PEG stock: buy or sell?
Updated on:
September 20th, 2019
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 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 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.
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.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-6 | UBS Group | n/a | Buy |
| 2019-9-3 | Mizuho | n/a | Buy |
| 2019-8-13 | Barclays | n/a | Overweight |
| 2019-7-29 | Citigroup | Buy | Neutral |
| 2019-7-19 | Bank of America | Buy | Neutral |
| 2019-6-14 | Morgan Stanley | n/a | Overweight |
| 2019-4-23 | JPMorgan Chase & Co. | Overweight | Neutral |
| 2019-3-13 | Mizuho | n/a | Buy |
| 2019-2-28 | Wells Fargo & Co | n/a | Outperform |
| 2019-2-28 | Deutsche Bank | Buy | Hold |
| 2019-1-22 | Wolfe Research | Market Perform | Outperform |
| 2019-1-17 | Mizuho | Neutral | Buy |
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.
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 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:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-9-6 | UBS Group | Raises Target | $67.00 | $71.00 | 6% |
| 2019-9-3 | Mizuho | Raises Target | $60.00 | $62.00 | 3.3% |
| 2019-8-13 | Barclays | Initiates | n/a | $63.00 | - |
| 2019-7-29 | Citigroup | Downgrades | n/a | $61.00 | - |
| 2019-7-19 | Bank of America | Downgrades | n/a | $65.00 | - |
| 2019-6-14 | Morgan Stanley | Raises Target | $67.00 | $69.00 | 3% |
| 2019-3-13 | Mizuho | Raises Target | $54.00 | $61.50 | 13.9% |
| 2019-2-28 | Wells Fargo & Co | Reiterates | $60.00 | $66.00 | 10% |
| 2019-1-17 | Mizuho | Upgrades | n/a | $52.50 | - |
| (in average) | $61.60 | $63.40 | 3.0% |
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.| 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 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%.| 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 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.| 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 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:
| PEG | AEE | DUK | ED | EXC | |
|---|---|---|---|---|---|
| Market cap | $31.2 B | $19.4 B | $69.4 B | $30.7 B | $47.1 B |
| Total shares | 505.6 M | 245.8 M | 728.6 M | 332.1 M | 971.6 M |
| Float shares | 504.6 M | 244.5 M | 727.6 M | 331.6 M | 969.3 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 selling | 0.0% | 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 gain | 0.13% |
| Average true range | $0.76 |
| 50d mov avg | $59.09 |
| 100d mov avg | $59.09 |
| 200d mov avg | $57.06 |
| Daily pattern | lt01a |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| PEGPublic Service En... | 2.01% | 5.26% | 22.33% |
| AEEAmeren | 2.70% | 8.53% | 25.92% |
| DUKDuke Energy | 7.51% | 7.27% | 24.50% |
| EDConsolidated Edis... | 4.45% | 10.70% | 22.92% |
| EXCExelon | -3.10% | -2.16% | 14.43% |
| FEFirstEnergy | 9.35% | 15.40% | 33.19% |
| NRGNRG Energy | 11.18% | -7.90% | 8.38% |
| PPL | 1.18% | 1.12% | 12.58% |
| SOSouthern | 9.76% | 20.42% | 45.56% |
| XELXcel Energy | 5.67% | 14.74% | 39.96% |