Average for the last 50 days of trading for this stock 71.99, while it was recorded at 73.60 for the last single week of trading, and 64.18 for the last 200 days.
Public Service Enterprise Group Inc. [PEG]: A deeper dive into fundamental analysis
Public Service Enterprise Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.62 and a Current Ratio set at 0.79.
Public Service Enterprise Group Inc. [PEG]: An earnings per share (EPS) analysis
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 Inc. go to 5.45%.
An analysis of Institutional ownership at Public Service Enterprise Group Inc. [PEG]
The top three institutional holders of PEG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PEG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PEG stock with ownership which is approximately 5.8386%.
