Demystifying Public Service Enterprise: Insights From 5 Analyst Reviews

5 analysts have shared their evaluations of Public Service Enterprise PEG during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $90.4, with a high estimate of $98.00 and a low estimate of $86.00. This upward trend is evident, with the current average reflecting a 0.67% increase from the previous average price target of $89.80.

Investigating Analyst Ratings: An Elaborate Study

The standing of Public Service Enterprise among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Public Service Enterprise. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Public Service Enterprise compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Public Service Enterprise's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Public Service Enterprise's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Public Service Enterprise analyst ratings.

Unveiling the Story Behind Public Service Enterprise

Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

Public Service Enterprise: Financial Performance Dissected

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Public Service Enterprise's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 7.57%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Utilities sector.

Net Margin: Public Service Enterprise's net margin excels beyond industry benchmarks, reaching 19.68%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Public Service Enterprise's ROE excels beyond industry benchmarks, reaching 3.26%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Public Service Enterprise's ROA stands out, surpassing industry averages. With an impressive ROA of 0.98%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Public Service Enterprise's debt-to-equity ratio is below the industry average. With a ratio of 1.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.