PEG stock: buy or sell?
Updated on:
February 24th, 2020
4
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States.
Should I buy PEG stock?
Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.None of our preferred buy setups matches with Public Service Enterprise stock situation right now, therefore this is not a suitable entry point.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Public Service Enterprise stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't find any rating for PEG stock for the last month.PEG stock analysis
Daily outlook
Public Service Enterprise shares depreciated -1.42% to $59.11 today.
Public Service Enterprise depreciated a fateful -1.42% and closed at $59.11. In this session, Public Service Enterprise stock crossed down the SMA200d line. If you are using SMA200d line as stop loss trigger, double check your position in this stock. On October, PEG hit new all time highs, pushing higher previous ATH of $62.10 recorded on October. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Weekly outlook
Public Service Enterprise closed this week at $59.11 and declined a lame -1.42%.
This week, Public Service Enterprise stock crossed down the significant level of the 40-weeks moving average. Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Public Service Enterprise recorded early October but price is just -6.72% below that top.
PEG stock price history
PEG IPO was on January 2nd, 1980 at $0.11 per share1. Since then, PEG stock surged a 53,636.40%, with an average of 1,340.90% per year. If you had invested right after PEG's IPO a $1,000 in PEG stock in 1980, it would worth $536,364.00 today.
1: Adjusted price after possible price splits or reverse-splits.
PEG stock historical price chart
PEG stock reached all-time highs on October with a price of $63.37.
PEG stock price target
How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' PEG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Public Service Enterprise stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report , Public Service Enterprise . As soon as we get its posted EPS from the earnings report, we will update this review.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q1 | - | n/a | 0.23 | n/a |
| 2017-Q2 | - | n/a | 0.22 | n/a |
| 2017-Q3 | 2017-10-31 | 0.84 | 0.82 | -2.4% |
| 2017-Q4 | 2018-02-23 | 0.56 | 0.57 | 1.8% |
| 2018-Q1 | 2018-04-30 | 0.98 | 0.97 | -1.0% |
| 2018-Q2 | 2018-08-01 | 0.62 | 0.64 | 3.2% |
| 2018-Q3 | 2018-10-30 | 0.92 | 0.95 | 3.3% |
| 2018-Q4 | 2019-02-27 | 0.55 | 0.56 | 1.8% |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Public Service Enterprise annual sales rose a shining 6.62% to $9,696.00 million dollars from $9,094.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) depreciated a -2.48% to 14.83%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $10,080 M | - | $1,240 M12.3% | - |
| 2014 | $10,886 M | 8.00% | $1,518 M13.9% | 22.42% |
| 2015 | $10,415 M | -4.33% | $1,679 M16.1% | 10.61% |
| 2016 | $9,061 M | -13.00% | $887 M9.8% | -47.17% |
| 2017 | $9,094 M | 0.36% | $1,574 M17.3% | 77.45% |
| 2018 | $9,696 M | 6.62% | $1,438 M14.8% | -8.64% |
Quarterly financial results
Public Service Enterprise posted $2,468.00 M in revenues for 2018-Q4, a 3.09% up compared to previous quarter. Reported quarter income marked $199.00 M with a profit margin of 8.06%. Profit margin eased a -9.15% compared to previous quarter when profit margin was 17.21%. When comparing sales to same quarter last year, Public Service Enterprise sales marked an amazing increase and rocketed a 17.69%. Looking back to recent quarterly results, Public Service Enterprise posted 2 positive quarters in a row.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q1 | $2,510 M | - | $114 M4.5% | - |
| 2017-Q2 | $2,020 M | -19.52% | $109 M5.4% | -4.39% |
| 2017-Q3 | $2,263 M | 12.03% | $395 M17.5% | 262.39% |
| 2017-Q4 | $2,097 M | -7.34% | $956 M45.6% | 142.03% |
| 2018-Q1 | $2,818 M | 34.38% | $558 M19.8% | -41.63% |
| 2018-Q2 | $2,016 M | -28.46% | $269 M13.3% | -51.79% |
| 2018-Q3 | $2,394 M | 18.75% | $412 M17.2% | 53.16% |
| 2018-Q4 | $2,468 M | 3.09% | $199 M8.1% | -51.70% |
Public Service Enterprise ownership
When you are planning to buy a stock, it's worth to review its ownership structure.Public Service Enterprise shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.07% of all shares.
In case of Public Service Enterprise stock, 72.38% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PEG stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
| PEG | |
|---|---|
| Market cap | $29.9 B |
| Total shares | 505.7 M |
| Float shares | 504.9 M |
| - Institutional holdings (%) | 72.4% |
| - Insider holdings (%) | 0.1% |
| Shares in short selling | 0.0% |
PEG summary
| Monday, February 24th, 2020 | |
|---|---|
| Open | $59.71 |
| Close | $59.11 |
| Day range | $59.10 - $60.16 |
| Previous close | $59.96 |
| Session gain | -1.42% |
| Average true range | $0.80 |
| 50d mov avg | $58.94 |
| 100d mov avg | $59.80 |
| 200d mov avg | $59.33 |
| Daily pattern | |
| Weekly pattern | |
Public Service Enterprise performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Public Service Enterprise, the comparison is made against .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| PEGPublic Service En... | 0.48% | -0.69% | 2.96% |