On Friday, Public Service Enterprise Group Inc (NYSE: PEG) opened lower -2.35% from the last session, before settling in for the closing price of $89.41. Price fluctuations for PEG have ranged from $56.85 to $92.20 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 0.79% over the past five years. Company’s average yearly earnings per share was noted 5.24% at the time writing. With a float of $497.56 million, this company’s outstanding shares have now reached $498.00 million.
Let’s look at the performance matrix of the company that is accounted for 12543 employees. In terms of profitability, gross margin is 31.54%, operating margin of 22.8%, and the pretax margin is 18.15%.
Public Service Enterprise Group Inc (PEG) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Public Service Enterprise Group Inc is 0.12%, while institutional ownership is 76.13%. The most recent insider transaction that took place on Oct 09 ’24, was worth 866,594. In this transaction EVP & Chief Legal Officer of this company sold 9,564 shares at a rate of $90.61, taking the stock ownership to the 48,397 shares. Before that another transaction happened on Oct 09 ’24, when Company’s Officer proposed sale 9,564 for $90.61, making the entire transaction worth $866,594.
Public Service Enterprise Group Inc (PEG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 5.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 12.62% growth over the previous five years of trading.
Public Service Enterprise Group Inc (NYSE: PEG) Trading Performance Indicators
Check out the current performance indicators for Public Service Enterprise Group Inc (PEG). In the past quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.30, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 4.12 in one year’s time.
Technical Analysis of Public Service Enterprise Group Inc (PEG)
Public Service Enterprise Group Inc (NYSE: PEG) saw its 5-day average volume 2.48 million, a negative change from its year-to-date volume of 2.78 million. As of the previous 9 days, the stock’s Stochastic %D was 17.68%. Additionally, its Average True Range was 1.57.
During the past 100 days, Public Service Enterprise Group Inc’s (PEG) raw stochastic average was set at 75.92%, which indicates a significant increase from 2.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.45% in the past 14 days, which was higher than the 17.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.48, while its 200-day Moving Average is $73.72. Nevertheless, the first resistance level for the watch stands at $88.83 in the near term. At $90.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $91.16. If the price goes on to break the first support level at $86.51, it is likely to go to the next support level at $85.70. Assuming the price breaks the second support level, the third support level stands at $84.18.
Public Service Enterprise Group Inc (NYSE: PEG) Key Stats
There are currently 498,162K shares outstanding in the company with a market cap of 42.47 billion. Presently, the company’s annual sales total 11,237 M according to its annual income of 2,563 M. Last quarter, the company’s sales amounted to 2,423 M and its income totaled 434,000 K.
