$0.90 EPS Expected for Public Service Enterprise Group Incorporated (PEG)

October 16, 2018 - By Peter Erickson

Public Service Enterprise Group Incorporated (NYSE:PEG) LogoInvestors sentiment increased to 0.95 in Q2 2018. Its up 0.14, from 0.81 in 2018Q1. It is positive, as 26 investors sold Public Service Enterprise Group Incorporated shares while 235 reduced holdings. 75 funds opened positions while 173 raised stakes. 335.83 million shares or 0.75% more from 333.32 million shares in 2018Q1 were reported.
New York State Common Retirement Fund holds 0.07% or 1.09M shares. State Board Of Administration Of Florida Retirement System owns 726,270 shares for 0.11% of their portfolio. Brown Advisory reported 79,835 shares stake. Amer Natl Insurance Tx invested in 38,600 shares. 142,460 were accumulated by Ftb Advsrs. Public Employees Retirement Of Ohio reported 207,133 shares stake. Lombard Odier Asset Mngmt (Switzerland) Sa reported 20,746 shares. Avalon Advisors Limited Liability Company has 0.67% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 415,722 shares. Bb&T reported 43,998 shares stake. First Mercantile reported 0.04% in Public Service Enterprise Group Incorporated (NYSE:PEG). Orrstown Financial holds 1.29% in Public Service Enterprise Group Incorporated (NYSE:PEG) or 19,110 shares. Moreover, Adirondack has 0.08% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 2,164 shares. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 819,107 shares. Calamos Advisors Limited Liability Com reported 84,028 shares. Stratos Wealth Prns Ltd has 0.01% invested in Public Service Enterprise Group Incorporated (NYSE:PEG).

Since April 16, 2018, it had 0 insider purchases, and 4 selling transactions for $5.92 million activity. IZZO RALPH had sold 49,829 shares worth $2.62 million.

Analysts expect Public Service Enterprise Group Incorporated (NYSE:PEG) to report $0.90 EPS on October, 30.They anticipate $0.08 EPS change or 9.76 % from last quarter’s $0.82 EPS. PEG’s profit would be $454.80 million giving it 14.86 P/E if the $0.90 EPS is correct. After having $0.64 EPS previously, Public Service Enterprise Group Incorporated’s analysts see 40.63 % EPS growth. The stock decreased 0.37% or $0.2 during the last trading session, reaching $53.48. About 2.12 million shares traded. Public Service Enterprise Group Incorporated (NYSE:PEG) has risen 16.32% since October 16, 2017 and is uptrending. It has outperformed by 0.70% the S&P500.

Public Service Enterprise Group Incorporated (NYSE:PEG) Ratings Coverage

Among 9 analysts covering Public Service Enterprise (NYSE:PEG), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Public Service Enterprise had 14 analyst reports since April 16, 2018 according to SRatingsIntel. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Overweight” rating by Morgan Stanley on Friday, September 21. The firm has “Neutral” rating by Goldman Sachs given on Friday, July 20. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Outperform” rating given on Monday, September 17 by Wells Fargo. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) has “Overweight” rating given on Wednesday, June 13 by Morgan Stanley. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, October 11 report. The firm earned “Neutral” rating on Friday, May 4 by Citigroup. JP Morgan maintained the shares of PEG in report on Tuesday, May 29 with “Overweight” rating. Macquarie Research maintained Public Service Enterprise Group Incorporated (NYSE:PEG) rating on Monday, September 24. Macquarie Research has “Outperform” rating and $57 target. The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned “Buy” rating by Bank of America on Monday, April 16. The firm has “Overweight” rating by Morgan Stanley given on Monday, July 16.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy firm primarily in the Northeastern and Mid- Atlantic United States. The company has market cap of $27.03 billion. It operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,681 megawatts. It has a 12.47 P/E ratio. The firm sells electricity, natural gas, and other energy-related products.

Another recent and important Public Service Enterprise Group Incorporated (NYSE:PEG) news was published by Nasdaq.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within NCR, Lamb Weston, Public Service Enterprise …” on October 15, 2018.

Public Service Enterprise Group Incorporated (NYSE:PEG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>