PEG stock: buy or sell?

PEG stock price: $61.80 0.13% At close on September 20th, 2019

Updated on:
September 20th, 2019

4

Public Service Enterprise stayed constant 0.13% yesterday to $61.80 after marking all time highs on September 12th. Friday was the fifth climbing session in a row, marking 1.63%.

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 choose your own trading plan 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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Public Service Enterprise stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 12 ratings published for PEG stock in the last 30 days.

The general sentiment of these ratings is bullish for PEG stock, with 8 positive ratings.
Is PEG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6UBS Groupn/aBuy
2019-9-3Mizuhon/aBuy
2019-8-13Barclaysn/aOverweight
2019-7-29CitigroupBuyNeutral
2019-7-19Bank of AmericaBuyNeutral
2019-6-14Morgan Stanleyn/aOverweight
2019-4-23JPMorgan Chase & Co.OverweightNeutral
2019-3-13Mizuhon/aBuy
2019-2-28Wells Fargo & Con/aOutperform
2019-2-28Deutsche BankBuyHold
2019-1-22Wolfe ResearchMarket PerformOutperform
2019-1-17MizuhoNeutralBuy

PEG stock analysis

Daily outlook

After marking all time highs on Sep/12, Public Service Enterprise stayed constant 0.13% yesterday to $61.80.

After reaching all time highs on Sep/12, Public Service Enterprise stayed stable 0.13% to $61.80. On August PEG price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Yesterday, SMA50d and SMA100d crossed up triggering a rise of 0.13%. On Sep/12, PEG hit new all time highs, pushing higher previous ATH of $61.91 recorded on Sep 11th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

PEG stock chart (daily)

Weekly outlook

Shares of Public Service Enterprise closed this week at $61.80 and inched a beatiful 1.64%. For 5 weeks in a row, price climbed and marked a profit of 7.25%.

Not so far away is the last all-time high Public Service Enterprise marked last week. Since late January when PEG stock price broke up the SMA40w line, it gained $11.07 (21.82%).

PEG stock chart (weekly)

PEG stock price history

PEG stock went public on January 2nd, 1980 with a price of $0.111. Since then, PEG stock grew a 56,081.80%, with a yearly average of 1,438.00%. If you had invested right after PEG's IPO a $1,000 in PEG stock in 1980, it would worth $560,818.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PEG stock historical price chart

PEG stock reached all-time highs on Sep/12 with a price of $62.22.

PEG stock price target is $63.40

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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. We found 9 price targets for Public Service Enterprise stock posted in the last 30 days:
PEG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6UBS GroupRaises Target$67.00$71.006%
2019-9-3MizuhoRaises Target$60.00$62.003.3%
2019-8-13BarclaysInitiatesn/a$63.00-
2019-7-29CitigroupDowngradesn/a$61.00-
2019-7-19Bank of AmericaDowngradesn/a$65.00-
2019-6-14Morgan StanleyRaises Target$67.00$69.003%
2019-3-13MizuhoRaises Target$54.00$61.5013.9%
2019-2-28Wells Fargo & CoReiterates$60.00$66.0010%
2019-1-17MizuhoUpgradesn/a$52.50-
(in average)$61.60$63.403.0%
The price prediction for Public Service Enterprise stock is $63.40, moving in a range between $71.00 and $52.50. In average, analysts' outlook on PEG price forecast is positive, upgrading the forecast by a 3.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on February, Public Service Enterprise . Unfortunately, reported EPS is not yet available in our database.
PEG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.23n/a
2017-Q2-n/a0.22n/a
2017-Q32017-10-310.840.82-2.4%
2017-Q42018-02-230.560.571.8%
2018-Q12018-04-300.980.97-1.0%
2018-Q22018-08-010.620.643.2%
2018-Q32018-10-300.920.953.3%
2018-Q42019-02-270.550.561.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Public Service Enterprise annual turnover soared an excellent 6.62% to $9,696.00 million dollars from $9,094.00 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) depreciated a -2.48% to 14.83%.

PEG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,080 M-$1,240 M12.3%-
2014$10,886 M8.00%$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 M0.36%$1,574 M17.3%77.45%
2018$9,696 M6.62%$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 earnings marked $199.00 million with a profit margin of 8.06%. Profit margin slipped a -9.15% compared to previous quarter when profit margin was 17.21%. When comparing turnover to same quarter last year, Public Service Enterprise sales marked a super good gain and rocketed a 17.69%. Looking back to recent quarterly results, Public Service Enterprise posted 2 positive quarters in a row.
PEG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(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 M12.03%$395 M17.5%262.39%
2017-Q4$2,097 M-7.34%$956 M45.6%142.03%
2018-Q1$2,818 M34.38%$558 M19.8%-41.63%
2018-Q2$2,016 M-28.46%$269 M13.3%-51.79%
2018-Q3$2,394 M18.75%$412 M17.2%53.16%
2018-Q4$2,468 M3.09%$199 M8.1%-51.70%

Public Service Enterprise ownership

When you are planning to buy a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Public Service Enterprise, 0.09% of all outstanding shares are owned by its staff.

In case of Public Service Enterprise stock, 72.15% 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.

The following table compares ownership indicators for other stocks related to Public Service Enterprise:

PEGAEEDUKEDEXC
Market cap$31.2 B$19.4 B$69.4 B$30.7 B$47.1 B
Total shares505.6 M245.8 M728.6 M332.1 M971.6 M
Float shares504.6 M244.5 M727.6 M331.6 M969.3 M
  - Institutional holdings (%)72.2%74.4%61.7%61.4%81.6%
  - Insider holdings (%)0.1%0.4%0.1%0.2%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

PEG summary

Friday, September 20th, 2019
Open$61.93
Close$61.80
Day range$61.60 - $62.18
Previous close$61.72
Session gain0.13%
Average true range$0.76
50d mov avg$59.09
100d mov avg$59.09
200d mov avg$57.06
Daily patternlt01a
Weekly pattern

Public Service Enterprise performance

To measure stock performance is always good to compare with competitors or related stocks. We picked Ameren, Duke Energy, Consolidated Edison, Exelon, FirstEnergy, NRG Energy, PPL, Southern and Xcel Energy as the bechmarking frame for Public Service Enterprise stock.
Stock3m6m12m
PEGPublic Service En...2.01%5.26%22.33%
AEEAmeren2.70%8.53%25.92%
DUKDuke Energy7.51%7.27%24.50%
EDConsolidated Edis...4.45%10.70%22.92%
EXCExelon-3.10%-2.16%14.43%
FEFirstEnergy9.35%15.40%33.19%
NRGNRG Energy11.18%-7.90%8.38%
PPL 1.18%1.12%12.58%
SOSouthern9.76%20.42%45.56%
XELXcel Energy5.67%14.74%39.96%

Public Service Enterprise competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Public Service Enterprise. We chose 9 companies as Public Service Enterprise competitors as they are in the same industry or have similar market objectives.